Annual Reporting

Annual General Meeting



The Annual General Meeting of Members of Your Neighbourhood Credit Union Limited will be held at the Cambridge Hotel & Conference Centre, 700 Hespeler Road, Cambridge on Tuesday, April 18, 2017.  Registration will begin at 6:30 pm.  The meeting will be called to order at 7:00 pm.

The purpose of the meeting is to:

  1. To receive and consider reports and financial statements for the reporting period ended December 31, 2016.
  2. To appoint the Auditors for 2017.
  3. To approve the Special Resolution for the proposed amendments to By-law No. 1. The Special Resolution cannot be amended.
  4. Election of YNCU Directors for 2 positions in Northern Ontario and 2 positions in Southern Ontario;
    • Nominations have been accepted from Andrew Belsito, Christine Coccimiglio, Martial Moreau and Terry Ragnitz for two (2) positions in Northern Ontario.
    • Nominations have been accepted from Frank Burgund, Frank Mensink, Jim Morton, David Roewade and Kenneth Walsh for two (2) positions in Southern Ontario.
  5. To conduct any other business that may properly come before the meeting.
Annual Report:
The Annual Report including condensed audited financial statements for the period ending December 31, 2016, Audit Committee Report and a copy of the full text of the special resolution will be available to members at each of the Credit Union’s branches and on our website no later than 10 days prior to the meeting.

Full audited financial statements and Auditor’s Report are available to members by written request.

Voting:
Eligible members may vote in person at the Annual General Meeting. Corporations, partnerships and associations are entitled to vote only by proxy. A proxy form, duly executed by the signing officer of the corporation, partnership or association, must be submitted at registration. No members other than a corporation, partnership or association may vote by proxy.

Transportation:
Free transportation by bus will be provided to and from selected branches outside the Region of Waterloo. Check your branch for details. If you require further information, please call (519) 804-9190, ext. 606 or contact your branch.

Annual Reports


The Annual Report for the fiscal period ended December 31, 2016 will be available for download 10 days prior to the annual general meeting on April 18, 2017.

 

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