Annual General Meeting
POSTPONEMENT NOTIFICATION - The AGM (Annual General Meeting) of KCCU was to be held on Tuesday, March 24th, 2020 for the fiscal year ended December 31, 2019. Due to the state of emergency and recommendations from public health officials, the meeting will be postponed.
In response to concerns of health and safety surrounding the COVID-19 pandemic, Kingston Community Credit Union has decided to postpone the Annual General Meeting scheduled for Tuesday, March 24, 2020. The Province of Ontario has declared a state of emergency and banned all social gatherings of more than 50 people in order to prevent the possible spread of the virus. We do not want to limit participation at our meeting and also feel that gatherings of any size should be curtailed while the state of emergency exists. KCCU will re-schedule the AGM as soon as the pandemic subsides and after sufficient planning and coordination. Invitations will be sent at that time informing you of the date, time, and location of the event. In the meantime, our sincerest hope is that you and your loved ones remain healthy and safe.
Jon Dessau, CEO
KCCU is a democratically operated financial cooperative. The members have an elected Board of Directors who serve on their behalf and direct the mission statement and the operating objectives of the credit union to be carried out through the CEO and management. Balanced with the financial, social and ethical responsibilities, The Board and the Audit Committee monitor efficient utilization of resources and adherence to legislative and regulatory requirements. Your Board makes sure our mandate and values are reflected in our operating activities.
Subject to By-laws, the Annual General Meeting (The AGM) is held no later than 120 days after the fiscal year-end of the Credit Union (currently December 31). The Annual General Meeting of the members of KCCU is held for the purpose of addressing specific areas of the business of the credit union such as filling Board vacancies, approving financial statements, approving by-law changes (if any), and so on. Should any member be interested in applying for a position on the Board to fill a vacancy, please contact the Chair or the CEO.
For voting purposes, the Record Date will be March 8, 2020.