The Annual General Meeting for Catalyst Credit Union was held yesterday in Roblin.
The meeting was held to consider the annual report of the directions, the financial statements and auditor’s report as well as appoint an auditor, elect directors and attend to other business.
Overall Catalyst Credit Union had a very strong year in 2016, with confirmation of Rorketon Credit Union set to merge in 2017.
"So we had some great numbers, new highs and lows," noted Ron Hedley, CEO for Catalyst Credit Union. "We had some really good numbers actually. Total equity is up and efficiencies is down which means that we are
spending less to operate each day. But besides that we had a net income of about $3.5 million which is a milestone for Catalyst."
A live stream video of the AGM was available at the Dauphin branch for those who could not attend in Roblin.
