Saturday, February, 27th, 2021 in Credit Union News
Enniscorthy Credit Union could not hold its Annual General Meeting in December of 2020. We were prohibited from gathering the required number of people to hold the AGM due to COVID-19 pandemic lock-down restrictions. Legislation has now been passed which will allow us to hold a Virtual AGM – details on how and when we will safely deliver our AGM will be communicated to you as soon as they are finalised.
It is important that Enniscorthy Credit Union continues to make responsible and prudent decisions to further strengthen our credit union. As a result, Enniscorthy Credit Union will not be proposing a dividend or loan interest rebate to its members for the 2020 Financial Year. We understand that not declaring a dividend and interest rebate is disappointing for members, but this action will place us in a better position to deal with the uncertainty of COVID-19 and Brexit going forward. As a designated essential service, we are prioritising strengthening the credit union so we will always be there for our members when they need us.
We know our members value the continued service we provide. At Enniscorthy Credit Union, we can assure our members that we will continue to look after their needs. We also want to take this opportunity to thank all of our members for their loyalty. Working together with our members we will remain a cornerstone of the local community, and weather the current challenges we face.