The Insurance Employees Co-Operative Credit Union Limited Annual General Meeting

Nov 24 2020 - 2:00pm
Event Type: 

The 44th Annual General Meeting of The Insurance Employees Co-operative Credit Union Ltd will be held on Tuesday, November 24, 2020, at The Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5.

Registration begins at 2:00p.m. The meeting is being convened for the following purposes:

1. To read and consider the relevant reports

2. To consider and decide on the following proposed Rule Changes:

a.21. All disbursements shall be made by cheque or other electronic means authorized by two signatories duly authorized by the Board of Directors; provided the Board shall from time to time set a maximum which may be disbursed.

b.27. No Officer, member of the Board of Directors or member of the Credit or Supervisory Committee, shall be allowed to borrow from the Society in a total amount in excess of his voluntary shares, deposits and accumulated earnings unless approved by Three-fourths majority decision of a meeting at which is present at least a quorum of the Credit Committee together with at least one (1) member from the Board of Directors and Supervisory Committee. The borrowing member shall not be allowed to take part in the meeting.

3. To elect Officers for the year 2020-2021.

Members 65 Years and older and those with underlying conditions should not attend. The 2019 Financials & Reports can be viewed at Booklets will not be printed. Please view on your devices

The Insurance Employees Co-operative Credit Union
Knutsford Hotel 16 Chelsea Avenue, New Kingston