Florida League Proposes New BoardGovernance Structure

TALLAHASSEE, Fla. - (12/15/05) The Florida league is seeking to changethe way its board members are selected. Under a proposed plan, theFCUL Board will eventually be composed of directors chosen based onmembership size rather than geographic location of the creditunion. The FCUL said the proposal is the result of a six-monthreview by the League Governance Task Force. Under the new plan, 12members of the board will be elected from four membershipcategories based upon the membership of the candidate's qualifyingcredit union. A 13th member will continue to be elected on astatewide, at-large basis. The proposed membership categories are:fewer than 5,000 members; 5,000-30,000 members; 30,001-75,000members, and more than 75,000 members.