At last night’s meeting the Board considered a number of polices and papers including that of the forecasted dividend rates for the quarter ended 30th June 2017. Considering the growth in the loan book vis-à-vis the growth in savings and our strategy in respect of increasing our capital to assets ratio we decided to leave forecasted rates unchanged, so the standard dividend rate remains at 0.25%.
We also considered our forthcoming strategy day and the issues which we wish to address. In that respect, we would welcome any member input as to products, services, etc. you would like to see us offer – simply reply to this post and we will gather your thoughts for consideration.
Finally, the Board would like to thank Carol McDowall who has stepped down as a director after 18 months service due to work commitments. Carol’s input to the credit union was most appreciated and we wish her well.
