CREDUT UNION REPORT 2013.pdf April 2013 | Page 2

Tied to our vision, anchored by our values, building on our strengths

GPSCCU Annual Report 2013

Table Of

Contents
Standing Orders 2
Notice of Meeting 5
Corporate Information 6
Operating Highlights

12

President’s Message 14
Board of Directors’ Report 18
Credit Committee’s Report 35
Supervisory & Compliance Committee’s Report

39

Nominating Committee’s Report 43
Treasurer’s Report 46
Pearls Ratios 51
Auditors’ Report 54
Budgeted Statement of Financial Position

83

Budgeted Statement of Comprehensive Income

84

Capital Budget 85
Resolutions 86
Minutes of AGM 2012 90
Nominees 101