Voting is now closed. Thank you for your participation!
Voting Is One of the Many Benefits of Being a Member
Voting in the WPCU® Annual Election is one of the many benefits that comes with being a member. As in years past, eligible voters can cast their vote at WPCU.coop/VOTE, or by mail-in ballot. Voters have the opportunity to make their voice heard by:
- Voting for up to three Board of Directors candidates
- and approving the 2024 Annual Meeting Minutes
WPCU uses a form of corporate governance in which candidates for the board of directors must receive a majority of "For" votes from most voting members to be elected. Under this form of election you cast your vote either "for" individual candidates or you "withhold support".
- Candidates receiving a majority of "For" votes are elected to the board of directors for a three-year term.
- Candidates receiving a majority of "Withhold support" votes are not elected and the seat for which they were running remains vacant until a new candidate is identified.
You can also vote to approve the minutes of the previous year's Annual Meeting, which helps to validate the direction of your credit union.
Online Voting is as simple as 1-2-3!
- If you are signed up for eStatements, you should have received an email from "CUBallot for Wright-Patt Credit Union" on January 2nd.
- The email includes quick instructions on casting your vote, and also includes your Personal Election ID (PID). Your PID is a ten-digit code that has been uniquely created for each eligible member, and allows CUBallot to match your information with your vote. Either your PID or your full 13-digit TrueSaver® savings account number, AND your Social Security number or EIN, will be needed to cast your vote online.
- Eligible Members will be directed to visit www.WPCU.coop/VOTE and click on "Vote Now", which will direct you through the voting process.
Watch for your email from CUBallot
Wright-Patt Credit Union has partnered with CUBallot, a trusted organization with more than 18 years of managing elections on behalf of businesses nationwide! Their partnership allows us to make the voting experience easier and more secure for our members, the credit union and our board of directors.
If you receive paper statements and a paper ballot in the mail, your ballot should arrive early to mid-January. You may cast your vote by paper ballot or online.
Please note, the FIRST vote received between electronic and paper will be the one that is counted.
If you normally receive paper statements in the mail, your Annual Meeting Notice and paper ballots will be included with your December Statement. It should arrive early to mid-January.
You may cast your vote by paper ballot or online.
Please note, the FIRST vote received between electronic and paper will be the one that is counted.
Frequently Asked Questions
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As a financial cooperative owned by its members, WPCU is governed by a nine-member board of directors that oversees WPCU’s mission of helping members through life. It’s a big job with lots of responsibility …. board members are engaged in a wide range of duties including setting the vision, mission, and strategy of the credit union, selecting a president/CEO, establishing appropriate internal controls, and ensuring the credit union operates in accordance with federal and state law. Board members also have a legal and fiduciary responsibility to protect member-owned assets and ensure the credit union is financially sound with appropriate safety reserves.
The best directors understand the credit union philosophy and have a real desire to better the financial lives of members. They possess the ability to think strategically, understand financial reporting and oversight, and can carry out their legal duties of care and loyalty to WPCU. Perhaps most importantly, they put the collective interests of WPCU members ahead of any personal ambitions and they provide expertise and experience for overseeing a complex and highly regulated financial operation. Directors spend significant time preparing for and attending meetings and regularly participate in continuing education to expand their understanding of today’s complex financial marketplace.
Because of the depth of responsibility required of a credit union director and in order to attract qualified candidates with the experience and expertise to oversee complicated financial operations, the Ohio Revised Code permits directors of state-chartered credit unions to receive a stipend for their service. Accordingly, WPCU directors receive a stipend of $1,200 per month for their service on behalf of members. The chair of the board receives a stipend of $1,400 per month.
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WPCU uses a form of corporate governance in which candidates for the board of directors must receive a majority of "For" votes from most voting members to be elected. Under this form of election you cast your vote either "for" individual candidates or you "withhold support".
- Candidates receiving a majority of "For" votes are elected to the board of directors for a three-year term.
- Candidates receiving a majority of "Withhold support" votes are not elected and the seat for which they were running remains vacant until a new candidate is identified.
It is important to note that candidates for the WPCU board are not running against each other where candidates with the highest number of votes are elected. It is indeed possible for a candidate on the ballot to not be elected if they receive a majority of "withhold support" votes. Accordingly, with your vote you are indicating whether you support each individual candidate on the ballot to serve on your behalf, or whether you withhold your support from one or more candidates.
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You are eligible to participate in the upcoming election if you:
- Joined WPCU by October 31, 2024
- Have a personal, business, employee, family, custodian or representative payee account
- Are age 16 or older as of October 31, 2024
- Have a minimum $5 in your TrueSaver® savings account
- Do not have any charge-offs or delinquent accounts as of October 31, 2024
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Nothing at all! Simply keep an eye out in your inbox and/or mailbox this month. We will take care of the rest.
When you receive your email or ballot in the mail, be sure to open it to obtain your Personal Election ID (PID). You will need this to cast your vote online. If you miss the first election email, don't worry. Reminder emails will be sent out weekly through the election period. Remember, you will receive your WPCU Board Election email from CUBallot, our trusted third-party electronic voting vendor.
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We're here to help! Simply contact us here or call us at (800) 762-0047.