INTRODUCTION & CONTENTS
Notice of Annual General Meetings and proposed Transfer of Engagements We are delighted to present to you, the members of Altura Credit Union Limited and Baltinglass Credit Union Limited, the Annual Reports for both Credit Unions and information in relation to the proposed Transfer of Engagements from Baltinglass Credit Union Limited to Altura Credit Union Limited. You will find further details and information in relation to the proposed Transfer of Engagements in the third section of the booklet (Pages 67 to 8 3 ). To summarise, this proposal, if approved by the membership, will bring the two Credit Unions together, to form a Credit Union of over 53,000 members and over €248 million in assets. This merger arises from the belief of the Board of Directors of our Credit Unions that our members can be better served together, and we consider it an ideal opportunity to grow and develop our services in our local communities, from an increased position of strength. This proposed strategic T ransfer of E ngagements will also better position the combined Credit Union to meet the ever- increasing regulatory requirements. The Boards of Directors of both Credit Unions are confident that the enlarged Credit Union will further enhance our position as the local, trusted, respected and preferred financial institution for all our members.
Thomas Finn, Chairperson, Altura Credit Union Limited. Pamela O’Toole, Chairperson, Baltinglass Credit Union Limited.
Notice is hereby given that the 2024 Virtual Annual General Meeting of the members of Altura Credit Union Ltd will take place over Zoom Webinar on Wednesday 29th January 2025 @ 7pm. Notice is hereby given that the 2024 Virtual Annual General Meeting of the members of Baltinglass Credit Union Ltd will take place over Zoom Webinar on Wednesday 29th January 2025 @ 7pm.
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CONTENTS Altura Credit Union Annual Report Baltinglass Credit Union Annual Report
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37 67
Proposed Transfer of Engagement Section 130 Notice
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