Members present at the recently held annual general meeting (AGM) learnt among other things that they would receive a 6% dividend on Member Share Capital. The AGM was held on Tuesday, June 8 under the theme: "Strengthening Members' Confidence--A Strategy for Future Growth". 

 6% is the maximum allowed by the Co-operative Societies Regulations S.R.O. 26 of  2001, which allows cooperative societies to pay dividends up to 3% above the savings rate set by the Eastern Caribbean Central Bank (ECCB).  RCCU has paid out  6% annually since MSC was introduced at the end  of  2006.

Election of officers to serve on the Board and Committees was another matter dealt with at the AGM and  members participated enthusiastically.  At the end of the elections Dexter Ducreay was re-elected to the Board with Bernice Mathew, Celia Delauney and Michael Augustine winning seats on the board for the first time.

Linda Gonzalez-Peltier and Esther Shillingford were re-elected to the Supervisory Committee and new comer Brendon Defoe collected many votes to convincingly  win a seat as well.

Isabella Prentice, Maria Pascal and Nathaniel Isaac were all re-elected to the Credit Committee for another term. 

In a draw for the opportunity to join credit union officials at the annual OECS Credit Union Summit in St. Lucia in August, member Glenroy Jean Marie emerged as the winner.