Saturday, January 16th at 10:30am is our second virtual Town Hall meeting. We want to hear from our members your thoughts about CCEC’s future and the upcoming Annual General Meeting (AGM).
At our AGM on February 4, 2021, we will be reporting healthy earnings in the year ending September 2020. However, our long term financial planning indicates we will face challenges The credit union sector is facing enormous pressure with ever increasing regulatory requirements, rising costs and low margins resulting from historically low interest rates. Across the province, over 25% of credit unions are currently considering a merger or acquisition. We want to share with you the informal conversations we have had with other credit union boards on their challenges and opportunities.
Please RSVP to Joanne to attend the Town Hall and the AGM. Join the conversation, hear what other members have to say and have your voice heard. A zoom link will be sent closer to the date.