1% dividend approved – and other highlights from our AGM

We’re once again pleased to announce a member dividend payment at 1%, following approval at our AGM on Friday 14th February.

The dividend payment has now been posted to all eligible members accounts.

You can check your account balance and dividend payment on our online member access area at: https://secure.co-operativecreditunion.coop/

Not yet registered for online access to your account? simply click on the ‘register’ tab on the link above to get started.

AGM highlights:

  • 1% dividend approved by members following the presentation of the treasurer’s report.

  • We welcomed Matt Bland as our new Chief Executive Officer – Read our blog post here for more details of Matt’s appointment.

  • Claire Dalton, David Dickman, David Fawell, John Rudd and Robin Webster were re-elected to the Board of Directors.

  • The Graham Southall Award was presented to Carol Parkes and Andy Reich for their volunteering work, as we took a moment to remember Graham who sadly passed away in October last year. Read our blog post here on the award.

Some highlights from the last financial year:

  • We issued 2,348 loans, with a total value of £2.2million

  • Membership has grown by 296 to 8,578

  • Loans granted to members in the past year have ranged from £50 to £17,400.

  • We continue to have strong liquidity and invite members to consider us for their loan requirements and to recommend us to family and colleagues who may be interested in taking out a loan with us.

Copies of the AGM Papers are available to download below:

2020 AGM Pack with Chair’s Report, Chief Executive Officers Report and Operations Manager’s Report

Treasurer’s report and accounts

Matt Bland (Centre) pictured with Credit Union Directors at Friday’s AGM