“If you allow credit unions to be regulated under the Central Bank, then the whole ethos of what credit unions represent is going to be destroyed”, commented Joseph Remy, President of the Co-operative Credit Union League of Trinidad and Tobago (CCULTT).
Saying that recent developments at First Citizens have “created great cause for concern on our part,” BECU declared that it is “fully in support of the practice of good governance.” BECU indicated that it has made a recommendation at the meeting for a new policy on remuneration, particularly in instances of inter-locking directorships.
It is here! We have decided to step up our game in communicating with our members. For 2014 we are releasing our newsletters twice a week. They’ll be shorter than the quarterly ones and will have more up to date information. The first newsletter is out on January 17th. You can catch up on the highlights from the 29th Annual General Meeting, see what we have planned for Carnival and check out our branded BECU polo t-shirts.