Casera By-Laws

Credit union regulations.

Casera believes that the foundation of our success is our people. We take pride in exceeding our members' expectations through personal service and innovative financial solutions.

Every five years, Casera's Board of Directors initiates a review of the credit union's By-Laws. We do this to remove any outdated provisions, make changes that align them with sound governance and current industry practices, and ensure that they comply with The Credit Unions and Caisse Populaires Act.

Due to restrictions caused by the COVID-19 pandemic, the Board undertook the latest evaluation in mid-2020. This review was done with the assistance of legal counsel and completed in September 2020.

As a result of the review, a proposed amendment to add section 5.13 Electronic Meetings to the By-Laws was presented for approval by Casera's membership in a special resolution at the Annual General Meeting (AGM) on September 16, 2020.

The change focuses on allowing and arranging a meeting of the Board or the members of the Credit Union, including attendance or voting at a Board or members' meeting, through telephonic, electronic or other communication facilities ("electronic meetings").

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