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Updated  240313 CJS

Supervisory Committee

 

The purpose of the Supervisory Committee is to ensure that the Credit Union operates within the law, its rules and policies, and in the best interests of its members. This includes the effectiveness of its control systems.

 

The Supervisory Committee shall be responsible for ensuring that the internal audit function is performed in accordance with prescribed terms of reference. The Supervisory Committee shall be responsible for submitting reports to the Board.

 

Members are able to contact the Supervisory Committee confidentially, either by email, click here   or by sending a confidential letter to The  Supervisory Committee, South Manchester Credit Union, PO Box 262, Manchester, M20 6XL

   

 

 

 

                                        

Credit Committee

 

The Credit Committee is responsible for monitoring the credit union’s loan business, loan assessment and making recommendations on policy changes to the Loan and Credit Control Policies for agreement by the Board.

 

 

Management

Annual General Meeting

 

The 2012 AGM was on 26th March at Inspire Centre

Board of Directors

 

The Credit Union is managed by a Board of Directors who are elected at the Annual General meeting. Each director is elected for a 3 year term, after which they are eligible for re-election.

 

At its first meeting after the AGM the board elects principal officers: Chair, Vice Chair, Secretary and Treasurer.

 

The Board of Directors meets monthly.