Neil John Evans, 57, has been charged after allegedly using the information from 499 WAW customers to vote in a 2015 board election.

WAW had referred customers to Evans’ company, Neil Evans Financial Services Pty Ltd. 

Timothy Frazer was one of two people elected to the board, along with David Iverson.

The Australian Securities and Investments Commission alleges that without the votes cast by Evans, Mr Frazer would not have been elected.

ASIC does not allege anyone else was involved in the unauthorised voting.

The elections were conducted between November 4 and 18 in 2015.

The voting took place electronically, with members using their personal details to access an online portal and cast votes.

Evans had allegedly sourced the customers’ details for marketing purposes for his financial planning business.

Four candidates ran for the two vacant board positions.

It was not clear which of the other two candidates had missed out as a result of the alleged unauthorised voting.

The matter has been listed for a plea hearing before the Melbourne Magistrates Court on July 5.

According to an online profile, Evans has provided financial advice since the early 1990s. 

He is a member of the Financial Planning Association and has been the Albury-Wodonga chapter treasurer for more than a decade. 

It states online that “many WAW Credit Union members and staff have benefited from the professional advice that they have received from one of our professional advisers".

Mr Evans said it was an ongoing matter and he was unsure if he could comment on proceedings. 

WAW chief executive Michael Mack said the credit union had ceased all referrals to Evans.

“It goes without saying that we are extremely disappointed by what has taken place here,” he said.

“We are doing everything we can to assist ASIC with the investigation and associated processes.

“Our priority is to ensure that our customers and stakeholders are supported at this time.”