Mon Repos Eastern Co-operative Credit Union 1968 Ltd. 46th Annual General Meeting

Page 17

Board of Director’s Report The Directors submit their report for the 2019 financial year. I.

Successful financial year due in part to: a) Drive to increase equity shares, b) Staff training in Credit Risk, and Anti-money Laundering and Compliance, c) Hiring of an

Mr. Dave Charlery President

Mr. Kester Dornelly Vice President

Assistant General Manager and d) Attractive mortgage loans package. II.

Credit life insurance introduced to provide added protection for our loan portfolio.

III.

ATMs

introduced

which

will

allow

members the convenience to access their funds outside of normal banking hours. IV.

Mr. Daniel Jn Baptiste Director

New building to be constructed for the Micoud branch within the coming financial year while plans for eventual expansion to the North are being explored.

V.

All Committees continue to do a remarkable job in the interest of helping to manage this

Ms. Rufina Charlery Treasurer

Mrs. Nigiel Jn Baptiste Assistant Treasurer

Mrs. Cassienne Samuel Secretary

Mrs. Agatha Charlery Assistant Secretary

Credit Union. VI.

Social responsibility is being met in various forms specifically the annual scholarship program

and

support

for

cricket

development in the community.

Page 14


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