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Proxy Voting Requirements

Your voice and vote matter! Play an active role in shaping the future of your credit union. By participating in the vote, you get to contribute to the decision-making process and help determine the direction our organization takes.

Class A Shareholders

Members holding Class A Shares (previously known as Patronage Shares), have the option to proxy their Class A Shares now, or cast their votes along with their Membership Share vote starting June 3, 2024. 

How to Vote: Proxies will be sent via email through OneSpan and the deadline to complete the proxy is 11:59 pm ET on May 29, 2024

Members choosing to proxy their Class A Shares using the proxy form, are still required to log in to our voting platform starting June 3, 2024 to cast their Membership Share vote. To vote, please use the member number the contains your Membership Share account and your date of birth. 

Business Members

To participate in the online vote, all corporations, partnerships and unincorporated associations are required to designate someone to vote on behalf of your organization using a proxy form. Please note that if you have multiple business accounts with us, you will be provided with proxies for each business account. The designate can only carry the vote of one business/association at a time. 

How to Vote: Proxies will be sent via email through OneSpan and the deadline to complete the proxy is 11:59 pm ET on May 29, 2024. Late submissions will not be accepted, and your business will not be eligible to vote.

Once the proxy is submitted, the authorized person will submit the business’ vote online starting June 3, 2024. To do so, they will need the business member number and their date of birth.

Business members with Class A Shares, will receive two proxies from us: one for Class A Shares and one for their business. The process remains the same, where the Class A proxy is optional, and the Business proxy is mandatory. Failing to complete the Business proxy will result in the inability to vote online for both their Class A Share and Membership Share.

 
 

Timeline

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Frequently Asked Questions

Proxies will be sent by email through OneSpan and must be completed electronically. If you’re unsure if your business has an email with us, please reach out to your Business Relationship Manager.

The deadline for completing proxies is 11:59 pm ET on May 29, 2024. However, members must provide their email address by 4:30 pm ET on May 17, 2024, to receive a proxy. If you’re a business member and unsure if you have an email with us, please reach out to your Business Relationship Manager.

Class A Shareholders are voting on incorporating their share dollars into the new organization.

The number of votes a Class A Shareholder will receive will be based on the share value as of May 2, 2024. 

$1 = 1 Share = 1 Vote

Membership Shares are voting in favour or against our proposed merger with Northern Credit Union.

The voting link will be provided via email, social media, and on the website. Additionally, electronic voting stations will be available at any Copperfin branch for members to use.

No. Votes can only be cast once and are unable to be changed once submitted.

The Special Meeting of Shareholders and of the Members will be held Friday, June 21, 2024, at 12:00 pm ET and 12:30 pm ET respectively.

No. Votes can only be cast once and are unable to be changed once submitted.

Your date of birth and account number that contains Membership Share account.