QUALIFICATIONS
FirstOntario is a successful financial institution with over $7 billion in assets under management. The credit union regulator, the Financial Services Regulatory Authority of Ontario, requires that qualified members with the necessary experience serve on FirstOntario's Board of Directors.
To qualify to run for election to FirstOntario's Board of Directors, members must be 18 years of age or older, have been a personal member of Saven Financial for the past three years and have both governance and financial literacy experience. You must also meet the qualification requirements outlined in the Credit Unions and Caisses Populaires Act and FirstOntario's By-laws.
All required qualifications will be reviewed during the mandatory information sessions that are being held for interested members.
This year, in addition to governance and financial literacy experience, the Board is seeking candidates with experience in risk management oversight, and information technology governance.