Shares and Dues
2023-24 Dues
Effective April 1, 2023 to March 31, 2024
Co-operatives
Sales |
Dues |
# of Delegates |
Shares |
| ≤$1M | $150 | 1 | $10 |
| $1M – $20M | $700 | 1 | $10 |
| $20M – $30M | $1,300 | 1 | $10 |
| $30M – $40M | $2,600 | 1 | $10 |
| $40M – $50M | $3,260 | 1 | $10 |
| $50M – $100M | $4,560 | 1 | $10 |
| $100M – $150M | $6,500 | 2 | $100 |
| >$150M | $13,000 | 3 | $250 |
| $5,300 – $10,600 | 2 | $100 | |
| Federations & National Co-ops |
$10,600-$21,200 | 3 | $250 |
| $21,200-$26,500 | 4 | $250 | |
| Sustaining Members | $26,500 | 5 | $1,000 |
Credit Unions
Assets |
Dues |
# of Delegates |
Shares |
| <$50M | $700 | 1 | $10 |
| $50M – $100M | $1,300 | 1 | $10 |
| $100M – $250M | $2,600 | 1 | $10 |
| $250M – $500M | $3,260 | 1 | $10 |
| $500M – $1B | $4,560 | 1 | $10 |
| $1B – $7B | $6,500 | 2 | $100 |
| >$7B | $13,000 | 3 | $250 |
| Sustaining Members | $26,500 | 5 | $1,000 |
In March 2015 a new Class C Sustaining Membership category was added for Class A members paying over $25,000 in dues. Any Class A member can elect to become a Class C member by increasing their dues to that level. Class C Sustaining Members are eligible for a designated seat on the BCCA Board of Directors in accordance with BCCA’s revised Rules, also adopted in March, 2015.
Rules in Brief
Delegates
Members must appoint one Delegate and may appoint an Alternate Delegate at their option. Only Delegates and Alternate Delegates may wield a member’s voting rights.
Board of Directors
- The BCCA Board normally consists of 7 directors that are either elected or appointed by the members.
- Six of the directors are always elected from within the membership. The members may also appoint a BC-based director of the Co-ops and Mutuals Canada (CMC) to an optional seventh position.
- Elected Directors sit for two-year terms that are staggered equally. This means our members elect or re-elect three directors to the Board at every Annual General Meeting.
- The directorship of an appointed CMC director lasts for one-year, is renewable, and is made by way of a normal resolution at a BCCA Annual General Meeting.
- No more than two of the directors can be Delegates of Class B Members.
Meetings of Members
BCCA must hold its Annual General Meeting prior to the end of July. In practice, the BCCA AGM is normally held in June. In addition, at least two other Members’ Meetings must be held during the year, though the Board of Directors may call additional meetings if it so chooses.
Not-for-Profit Dissolution Clause
BCCA has incorporated as a not-for-profit organization. In the event of dissolution or winding up, the assets of BCCA, after payment of all debts and expenses and reimbursement of share capital to Members, must be transferred to a co-operative, credit union or charity with similar or complementary purposes.
