Patelco News and Announcements

Number of Vacancies
The number of vacancies and terms of office to be filled by election by the members of Patelco Credit Union are as follows: There will be one (1) board vacancy in April 2027. The expiration of a Director’s term creates a vacancy for which Patelco members may apply, as provided in the Patelco Bylaws. Each Director’s term is for a period of three (3) years. The Director(s) whose current term(s) is expiring are seeking re-election for an additional three (3) year term.
 
Nominations
Nominations for election to the board shall be made (1) by nomination by the Governance Committee of Patelco Credit Union, or (2) by members by means of petition signed by 250 members of Patelco Credit Union; such petitions to be in a form approved by Patelco Credit Union and to have been signed by Patelco Credit Union members within eleven (11) months preceding the date of the meeting at which directors are to be elected. Candidates must be Patelco members in good standing. A petition nominating a member as a candidate to fill one of the vacancies must be accompanied by a statement attesting to the candidate’s willingness to serve if elected. Persons interested in being nominated by the Governance Committee are urged to submit a resume, and such other information as the applicant views pertinent, to the Governance Committee between October 1, 2026, and November 1, 2026, and addressed as follows:
 

• Governance Committee
• c/o Angela Jeffers
• Patelco Credit Union
• 3 Park Place
• Dublin, CA 94568

Close of Nominations
Nominations will close at midnight on February 12, 2027. Petitions shall be delivered to the Secretary of the corporation by the date set for the close of nominations and petitions not so delivered will be invalid. Petitions may be mailed in lieu of delivery and, if mailed, the postmark date on the envelope shall determine the effective date of delivery of the petition(s) to the Secretary of the corporation.
 
Individuals nominated or not nominated by the Governance Committee will be notified the week of January 18, 2027, in order to allow time for the petition process.
 
No nominations for the Board of Directors can be made after the close of nominations.
 
Notice of Nominations and Meeting Date, Time and Place
Following the close of nominations, if there is more than one candidate for election to any vacant position, the Credit Union shall mail to all members entitled to vote a notice of the date, time, and place of the meeting at which elections will occur. The notice will be accompanied by a list of persons nominated for vacancies and the terms of office on the Board of Directors. The list shall be accompanied by a statement prepared by each nominee, not to exceed 250 words in length, setting forth the nominee’s qualifications and the reason for the nominee’s candidacy.
 
In order to have a statement included in the mailing, a nominee should submit the statement to the Secretary of the corporation by close of business February 12, 2027, but in any case, not later than midnight, two business days before the mailing.
 
Elections
Elections shall occur by voting at the Annual Meeting using general proxies.
 
Voting of General Proxies
The Board of Directors will vote general proxies on all matters properly presented at the Annual Meeting, including the election of Directors.