JPS & Partners 2017 Annual Report

Credit Committee Report (Continued)
The following loan categories showed favourable growth
when compared to the previous year:
• Motor vehicle $65.18M
• Mortgage $4.50M
• Whilst, Home Equity declined by $17.65M
Training
In keeping with the Bank of Jamaica Regulations for
financial institutions and to ensure that members of the
Credit Committee remain current and compliant with the
Proceeds of Crime Act (POCA). On November 11, 2017
members of the Credit Committee attended and
participated in the scheduled Anti-Money Laundering
(AML)//Counter Financing of Terrorism (AML)/ (CFT)
training seminar hosted by the Credit Union.
Acknowledgement
The members Credit Committee continues to pledge
their dedication and commitment to the role we play in
helping to build our credit union movement. We are
pleased to have served you our members in helping you
meet your financial need over the past year. We are also
grateful for the confidence you have placed in us.
Thanks to the Board of Directors, Management and Staff
of the JPS & Partners Co-Operative Credit Union for their
continued cooperation during 2017.
I take this opportunity to thanks all members of the
Credit Committee for their continued dedication
throughout 2017.
Diedre Codner Campbell for
Sheryll Brown
Chairman
Pushing you Beyond All Limits!
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JPS & Partners Co-operative Credit Union