Board accountability

At BlueShore Financial, we recognize the importance of adhering to high corporate governance standards.

Directors are expected to act in a manner that protects and enhances the value of the credit union in the interest of all members. Each Director is responsible for exercising independent judgment, with honesty and integrity, while adhering to Board policies and procedures, statutory and regulatory compliance requirements.

Finding the right people is a key responsibility of the Nomination & Election Committee of the Board; a clearly defined set of criteria, including diversity considerations, is used when considering potential candidates.

In broad terms, the Board of Directors is responsible for overseeing the direction of BlueShore Financial, in keeping with the credit union's rules. While retaining oversight responsibility, the Board delegates responsibility for management of the credit union to the President and CEO.

The Board of Directors consists of nine Directors. Directors are elected for three year terms. For the purposes of ongoing renewal, the term of office of three Directors expires each year.

Board nominations: choosing the best people

The Nominations & Election Committee of the Board takes a proactive role in determining the skills, strengths, and qualifications needed to serve on BlueShore Financial’s Board.

The process starts by reviewing the general qualifications for a strong board member and determining any gaps within the Board that may exist in specific areas of expertise, or in diversity. Directors are expected to bring to the Board a broad range of knowledge and depth of experience, support the values of the Credit Union, and have fundamental understanding of their role and responsibility to the Credit Union. 

The general qualifications and specific qualifications desired for the upcoming election year are communicated in the Nominations and Election Guidelines annually. Good board governance requires continuity, and this is also a consideration each year. Candidates must have the ability to meet the time commitment required of an active and engaged Director (on average 40 hours per quarter).

Candidates may be interviewed to determine their motivation and competencies, and are rated against the required qualifications. Each year members are provided with information about the candidates, including their own written statements and a summary of their background information.

2024 Call for Nominations to the Board of Directors

BlueShore Financial will be seeking nominations of qualified candidates for the Board of Directors. The Call for Nominations period will remain open from Saturday, October 14, 2023 through to 5:00pm on Friday, November 10, 2023.


Of the nine director positions at BlueShore Financial, there are three vacancies for 2024, each for three-year terms.

Nominees must be members in good standing of BlueShore Financial as at the Close of Nominations. Therefore, nominees for 2024 must have held the requisite number of Class A Membership Shares and not be more than sixty (60) days delinquent in any obligation to the Credit Union as at 5:00pm on Friday, November 10, 2023. 

In addition, nominees need to possess a significant part of the "Specific and General Qualifications" as shown in the 2024 Nominations and Election Guidelines, which will be available at the opening of the Call for Nominations on Saturday, October 14, 2023.

Voting will be conducted by ballot in the Spring of 2024, with the successful candidates announced at the Annual General Meeting in late April 2024.

If you are interested in learning more about what’s involved in becoming a BlueShore Director, you may review the 2023 Nominations and Election Guidelines  package for reference with the knowledge there will be a revised package for 2024.

If you require further information, please contact:

Governance Department
BlueShore Financial
Direct Telephone: 604.983.4532

Elections & AGM

Attending our Annual General Meeting is always a great way to learn more about your credit union and hear from your Board of Directors and Executive Leadership Team. Hear about BlueShore Financial’s achievements during the past year, changes made to support and better meet the needs of our members, and future plans for growth and enhanced services.

Clients meeting with their financial advisor

Join us at BlueShore's 2024 AGM

The 2024 BlueShore Financial AGM will be held virtually in late  April 2024. Unique member login credentials and instructions will be mailed or emailed a month prior. 

Guests will be welcome.


View The 2023 AGM Page
BlueShore Financial, Financial Advisor, Josh Firovento

Josh Fiorvento

Financial Advisor

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