Celebrating another year of success!
It’s a big day for our members, yes you guessed right… it’s the day of our Annual General Meeting. All members are welcome to attend our AGM’s, but for those who couldn’t make it, here is a roundup of the meeting.
- We grew by 1,701 members, making our total membership stand at 33,054 at year end.
- We increased our unsecured loan book by £8.3 million, through helping our members with clear and fair loan products.
- We made an operating surplus of £2.7 million, which is up from £2.5 million in the previous financial year.
We can proudly announce this year’s dividend rates, which will be paid directly into your Credit Union account tomorrow:
- Member Account – 1.5%
- Junior Account – 1.5%
- Notice Plus Account – 2% (closed to new applicants)
The dividend is paid to members who have saved with us between 1st October 2017 to 30th September 2018. The dividend rates reflect the strong position of the Credit Union at the end of year.
What our Chief Executive Officer had to say:
“Our mission to become the best credit union in the UK continues, with our accounts showing confidence in our stride. This mission will continue as we aim to reach more members each year. Our values are integrated in our daily activities, with our staff understanding the core purpose of a credit union – a place for people to help people.”
We would like to take this opportunity to say thank you for your continued support and loyalty to No1 CopperPot Credit Union. We look forward to another year of success.