ALTURA CREDIT UNION LTD. ANNUAL GENERAL MEETING
Virtual Annual General Meeting 2025 - Thursday 11 ᵗʰ December 2025 at 7.00pm. Register online at alturacu.ie or e-mail agm@alturacu.ie with your name & member number by Monday 8th December 2025 (4pm deadline ).
ORDER OF BUSINESS
Page No.
1. Acceptance of Proxies (if any) by the Board of Directors 2. Ascertainment of Quorum (10% or 30 voting members) 3. Adoption of Standing Orders 4. Minutes of last AGM/SGM
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5. Presidents’ Address 6. Report of Directors 7. Financial Report including Auditors Report & consideration of accounts 8. Declaration of Dividend and Interest Rebate 9. Motion/Rule Changes 10. Report of the Head of Marketing & Business Development 11. Report of the Credit Committee 12. Report of the Risk & Audit Committee 13. Report of the Credit Control Committee 14. Report of the Membership Committee 15. Report of the Board Oversight Committee 16. Report of the Nominations Committee 17. Appointment of Tellers 18. Election of Auditor 19. Election to fill the vacancies on the Board Oversight Committee 20. Election to fill the vacancies on the Board of Directors 21. Report of the Head of ICT 22. Chief Executive Officer- Credit Union Update 23. Announcement of Election Results 24. Any other Business 25. Close/Adjournment of Meeting
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35 38 39 41 42 44 45
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Imelda Purcell Honorary Secretary
STANDING ORDERS All motions from the floor must be proposed and seconded by members present at the AGM and moved by the proposer. If the proposer is absent when the motion is called, the motion shall be deemed to have failed. (1) A proposer of a motion may speak for such period as shall be at the discretion of the chair of the meeting and shall have the right of reply before the motion is put to the meeting for a vote (2) In exercising his/her right of reply, a proposer may not introduce any new material. (3) The Seconder of a motion shall have such time as shall be allowed by the chair to second the motion. (4) Members are entitled to speak on any such motion and must do so through the chair. All speakers to any motion shall have such time as shall be at the discretion of the Chair. (5) The Chair shall have the absolute right to decide at any time when a motion has been sufficiently discussed and may put the motion to the meeting giving the proposer the right of reply before doing so. NOMINATIONS The Directors wish to draw attention to the following: • There is 1 vacancy for Auditor • There are two vacancies on the Board Oversight Committee • There are six vacancies on the Board of Directors. Nomination Packs are available on an ongoing basis at the Credit Union counters, with expressions of interest also available to be made online via our website. Current legislation prevents nominations from being accepted from the floor/those attending an AGM. Each member holding one fully paid-up share and aged 16 years shall have one vote. 1
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