Summary of changes in 2017 Model Credit Union Bylaws:
- “Member in good standing” concept removed (Art. III, Sec. 1)
- Expulsion process simplified (Art. III, Sec. 5)
- Electronic voting is now an option (Art. V, Sec. 4)
- “Board Officers” defined (Art. II, Sec. 5 and Art. VI)
- Provisions on Vice Presidents and “officers” clarified (Art. II and Art. VI, Sec. 8)
- Board Officer & credit committee compensation added (Art. V, Sec. 10 and Art. VI, Sec. 9)
- Account withdrawal policy clarified (Art. VIII, Sec. 3)
- Share draft account provisions modernized (Art. VIII, Sec. 7)
- Robert’s Rules options available (Art. XIII, Sec. 3)
- Miscellaneous changes made