Official Heritage Credit Union Board of Directors

Nominee Biographies

Heritage Credit Union’s Board of Directors is built on leadership, dedication, and excellence.

The call for nominations for Heritage Credit Union has

ceased and we have 5 nominees to fill the 5 positions with our board.

This package contains biographies of each of our

Board of Directors.

Important Dates:

April 19th Annual General Meeting

For more information on our AGM, contact Trudy Wells

at 464-7111 or trudy.wells@heritagecu.com

Board of Directors Nominee Biography

Name: John Peach

Why are you applying to be considered for the Heritage Credit Union Board of Directors? At Heritage CU, I have been Board Chair for the past two years and the Vice Chair for three years prior

to that. I have also served on the Audit, Governance, Corporate Social Responsibility, Nomination and

Executive committees. As the Board’s training coordinator, Heritage CU has become recognized as a

leader in Board training and in February 2011, I was pleased to accept, on our Board’s behalf, the 2011

Leadership in Co-operative Governance Award from the Canadian Cooperative Association.

Through my participation with the Credit Union Central of Nova Scotia (now Atlantic Central), I have

become familiar with the challenges that we as a credit union system face and have been an active

participant in working towards solutions to these challenges. I believe the diversity and experience I have

garnered will contribute to the success of Heritage Credit Union as the financial institution of choice for

our members.

What skills, knowledge and experiences do you bring that you believe will contribute to our Board of Directors? I completed the Credit Union Director Achievement (CUDA) program (2005) and also became an

“Accredited Canadian Credit Union Director” through the study and exam process of Dalhousie

University and the Credit Union Institute of Canada (2008).

I would group my competency to be a Director in two categories: technical and behavioural. I have a

strong foundation in the technical competencies such as skills and knowledge required for decision

making, knowledge of Standards of Sound Business and Financial Practices, governance acumen,

knowledge and application of cooperative principles, knowledge of the credit union system and financial

services marketplace, financial literacy, policy development, and in the regulatory environment in which

credit unions operate. My behavioral competencies include experience in change leadership, negotiation

and mediation, CEO performance management, communications, and strategic leadership and direction.

These competencies enhance my ability to add value and contribute to the success of Heritage CU. I

believe that I demonstrate accountability by supporting efforts to manage our growth, budget,

profitability, equity, and through promotion of a philosophy of service excellence. I am delighted to have

been part of this experience for the past few years and would love to have the opportunity to serve for

another term.

Board of Directors Nominee Biography

Why are you applying to be considered for the Heritage Credit Union Board of Directors? I am a strong believer in Heritage Credit Union and enjoy the fact that I am part of

the credit union as a member/owner. I have served on the Board of Directors for the

past three years and have taken all available training as required. Having

previously held many executive volunteer positions such as chairperson, director,

treasurer, and public relations; serving on the board gives me an excellent

opportunity to use my experience and business knowledge to “give back” to the

Credit Union that has supported me.

What skills, knowledge and experiences do you bring that you believe will contribute to our Board of Directors? Serving on the Board for the past 3 years, taking all training required as it became

available, and being actively involved in all board discussions has provided me

with excellent experience and growth. As a successful small business owner, now in

our 18th year, I have learned how to make good business decisions and think

outside of the box. I am a positive, energetic leader who works well under pressure,

and am always eager to learn. Having held the following positions as a volunteer

with different organizations: director, treasurer, founding chairperson, public

relations/media spokesperson; I have dealt with different government bodies,

associations and media outlets (paper, radio, and TV). I bring people skills,

business skills, public speaking, and a wealth of volunteer experience and

knowledge, great self confidence and enthusiasm to the board.

Name: David Borden

Board of Directors Nominee Biography

Why are you applying to be considered for the Heritage Credit Union Board of Directors? I have the desire to participate in the democratic process of the operation of our

credit union, and to have a voice in the policy making decisions. Our credit union

offers all the tools found in the large banks and I want to promote our credit

union as a major alternate to the banks, and to contribute to, and learn from, the

credit union.

What skills, knowledge and experiences do you bring that you believe will contribute to our Board of Directors? I am a founding board member of Arimathea Funeral Co-op in Upper

Musquodoboit. I have served as board member and secretary of the

Musquodoboit Valley Co-op Store. I have 30 years of experience as a small

business owner. I have a willingness to listen to and consider all opinions. I will

bring patience, compassion and empathy to the deliberations of the credit union

board.

Name: Dan McDonald

Board of Directors Nominee Biography

Why are you applying to be considered for the Heritage Credit Union Board of Directors?

I have served two full terms as a member of the board of directors of Heritage

Credit Union. During that time I have come to appreciate the real nature of the

credit union movement and how that movement is capable of improving the lives

of its members and society as a whole. I am proud of the many achievements of

Heritage Credit Union during my time as a board member and believe that I can

make a significant contribution to achieving even greater things should I be

elected to a third term.

What skills, knowledge and experiences do you bring that you believe will contribute to our Board of Directors? My formal training is in law and business. I have found that my education has

served the board well in adding expertise on legal questions that have come up.

I have also served five years as the Board Chair of Capital Health Authority and

the experience of a governance board of that size has served me well in assisting

with credit union issues. I have completed all board training required in order to

serve and have the added advantage of 6 years of experience in putting that

specific training into practice.

Name: Bruce McLaughlin

Board of Directors Nominee Biography

Why are you applying to be considered for the Heritage Credit Union Board of Directors? I am applying because I strongly believe in the credit union system and have been

a member of Heritage Credit Union since 1994. I have been employed in the

credit union system with Credit Union Central of Nova Scotia for 3 years starting

in 1994, was a senior manager with Heritage Credit Union for 6 years, and most

recently a Vice President with CUMIS. I have seen this system from every angle

and have a deep understanding of how credit union’s work and stay successful. I

think I have a perspective that would add value to the Board and as an ardent

supporter of Heritage Credit Union I would have its success as my key objective.

What skills, knowledge and experiences do you bring that you believe will contribute to our Board of Directors? I have a business degree, I have my Fellow/Associate certification from the Credit

Union Institute of Canada, I am a Fellow of the Institute of Canadian Bankers,

and I am also a Certified Financial Planner. That, coupled with many credit union

industry and financial services courses, along with my 17 years working in the

credit union system in Nova Scotia, I believe will add a skill set of value to the

Board. I understand credit unions and the credit union system very well and have

worked in a national role exposing me to credit unions of every size across the

country.

Name: Stephen Richard