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Annual General Meeting


The 69th  Annual General Meeting takes place Tuesday April 12, 2022 at 7:30pm.

We invite Members to attend each year in order meet with their Board of Directors and review the highlights of the previous year.  This is a great opportunity to learn more about RCU and ask questions directly to your Board.  Procedures for our virtual AGM and the meeting link are posted below.  Read the 2021 Financial Statements and Reports.


Our AGM takes place on April 12, 2022 at 7:30 PM local time (Pacific DST). 

Please register in advance for this meeting by clicking here or copying the link below into your browser: 

Check Back in March 2023.

After registering, you will receive a confirmation email containing information about joining the meeting.


Three virtual AGMs have proven successful with many efficiencies built in. RevCU will be using the Zoom digital meeting platform so you can attend from wherever you like.  For more information regarding privacy and security please consult the information in the drop down container below.

The safety of your personal information is important to us. During virtual meetings and events we use the Zoom platform. Zoom has enhanced security features to ensure meetings are secure.

Complex Meeting IDs
Eleven digit unique meeting IDs are now in place. Meeting IDs are also removed from the content sharing window to prevent accidental sharing of meeting information.

Passwords & Password Complexity
Meeting passwords are now more complex and enabled by default for most customers, including all Basic, single-license Pro, and K-12 customers.Account owners and admins can also lock password settings, to require passwords for all meetings and webinars on their account.

Meeting Registration
Registration for meetings requires participants to register with their name and email; those registrants will then be verified by group admin using the approved attendee list.

Meeting Authentication
New features allow entry to only authenticated users, and the ability to restrict entry to specific email domains. Each registered participant will receive a unique meeting ID link and for this reason, participants are asked to not share their link publically.

Join by Domain
Only authenticated users can join meetings; this requires individuals to sign into a zoom account and/or ensure their e-mail address is on an approved list before allowing them to join.

Information obtained from Zoom at 

  1. The Annual General Meeting will be conducted in accordance with the Electronic Attendance at Credit Union Meetings (COVID-19) Order of the Minister of Public Safety and Solicitor General (Ministerial Order No. M138) and, to the extent not inconsistent therewith, the Credit Union Incorporation Act, the Rules of Revelstoke Credit Union, and Robert’s Rules of Order, Newly Revised.
  2. The meeting shall be held solely by such electronic means as are made available by the Credit Union.
  3. Voting will be conducted by online polling or such other electronic means as may be determined by the Chairperson.
  4. Each Member shall be entitled to one vote.
  5. After a vote at a meeting is taken, a declaration of the Chairperson that a motion or resolution has been carried by the requisite majority shall be conclusive.
  6. Reports shall be presented at the time indicated on the Agenda without a motion that they “be received” either before or after the presentation to the meeting.
  7. The Chairperson shall instruct the Recording Secretary to record in the minutes the fact of the presentation of the Agenda, Minutes, and Rules of Order with the pre-meeting information package.
  8. The Annual General Meeting is for the purpose of transacting the business of the general membership of the Credit Union. Issues of a personal nature will not be debated but may be referred to the appropriate officers or staff.
  9. No person may photograph, record or film the proceedings of the meeting by use of any camera or other electronic device, without the permission of the Chairperson or the consent of the meeting.

68th Annual Meeting Minutes – 2020 Fiscal Year


Call to Order

The 68th Annual General Meeting of Revelstoke Credit Union was held virtually via Zoom broadcasting from the Revelstoke Credit Union Boardroom on Tuesday, April 22nd, 2021.

Chair Alan Chell called the meeting to order at 7:30 p.m.

Ascertainment of Quorum

A total of 80 Members and 9 Non-Members were in attendance.

Chair Alan Chell welcomed everyone and introduced himself, and the Head Table as noted below.

Auditor David Adams
Chief Executive Officer Roberta Bobicki
Parliamentarian Robert Lundberg
Recording Secretary Erin Russell


 Roberta introduced the Management team.


Appointment of Recording Secretary and Parliamentarian

Moved by David Raven and seconded by Roberta Bobicki to appoint Erin Russell as Recording Secretary and Robert Lundberg as Parliamentarian. 


Adoption of the Agenda

Agenda and Rules of Order were provided on our website as part of our pre-meeting package.

Moved by David Raven and Seconded by Roberta Bobicki to adopt the Agenda and Rules of Order as presented.



Minutes of the Last Annual General Meeting

The Minutes of the last Annual General Meeting were provided on our website as part of our pre-meeting package and were reviewed by the members and approved as presented.

Moved by David Raven and Seconded by Roberta Bobicki to adopt the Minutes of the last Annual General Meeting of June 2020 as presented.  


