Special Resolution and How You Can Vote

CVCU members can vote NOW on the proposed merger with Kootenay Savings Credit Union​

VOTING INFORMATION

If you are a customer of CVCU, you are a member and you are invited to vote now on the proposed merger.​

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You can vote online from Friday, November 14th to Friday, November 28th at 11:59pm. You can also vote in-person in the CVCU branch during this same time frame during our regular working hours.

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Each eligible member of CVCU has one vote.

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Business members are not able to vote online but can vote by visiting us in the branch.

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The results of the member vote will be announced in early December.

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Thank you for taking the time to cast your vote. Together, we can bridge opportunity to create a stronger credit union for us all.

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Click here to download a copy of your Member’s Guide to the Proposed Merger.

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Click here to download a copy of the Asset Transfer Agreement between CVCU and KSCU.

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The members of CVCU have the opportunity to vote on the following:

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SPECIAL RESOLUTION OF THE MEMBERS OF COLUMBIA VALLEY CREDIT UNION

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“BE IT RESOLVED, as a special resolution, that the Asset Transfer Agreement between Columbia Valley Credit Union, as the transferring credit union, and Kootenay Savings Credit Union, as the acquiring credit union, under section 16 of the Credit Union Incorporation Act (BC) be and is hereby approved, and accordingly:

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(a)   Columbia Valley Credit Union is hereby

authorized and directed to execute the Asset

Transfer Agreement; and

(b)   the directors of Columbia Valley Credit Union

are hereby authorized and directed to take the steps necessary to complete the transfer of all the rights, property and assets of Columbia Valley Credit Union to Kootenay Savings Credit Union in accordance with the terms and subject to the conditions contained in the Asset Transfer Agreement.”

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