See our CEO explain What an AGM is below:
Credit Unions are owned by their members – the people who save with them and/or borrow from them. They have no other shareholders. As they are the owners, they must have an opportunity at least once a year to receive reports from the directors and managers about how their credit union is doing, and to ask questions and vote on any important matters.
The Credit Union’s President (Chair of the Board of Directors) opens the meeting, welcomes everyone and keeps the meeting on track, working through the items of business (agenda) in turn. Other people – the Chief Executive, other directors and members – have their chance to speak throughout the meeting.
