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EASTERN CREDIT UNION Annual Report 2018

Conclusion
As we brave the winds of intrinsic and extrinsic factors which confront us on the level of the individual and the
institution, we remain optimistic of the future of this organization. We are faced with rigid regulatory frameworks
which require us to adhere to policy while simultaneously serving our stakeholder - you, the membership.

The year 2018 has proven to have had its challenges, however, we were able to touch thousands of our members’
lives. With over 29,538 loans disbursed for various reasons/purposes, with a dollar value of just over $432.3
million, we are encouraged. Notwithstanding that our expectations were set at the budgeted amount of
$681million, we are better off than most. The Board of Directors, Statutory Committees, Management and Staff
have worked sometimes beyond the call of duty to accomplish this. The Credit Committee wishes to assure the
membership that it continues to be steadfast, vigilant and scrupulous in its deliberations. May God continue to
watch over us all and Eastern Credit Union Co-operative Society for 2019 and beyond.

Sincerely,

Delroy Burris
Chairman, Credit Committee

CREDIT COMMITTEE ATTENDANCE AT MEETINGS
(MAY 2018-MARCH 2019)

Name Pres Abs Exc

1. Mr. Delroy Burris 39 - 2

2. Ms. Shezrae Nesbitt 39 - 2

3. Ms. Mary Thompson 37 - 4
4. Ms. Patricia Ward 30 - 11

5. Ms. Rhona Adams-Arrindell 37 - 4

50 NAVIGATING THE FUTURE TOGETHER