The National Cooperative Credit Union Limited held its 13th Annual General Meeting held on Tuesday June 27th,2023. Outgoing President of the Board of Directors Mr. Euan James spoke to the performance, challenges and plans of the NCCU. 2022 was a year of insight for the NCCU as the launch of new products helped to catapult the institution into a remarkable $4.6 million net surplus. Other major highlights for the year included:
- 51,000 members
- 39 Volunteers
- 172 Staff
- $30 million Loans Growth
- $740 Million in Assets
The full review of the institutions performance and highlights can be found in the 13th Annual Report https://tinyurl.com/yuyh725k
The NCCU Board of Directors and the Committees each consists of no more than thirteen (13) members who are elected at the annual general meeting. After a joint committee meeting the following outcome was decided:
I seeing some faces there that have ABSOLUTELY NO experience in finance. I seeing some faces there that are clear operatives of the DLP, in addition to their complete lack of experience in finance, business management operations or just overall experience. I am here wondering how the hell do i get appointed to one of these boards because it seems like they just taking any cat and dog. For example Louis Hill is the President of the Board of DOWASCO. Granted he can bobol with his mouth, and was a senator in the USVI until he had to leave for “whatever reason”, i still wonder how he end up on their board far less being President. Back to credit union, awa wi it looking like jobs for the boys.
Just another who is who of DLP/Skerrit supporters. How disgusting.