Notice of AGM 2018

You are invited to the Annual General Meeting of Credit Union Baywide

Monday 29 October 2018

Magdalinos Room, Havelock North Function Centre, 30 Te Mata Road, Havelock North

Commencing promptly at 6.00pm

Business of the evening will include:

  • Presentation of Financial Statements
  • Amendment to the Rules
  • Director remuneration
  • Appointment of Directors/Trustee

Scrutineer will be appointed and relevant ballot papers issued at the AGM.

Refreshments to follow.


AGM documents


NZCU Baywide election of Directors

Candidate statements

Chris Lord

M Communications (Hons), Te Ara Reo Mãori Level 3, Te Wãnanga o Aotearoa

Communications Content and Publications Advisor

I am pleased, with nomination from the Credit Union Baywide Director Nominating Committee, to seek re-election as a second term director to the Board of Credit Union Baywide.

My involvement with credit union governance began in 2002 when I came onto the Board of Credit Union Bay Health, a small industrial credit union in Hastings. On this Board I held a number of roles – treasurer, secretary and deputy chair. Through this time I came to appreciate the credit union movement and its cooperative ethos of people helping people.

In 2012, following the transfer of engagements between Bay Health and Baywide, I was appointed Associate Director on the Baywide Board, and in 2015 successfully sought director election onto this Board.

The saying ‘the only constant is change’ is never more true than in ‘credit union land’.

Extensive merger activity has seen the number of credit unions steadily decline from over 100 in the 1990s to where we are now, where just ten credit unions are members of the NZ Association of Credit Unions. Periods of significant merger activity has been driven primarily by a regulatory environment making it difficult for smaller credit unions to operate successfully.

And more regulatory change is coming with the implementation of amendments to the Friendly Societies and Credit Unions Act 1982 set to take effect in 2019. The amendments will bring credit unions into alignment with other financial service providers while maintaining our cooperative foundations and removing unnecessary operating and compliance costs. This change presents us with significant opportunity to grow and expand our business and improve the way we work with, and for you, our members.

The financial services market is highly competitive, technology is rapidly changing the way we work and the way we interact with our members. These factors mean we face continual pressure on margins, profitability and growth.

At the Board level we look to set a strategic direction that recognises both where we have come from and where we need to be to thrive, and not simply survive. We are constantly challenging ourselves to ensure that Credit Union Baywide continues to grow and provide the best possible service to its members.

“How will this benefit our members?” is one of the most-asked questions at the Board table – and rightly so, for while we have a duty to be prudent business governors, we are dedicated stewards for the benefit of you and future members.

My background is in communications and marketing working in SME, large multinational and government department. My professional career, along with many years’ governance work provides me with an articulate and strategic voice at the Board table, which is grounded in solid professional experience and a loyal affiliation to credit union values. It is for this reason that I am seeking re-election to the Board, to continue to bring my experience, and my commitment, to the Board of Credit Union Baywide. With your continued support I hope to continue to be part of meeting the challenges ahead. Thank you.

 

 

Fortune TlapiMsc in Logistics and Supply Chain Management (Distinction Awarded), MBA (Investment Analysis & Portfolio Mgmt & Int Finance), BBS, MCIPS, MinstDNZ

Dear Fellow Members,

First off, I would like to acknowledge the hard work and fortitude of our current Board of Directors in providing stewardship and governance oversight to the Credit Union. With the accelerating pace of change locally and globally, particularly in terms of technology, regulation, demographics and customer expectations which impacts directly on the relevance and sustainability of the current product and service offering, the need for injection of new and more diverse viewpoints onto the Board table has never been greater. 

My passion is helping everyday Kiwis meet their financial goals as a means of reaching full financial freedom. I bring youth, drive, energy and global outlook to work with other Directors and the management team to provide tangible benefits that improve livelihoods to every Member year-on-year. With an average of a 10 year tenure on the Board, the current Directors have got solid experience in overseeing the credit union business. To be able to provide for new ideas, approaches and perspectives of other union members, the Rules of the Credit Union provides for the retirement of two or three Directors each year. This allows for leadership renewal and the introduction of members onto the Board whose varying backgrounds and skills create a dynamic for challenge of current beliefs and practices and contributes to continued organisational growth, profitability and financial success of the valued Members. 

As stated on my Bio, I am an accomplished strategic management and procurement leader with 18 years of hands on commercial experience in multiple industries and board experience in educational institution. I have broad commercial skills in strategic planning, financial planning, significant business case development, ICT projects leadership etc. 

Dear members, I covet your valued vote in this key election. It is a unique opportunity for progression backed by solid experience. The mandate that you will provide will be a step in future-proofing the goal of financial freedom of all NZCU Baywide Members.


Nga mihi nui
Fortune

 

 

Grant Travis

BBS (Acctg & Fin, Pers Mgmt), CA

Chartered Accountant

It is my privilege to have served you as a director on the NZCU Baywide Board since 2009. During that time I have been chair of the Audit & Risk Committee and also previously served as Treasurer. I have actively been involved in various sub-committees and working parties including recently, the Oracle banking system implementation project and also investigating additional capital growth opportunities.

I am a trustee of the NZ Credit Union Foundation and the Colin Smith Memorial Fund.

I hold a Business Studies Degree and am a Chartered Accountant and member of the NZ Institute of Directors. I have held senior management positions at Massey University and earlier in my career within the public hospital system. Currently, I undertake some part time contract accounting assignments.

I have been a long standing credit union member for close on 40 years. I was an advisor to the PN Hospital Staff Credit Union Board at the time of the merger to form Credit Union MidCentral and was a board member with the Credit Union MidCentral Board actively advising on its merger to become part of Credit Union Baywide. I am passionate about the co-operative credit union model and members financially helping one another.

My vision for NZCU Baywide is for a vibrant and growing financial organisation that provides best of class service and products to a wide range of members and which offers a real alternative to the big banks.

We must continue helping first and other home buyers in a market that the big banks are increasingly unwilling to service as well as continuing to build on our traditional strength in the personal loan market. Legislative changes will soon allow us to lend to small businesses that are owned by our members. This will open up new opportunities and present challenges requiring good governance and management.

One of the major challenges in the years ahead will be to remain price competitive and at the same time profitable in order to grow our organisation and sustain our branch network. To do this we will require additional capital to underpin growth. We also need to invest in the ongoing development of our internet and mobile systems to be attractive to younger members who are our future.

I take my responsibilities towards you and your finances very seriously and always strive to act in the best interests of members. I offer myself for re-election as I believe that my vision, experience, skills and track record will be of value to NZCU Baywide going forward.

I urge you to exercise your vote through the use of proxy voting if you are not planning to attend the forthcoming Annual General Meeting.