GPSCCU Annual Report 2013
Supervisory Committee:
Chairman & Secretary:
$350/ per month
Other Members $300/month
Credit Committee:
All Members
Chairman and Secretary
5.
$75.00 Per Meeting
$60.00 per month additional
RESOULTION FOR MERGERS & AMALGAMATION
Whereas the strategy of mergers and consolidation has been approved by the National League as part of the strategic plan
and direction for the Grenada Credit Union Sector,
And whereas the Public Service Credit Union, having the largest asset base of all credit unions on the island, is committed to
the development and growth of the sector,
And whereas it has held discussions with some credit unions who have indicated an interest in merging their assets, liabilities
and membership with those of the GPSCCU,
And Whereas the GPSCCU has identified other credit union, with which discussions can be held with a view to possible merger
or amalgamation,
BE IT R ESOLVED
That the Grenada Public Service Credit Union is authorized to proceed with any merger or amalgamation that it has finalized
with any other credit union.
6.
88
RESOLUTION FOR EXPANSION OF BOND
Whereas in 1989 the CARICOM Single Market and Economy (CSME) was established to deepen the integration movement and
to better respond to the challenges and opportunities presented by globalization,
And whereas a key component of this integration is to provide free movement of capital, skilled labour and the freedom to
establish enterprises anywhere in the Community,
And whereas the CSME agreement provides for national treatment of CARICOM nationals throughout the economic space,
And whereas the GPSCCU’s current bond is limited to Grenadian nationals and such contradicts the spirit of the CSME.
BE IT RESOLVED
That the GPSCCU open its bond to accept members from CARICOM nationals.