The Board shall exercise all the powers of the Credit Union except those reserved to the General Meeting of the members. As established in the Credit Union’s Bye-Laws, the roles and responsibilities include:
- To decide upon applications for membership, suspension or
expulsion of members.
- To appoint an Education Committee in accordance with Bye-Law 21 (a) (i) and any other committee the Board may deem necessary from time to time.
- To formulate policies
- To determine the rate of interest on loans.