The Corporation is governed by a board of directors that consists of:
• the deputy minister, or the nominee of the deputy minister, of the ministry presided over by the minister (currently Ministry of Justice and Attorney General)
• the Deputy Minister of Finance or the nominee of the Deputy Minister of Finance
• five individuals appointed by the selection committee
Members of the board work together to ensure that deposits held in credit unions are safe and secure. The board also supports a strong provincial credit union system.