Michael Mathieson
BOARD CHAIR
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Serving on a board of directors can be deeply fulfilling due to the opportunity to influence an organization’s direction, collaborate with talented individuals, and experience personal and professional growth. The role also provides a chance to give back to the community or industry, build valuable relationships, and mentor future leaders. These aspects collectively contribute to a sense of purpose and accomplishment for many board members.
Luminus' board is one that it's not afraid to ask hard questions and to keep pushing for appropriate answers. As a board, we are working to improve our on boarding process and to assist new directors so they do not feel overwhelmed.
It’s a team where every voice is valued, ideas are encouraged, and friendships are built along the way. Whether you’re sharing your expertise or learning from others, you’ll find a welcoming space where you can grow, contribute, and help shape the future of Luminus Financial.
Note to Members: We had three positions available which have been filled by three nominees which will be acclaimed to the board at our AGM.
To be eligible for nomination, candidates must:
While financial literacy is valuable, training is provided to help Directors understand financial statements and governance responsibilities.
Whether you have previous board member experience or not, we're here to support you. All new board members will be given governance training to help get you up to speed with credit union governance practices, expectations, and outcomes.
| Meeting Type | Frequency | Duration |
|---|---|---|
| Board Meetings | Monthly | 3 hours |
| Audit Committee | 4 times/year | 2 hours |
| Governance Committee | 6 times/year | 2 hours |
| Nominations Committee | 3 times/year | 1 hour |
| Annual General Meeting | 1 time/year | 2 hours |
| Strategic Planning Session | 1 time/year | 2 days |
The Nominations Committee will review applications based on:
No, campaigning is not permitted by the Board. Candidate profiles will be presented to the membership by Luminus Financial.
Each Director serves a three-year term, with a maximum of eight consecutive terms.
For any questions about the nomination process, please reach out to the Nominations Committee at:
📧 Email: nominations@luminusfinancial.com
📍 Office: Luminus Financial
Dear Members: In connection with the audit of the financial statements of Luminus Financial Services & Credit Union as at December 31, 2025 and for the year then ended, please review your statement. If it does not agree with your records, please report any differences directly to our auditors, MNP LLP: Bryn Hafer, bryn.hafer@mnp.ca, (416) 617-3074.
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