Dedicated to scrutinizing the governance of our Credit Union, and protecting our

collective wealth from uncooperative self-interest.

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© 2014-2017. Website last updated June 24, 2017.

Democracy Checklist

Other Information Sources (Please let me know if you have something to add.)

Here are my favourites, and other essential reading:

We Want Our Co-ops Back (.pdf) is a comprehensive essay by Mark Latham about governance, democracy, and co-operatives (but not specifically about Coast Capital). His work inspired the Coast Capital Savings Democracy Checklist. Start by reading this overview.

BC Credit Union Futures (.pdf) is an excellent discussion about the goals that we should have for the entire provincial credit union system. Written by Ross Gentleman.

Coast Capital Election Campaign Regulations (2014, annotated) is something you need to read to see how the credit union’s democracy has been gutted.

Blogs and Opinion Articles

Coast Capital Compensation Watch (website, blog, and member comments)

Mark Latham’s blog (filtered for Coast Capital)


2014-05-07 Vancity press release about decision not to expand nationally

2014-03-25 Tom Shandel (Member) – Letter posted online criticizing Coast Capital

2014-02-21 Nick Loenen (Member) – Letter to the Editor criticizing Coast Capital

Response from Bill Wellburn (Chair, Board of Directors, Coast Capital Savings)

Response from Nick Loenen

Press Coverage

2016-11-10 Vancouver Sun – Debate emerges on Coast Capital Savings' plan to go national

2016-10-14 Vancouver Sun – Surrey-based Coast Capital Savings making bid to go national

2014-05-07 Globe and Mail – Vancity credit union decides against expansion outside of B.C.

2014-05-01 Times-Colonist – Credit union votes fail to resolve board pay dispute

2014-04-06 Vancouver Sun – Member revolt aims to pare back Coast Capital board pay

2014-04-03 Times-Colonist – Complex issues face members in credit union vote

Coast Capital Savings Corporate Documents

AGM Booklet (2007, 2014, 2016)

AGM Minutes (2005, 2007, 2008, 2009, 2013)

AGM Registration Package (2009, 2010, 2016)

AGM Videos (various years) (annotated)

Annual Reports (2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009,

                               2010, 2011, 2012, 2013, 2014, 2015)

Credit Union Rules (in effect since 2012)

Director Election - Brochure (2014, 2016)

Director Election - Campaign Regulations (2014, 2015)

Director Election - Candidate Information Package (2014, 2015)

2015-09-15 Submission to provincial FIA/CUIA review

2014 Special Resolutions Booklet (annotated)

2011 Director Attendance Calendar and Remuneration (not included in Annual Report)

Provincial Government Documents

Credit Union Incorporation Act

Credit Union Directors Election Regulation (regarding in-person and mail-in elections)

Credit Union Incorporation Act Regulation (regarding annual disclosure)

Financial Institutions Act

Federal Government Documents

Bank Act

Cooperative Credit Associations Act

Other Information Sources

Mark Latham’s list of resources about co-op reform and democratic reform.

Credit Union Central of Canada’s list of seven co-operative principles

National Center for Member Trust - A group of American credit union supporters working against the unfair conversion of their financial institutions.

Democracy Checklist