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Updated 240313 CJS
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
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.
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.