JPS & Partners 2017 Annual Report

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League Delegates Report (Continued) Option 3 • Set up an investment pool, owned by Credit Unions, managed by CUFMC • Balance paid out to Credit Union in cash Presentations were also made on: • The status of the Bank of Jamaica transition plan • IFRS 9 Implementation • Launch of the Credit Union Movement’s Volunteer, Management and staff Development program Caribbean Confederation of Credit Unions (CCCU) The 60th Annual International Convention and 46th Annual General Meeting of the Caribbean Confederation of Credit Unions (CCCU) were held at the Memories Varadera Beach Resort in Varadero, Cuba from June 16- 21, 2017. The theme was: Reflections In closing we express our pride in being associated with the Movement and our gratitude for all the support, the Jamaica Co-operative Credit Union League has provided to us over the years. We look forward to working with the team to achieve excellence in service and creating a Movement that is always ready for change. Finally, we thank you our members for affording us the opportunity to represent them by serving as League Delegates Natalie Sparkes For Delegates and Alternate Delegates “Co-operatives: Reshaping Caribbean Sustainable Development”. The Confederation comprises of 375 organizations in eighteen countries including 15 Cooperatives Bodies. The Hon. Dr. Ralph Gonsalves, Prime Minister of St. Vincent and the Grenadines was the keynote speaker at the convention official opening ceremony. He spoke on the Convention’s theme. The four (4) day convention provided educational and social opportunities for participants to optimize the Co-operative difference. It also provided the opportunity for credit unions to reflect on their successes and to think strategically about the future of the Regional Co-operative Movement. Participants received valuable information from eight (8) General sessions, one (1) Town Hall Meeting and seven (7) breakout sessions which stimulated discussions on topics dealing with how to address the latest issues and strategic goals which will help Credit Unions to progress effectively, and also enhance their own careers. Pushing you Beyond All Limits! 104 JPS & Partners Co-operative Credit Union
Nominating Committee Report Terrence Knight Marcia Lewis The JPS & Partners Nominating Committee was appointed by the Board of Directors in accordance with Rule 65(1) and comprised the following persons: Terrence Knight Allentia Brown Everaldo Foreman Marcia Lewis Marcia Edwards Chairperson Member Member Member Member The committee considered all retiring members from the Board of Directors, Supervisory and Credit Committees and hereby submit nominations for the positions which will become vacant at the 63rd Annual General Meeting. All nominated persons have completed and submitted the required Prospective Board and Statutory Committee Members Questionnaire. The committee wishes to thank all volunteers both returning and those retiring for their invaluable contribution over the years. Members of the Board of Directors Retiring Nominated Term in Office Natalie Sparkes Natalie Sparkes 2 years Dwight Hart Dwight Hart 2 years David Fleming David Fleming 2 years Deborah Campbell Deborah Campbell 2 years Alicia Burnett Alicia Burnett 2 years Clive Segree Clive Segree 1 year Vaughn McDonald Devon Wright 1 year During the year Mr. Richard Palmer had tendered his resignation in 2017. Mr. Clive Segree was elected to serve for the remaining term of one (1) year. Miss Nickesha Eulette also tendered her resignation in 2017. Mr. Vaughn McDonald was elected to serve for the remaining unexpired term. However, Mr. Vaughn McDonald has advised of his inability to continue to serve after the next AGM. Mr. Devon Wright was nominated to serve for the remaining unexpired term of one (1) year. The CG Co-operative Credit Union merged with the JPS & Partners Co-operative Credit Union effective October 01 2016. In keeping with the Memorandum of Understanding (MOU) signed by the merger parties, Mr. David Grey will continue to serve on the Board. In keeping with the Memorandum of Understanding (MOU) signed by the merger parties, the membership of the Board will revert to the original complement of nine (9) volunteers at the AGM in 2019. The following Directors will continue to serve: Name Terrence Knight Donovan Cunningham Earl Munroe David Grey Remaining Term in Office 1 Year 1 Year 1 Year 1 Year Pushing you Beyond All Limits! 105 JPS & Partners Co-operative Credit Union
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Our Vision To be our members’ pre
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Table of Contents NOTICE OF MEETING
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Progress Report 2008-2017 YEARS MEM
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Minutes of the 62nd AGM (Continued)
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Minutes of the 62nd AGM Continued B
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Pictorial Highlights Scholarship Lu
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Our Directors Alicia Burnett Assist
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Board of Directors Report (Continue
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Treasurer’s Report I take pleasur
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Treasurer’s Report Continued 26.0
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Treasurer’s Report Continued 5 YE
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Treasurer’s Report Continued What
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Our Team Members : Half-Way Tree Ro
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Our Team Members : Ewarton Janet Ru
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Meet Our Location Representatives (
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Financial Statements as at December
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Statement of Comprehensive Income F
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Statement of Changes in Equity For
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Page 114 and 115: Notes Pushing you Beyond All Limits
Page 116: Editorial Team: Joydene Jarrett, Na
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