AGM Notice: 19th February 2019
All members are invited to attend The Annual General Meeting of The Co-op Credit Union:
Date: Tuesday 19th February 2019
Location: The Auditorium Annexe, 1 Angel Square, Manchester M60 0AG
Time: 12:00 – 1.30pm.
Light lunch refreshments will be available from 12 o’clock.
If you are planning to attend, an RSVP would be appreciated to assist with catering arrangements – contact us
Please note that the Credit Union Office will be closed from 11.30am – 2pm on the day of the AGM to allow staff to attend the meeting.
Official Notices:
Election Nominations
Members should be aware that they are eligible to stand for election to the Board of Directors or the Credit, or Supervisory Committees. Any nominations will be considered by the Nominations Committee of the Co-operative Credit Union Board. Nomination forms can be obtained by contacting the Credit Union Office and must be returned no later than the 12th February.
Motion
Members in attendance will be asked to vote on the following Motion, regarding a proposed change to Rule 105:
Motion: Change to Rule 105 – Terms of Office
Existing Rule 105
Following the authorisation of the Credit Union, all officers shall retire at the first annual general meeting. At each subsequent annual general meeting one-third of the Officers, or if their number is not a multiple of three then the number nearest to one-third shall retire from office. The officers to retire shall be the Officers who have been longest in office since their last election. Where Officers have held office for the same amount of time the Officer to retire shall be decided by lot. A retiring Officer shall be eligible for re-election.
Proposed Rule 105
Following the authorisation of the Credit Union, all officers shall retire at the first annual general meeting. At each subsequent annual general meeting one-third of the Officers, or if their number is not a multiple of three then the number nearest to one-third shall retire from office. The officers to retire shall be the Officers who have been longest in office since their last election. Where Officers have held office for the same amount of time the Officer to retire shall be decided by lot. A retiring Officer shall be eligible for re-election.
Terms of Office
Directors of the Board shall normally serve a term of three years, all directors shall retire once three terms of office have been completed (nine years) and must cease directorship for a period of no less than one year.
Existing directors who have completed a nine-year term may serve for re-election for a further three-year term. On completion, the director must retire and cease directorship for a period of no less than one year.
