2021 Annual Meeting, Board Nominations, and Elections

Information regarding 2021’s Annual Meeting, board nominations, and elections

Date & Time of Annual Meeting

Due to the COVID-19 pandemic, we have decided to move this meeting from February of 2021 to: 

Wednesday, September 29th, 2021, at 5:00 pm
How the Election and Annual Meeting Work

The election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. If only one member is nominated for each position to be filled, the Chairman will declare each nominee elected by acclamation at the Annual Meeting, which will be held on Wednesday, September 29, 2021, at 5:00 pm. All members are welcome to attend, however, due to the current COVID-19 pandemic, further details of how the meeting will be conducted are still to be announced. Please check back for further updates.


The Nomination-Election Committee, which is appointed each year by the Board of Directors, has nominated the following incumbent for a 3-year Board position:


From 1998 until his retirement in 2015, Mark served as the Treasurer and Tax Collector, and County Counsel, of Los Angeles County. He has a legal background and extensive experience in finance, investments, and treasury-related issues. Mark received his BS with high honors from the University of Illinois, and his JD from New York University.  He has served on the Board of Directors of LA Financial since 2013 and is a member of the Asset Liability Committee. 

Voting Procedures & Deadlines

Any member in good standing may nominate another member in good standing for a Board position. The necessary petition and certification forms can be obtained from the Secretary of the Credit Union. Please email lmaywood@lafinancial.org to secure a form.

The certification form must be signed by the nominee, indicating willingness to serve if elected. A brief statement of the petitioner’s qualifications and biographical information must accompany the certification form.

The petition must be signed by no less than 1% of the membership (283 members in good standing). Nominating petitions, certification forms, qualifications and biographical data must be returned to the Secretary of the Credit Union no later than 5:00 pm on August 25, 2021.