Thursday, 8 December 2016
The offices will be closed on
Saturday 24 December 2016,
Tuesday 27 December 2016,
Saturday 31 December 2016
Tuesday 3 January 2017.
The last date for arranging a loan before Christmas is Saturday 17 December 2016, available to be picked on Tuesday 20 December 2016.
Thursday, 4 February 2016
Bute and Cowal Credit Union Ltd.
Twenty-second Annual General Meeting 3rdFebruary 2016
The report covers the year October 2014 – September 2015 and to 19.1.16.
We thank the officers of St. Paul’s Church for once again offering us the use of the Church for our Annual General Meeting. It is greatly appreciated.
During the year the first stages of the implementation of changes to the regulations governing credit unions were introduced. This meant a steep learning curve and a great deal of work for your Board and Staff. The purchase of an app. for our financial software (Custom) means we are able to deal electronically with the reports to our regulators concerning the state of readiness of members’ details in relation to the Financial Services Compensation Scheme.
I am pleased to report we are on top of all this and we are confident we will meet all requirements when they are fully implemented in the current year. However, we need to reinforce our Board for the longer term, and this will be a priority effort in the current year.