Business Arising From These Minutes



Report of the Board

Chair, Alan Chell, introduced the Directors. Alan is proud of how we responded to the challenges faced during the pandemic. We rushed to support the community by funding protective equipment for the hospital and the making of hand sanitizer locally. We were able to respond to the ever-changing situation while still providing exceptional service to our members and protecting our staff. While facing lower interest rates, increased regulatory and reporting standards we remained a model for what an independent community credit union should look like. We have now reached $240M in assets, have a very healthy residential and commercial loan portfolio and our two subsidiaries, Insurance and Wealth Management are an important part of our business model. 

Alan welcomed our new CEO, Michelle Hardy who has been with RCU for 15 years. Alan noted that May 1st marks Roberta’s retirement as our CEO and credited her with the majority of our success. Her leadership since 2007 has resulted in almost a doubling of our assets while meeting or exceeding all performance standards. There is no one that knows more about the Credit Union system or cares more about their values and our community than Roberta. Alan thanked Roberta for everything she has accomplished during her career and wished her a well-deserved retirement. 

Report of the CEO


This marked the 40th consecutive AGM that Roberta has attended and will also be her last as CEO of RCU. In spite of the challenges of 2020, RCU fared very well in continuing to provide exceptional service to our Members, in keeping staff and the public safe all while performing well financially. Roberta thanked the Staff, Directors, and Members for their trust and support over the years. She will be leaving knowing that RCU is in good shape financially with a positive working culture, a membership that receives the highest service levels, and a community that has felt the impact of our support over the years. Roberta is happy to be passing the torch on to Michelle Hardy and watching the continued success of RCU.


Presentation of Financial Statements / Report of the Auditor

David Adams presented the auditor’s report, the scope of the audit, and a slideshow comparing assets, liabilities, income and expenses, as well as allocation of earnings over the past five years. He noted that delinquency was low and that assets have risen significantly over the past few years. David further explained how profits were distributed.

Approval of Auditor’s Report


Moved by John Teed and seconded by Jamie Hobgood that we approve the Auditor’s Report. 



Appointment of an Auditor

Moved by John Teed and seconded by Jaamie Hobgood that we appoint Adams Wooley as our Auditors for the next fiscal year, and that the Board of Directors be authorized to set the fees.  



Unfinished Business


New Business – Ordinary Resolution



Election Results

Bruce Granstrom congratulated Pamela Doyle on being re-elected to a 3 year term, and Michael Speerbrecker, and Angus Woodman on being newly elected by acclamation. Our nomination process was conducted by our Nominating Committee in accordance with our rules. Bruce thanked outgoing Directors Michael Copperthwaite, and Janis Borden for their service over the years and then gave the newly elected and outgoing Directors a chance to speak.

Community Giving

Alan Chell reviewed our Capital Giving and Community Giving projects that received $100,000 in funding. Member Rewards were paid out in March totaling $150,000. 

Door Prizes

Chair Alan Chell thanked everyone for coming, and asked Barb Tetrault to make the draw for our $100 Gift Card to a local restaurant. The winner was Laura Stovel.



Alan thanked the staff at Revelstoke Credit Union for organizing our second successful Virtual AGM and presented Roberta with a bouquet thanking her for her years of service and immeasurable contribution to Revelstoke Credit Union.   

Moved by Roberta Bobicki and Seconded by Jamie Hobgood to adjourn the meeting at 8:07 p.m.          



Respectfully submitted,
Erin Russell, 

Recording Secretary


Agenda for the 69th AGM - April 12, 2022

  1. Call to Order
  2. Ascertainment of Quorum
  3. Appointment of Parliamentarian and Recording Secretary
  4. Adoption of Agenda
  5. Approval of Last Year's Minutes
  6. Business Arising out of the minutes
  7. Report of the Board
  8. Report of the CEO
  9. Presentation of Financial Statements
  10. Report of the Auditor
  11. Approval of Auditor's Report and Appointment of Auditor
  12. Unfinished Business
  13. New Business
  14. Election Results
  15. Community Giving
  16. Adjournment

About RevCU

Revelstoke Credit Union is a member-owned financial institution with nearly 5,000 members. We have been providing services to the community of Revelstoke since 1953. We offer a full range of products and services including commercial lending, wealth management, and life insurance (through RCU Insurance Services Ltd.) Revelstoke Credit Union is a "Community Partner" committed to contributing to the economic, cultural and social well-being of our community.

Revelstoke Credit Union is open to anyone looking for a more personal way of handling their financial affairs. We invite you to experience the Revelstoke Credit Union difference today!