What rights do members have?

Members have the following rights:

  • To inspect all Credit Union reports and accounts (Other than those of individual members)
  • To attend and vote at the Annual General Meeting of the Credit Union.
  • To stand for office in the Credit Union.
  • To save and withdraw their savings (Shares).
  • To apply for and be granted loans (if they are within the policy of the Credit Union).
  • To have their transactions kept confidential.
  • To democratically change the rules and policies of the Credit Union (within the Law).

What responsibilities do members have?

Members must:

  • Elect a capable Board of Directors to run the Credit Union on behalf of the Members.
  • Attend and vote at meetings of the Credit Union (whenever possible)
  • Ensure that the accounts of the Credit Union are examined.
  • Save regularly.
  • Borrow intelligently and for productive and provident purposes.
  • Repay loans on time so that other members can make use of the service.
  • Volunteer to help with the running of the Credit Union and encourage others to do the same (whenever possible).
  • Encourage friends, relatives and colleagues to join the Credit Union (if they are within the Common Bond).