Board of Directors

• Apply your expertise: Bring your professional knowledge to meaningful governance
• Expand your network: Connect with other dedicated community leaders
• Develop leadership skills: Grow personally and professionally while serving others
• Drive community impact: Help shape initiatives that strengthen the communities we serve

Formal nominations open in December; however, we welcome expressions of interest throughout the year. Board vacancies are determined by expiring terms and announced each November, with successful candidates introduced at our Annual General Meeting in April.

Board Directors for a financial institution should have previous executive/senior management experience in a business or not-for-profit setting of equitable size; including leveraging information technology as an integral business enabler.  The Board is expected to oversee and approve the Credit Union’s short-term and long-term strategy, significant strategic initiatives, plans related to capital and liquidity management, mandates for key oversight functions, governing policies, and risk management. The Board is also responsible for the appointment, setting of performance objectives, compensation, incentives, and succession plans for the Credit Union’s CEO. Directors should have a solid knowledge of governance in a corporate setting, economics, and monetary dynamics.

We’re looking for candidates who:

• Are passionate about community
• Share our commitment to values-based banking principles
• Have a solid knowledge of governance in a corporate setting, economics and monetary dynamics
• Bring diverse professional experience and perspectives
• Demonstrate strong leadership and collaborative skills
• Can dedicate time to Board meetings and strategic planning sessions

Take the first step toward this rewarding leadership opportunity by contacting our Board Nominations Committee at Board@PenFinancial.com.