GPSCCU Annual Report 2013
President’s
Message
Dear Members,
As President, I am honored to address you on behalf of the Board of
Directors of the Grenada Public Service Co-operative Credit Union.
Fellow co-operators, we have just concluded another successful year
of business and I am very happy to report that we made an operating
surplus of $3.1. This I consider to be yet another strong performance
by any measure.
Throughout the past decade, our Credit Union has recorded significant
growth buttressed by strong support by you the members.
Over the last year total assets grew by 10%, loans 14%, deposits 12%
and income 12%. This performance underscored our commitment to
securing your long term financial future by making the right decisions
every time.
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Today we celebrate our success under the theme “Tied to our Vision,
Anchored by our Values, Building on our Strengths” highlighting the
very core of credit union principles.
Governance
We at the Grenada Public Service Co-operative Credit Union pride
ourselves in our commitment to excellent standards of robust
corporate governance and first-class business practices extending
beyond compliance with the regulators. We can now boast of a
model of supervision where each one knows his role and can function
properly without tripping over each other to get the job done. And
you ask what makes us strong? It is our governance structure!