Any member wishing to place his or her name on the ballot may do so by submitting a petition to the Secretary of the Board of Directors. Only members who hold a valid security clearance from Tower’s original sponsoring organization at the time the petition is submitted are eligible to be placed on the ballot. A notarized letter signed by the petitioner, which includes a statement that he or she currently holds the required security clearance and the latest indoctrination date thereof, must accompany each petition.
The petition must be signed by at least 500 Tower members who are not prohibited by law from participating in the conduct of the affairs of Tower and must include all of the following information for each member signing the petition: (i) his or her printed name as shown in Tower’s account records; (ii) his or her address as shown in Tower’s account records; and (iii) his or her phone number as shown in Tower’s account records. A signature on the petition will be valid only if it matches the signature in Tower’s possession for purposes of account transactions. A member may sign the petition once.
Petitions must be postmarked by March 1, 2019, and sent by certified mail to:
Tower Federal Credit Union
Secretary, Board of Directors
P.O. Box 123
Annapolis Junction, MD 20701-0123
Editor’s Note: You may have received a previous notice from Tower that there will be a Board of Directors’ election in April. At this time, we do not expect to hold an election in 2019. The reason for this change is that one of the candidates has decided not to run for re-election, and so now the number of open spots on the Board (3) equals the number of candidates.