Democratic Board Elections: Why They Matter

It’s the time of year for Vizo Financial’s annual board of directors’ election.

Our election results are announced at the Annual Meeting in June. However, the process begins much earlier. At the beginning of each year, we send our call for nominations. The nominating committee then reviews the nominations and approves candidates. Next comes the nomination by petition period when individuals have the opportunity to collect signatures for petition to be added to the slate of candidates. Following the nomination by petition period, the election period begins where our members select their chosen candidates to represent them on the governing board.

Any organization’s board benefits from having diverse representation from different geographical, ethnic and cultural, asset-size, gender or occupational groups. Boards that include varied perspectives, skill sets, backgrounds and expertise better understand a greater range of needs, prepare for possible challenges and are overall more effective. It provides a governing body with the ability to respectfully debate and innovate for the good of the membership.

The Vizo Financial board of directors volunteer their time and expertise ensuring that the Corporate is a valuable resource for your credit union. Our vision is simple – accelerating credit union success. We do what we do to help you, and our board members take their role very seriously by setting strategic direction, establishing policies, managing risk and ensuring accountability and compliance, so as a member of the Corporate, you know your investment is safe and sound.

Vizo Financial conducts its annual board of directors’ election through Survey & Ballot Systems (SBS) to ensure an organized and effective election process. SBS is a secure online platform that makes it easy for your credit union to submit a nomination and to vote in the annual election. Through Democratic Member Control – one of the eight cooperative principles for credit unions – one member equals one vote. Your participation and your vote matters!

So, when you get that email to cast your ballot, please take the time to review the candidates and vote.

Then, mark your calendars for our virtual Annual Meeting on June 17, 2026, at 10:00 a.m. ET to see who has been elected to the board, as well as hear updates on all the exciting and innovative projects and plans your corporate is working on to benefit your credit union!

Bonnie Cameron serves as the executive administrative assistant for the CEO and executive team at Vizo Financial. She contributes to committee meeting planning, execution and follow up, and coordinates the Corporate's annual election.