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EASTERN CREDIT UNION Annual Report 2018
EASTERN CREDIT UNION Annual Report 2018

President’s Message

ur Regulator - Members of the office of the
OCommissioner of Co-operative Development
(CCD): our National Bodies: the Co-operative Credit
Union League of Trinidad and Tobago (CCULTT)
Directors, Directors of the Association of Co-operative
Credit Union Presidents of Trinidad and Tobago
(ACCUPTT), and directors of the Central Finance
Facility (CFF); our credit union brothers and sisters
who support us; our specially invited guests and
of course our members, inclusive of three Group
Executive Managers who recently acquired their
International Credit Union Development Education
(ICUDE) designations, and whose efforts have once
again placed us in a position of pride amongst our
th
peers; welcome to Eastern Credit Union’s 45 AGM
where you will discover that once again we have been
successful in the management of our collective affairs.

There continues to be challenges brought on by the
current state of the economy, but challenges can
be overcome with collaboration. We are extremely
pleased to report to you that despite everything, we
have been able to satisfy our auditors that we have
complied with all the required standards and therefore
our 2018 audited accounts are unqualified. You would
recall that in 2016 and 2017 we received qualified
accounts as a result of our IT system failure. I am happy
to advise that these matters have been resolved
satisfactorily and we are ready to face the future much
stronger today. We thank our management and staff
for their continued efforts and also advise that we
have settled the outstanding agreements between
our organization and the union with respect to
improved terms and conditions of employment... We
continue to collaborate with others in our business
and together we continue to improve.

4 NAVIGATING THE FUTURE TOGETHER