The Board of Directors is elected annually at the Annual General Meeting (AGM). The Board of Directors comprise nine (9) members. Each member serves a three-year term of office. The Board is entrusted with the general management of the affairs of the Credit Union. The Board determines policy, rates of interest on loans, savings and deposit account. At the Annual General Meeting (AGM) the Board reports annually to the membership on their stewardship over the last year. Dividend and interest rebates are also recommended at the Annual General Meeting (AGM).
The Board of Directors engage in proactive planning for the Credit Union’s growth and development. Each year the Board appoints an Education Committee responsible for designing development programmes for the benefit of members.
The future of the Credit Union is dependent on the quality of the Directors elected at the AGM. A keen business sense, the willingness to serve voluntarily, the ability to work hard, and competence in handling the Credit Union affairs are some of the qualities to be a Director. It pays to elect Directors carefully.
The Executive, which comprises the President, Vice-President, Treasurer and Secretary are elected by and from among the directors at the first Board meeting after the AGM.
Our Credit Union always puts its members first. We’re here to improve our member’s financial status.
