Notice of Election of Board of Directors And Supervisory Committee for UEW Cooperative Credit Union Limited

UEW Cooperative Credit Union Limited announces for the information of its cherished members that vacancies exist for the following positions in the Credit Union for Winneba, and Mampong Campus.

Vacancies for (a) (i) and (b) are meant for candidates from Winneba only.

ELIGIBILITY:

(I) Board of Directors

1. A member eligible for election onto the Board shall be a staff of UEW or AAMUSTED and a member of the Union for a minimum period of three years.
2. Must be age 21 or above, of sound mind and of good character with no criminal records.
3. Must be abreast of the concept and operations of the Credit Union.
4. A fair knowledge of the management of a business
5. Must be financially literate
6. Must adhere to the loan policy of the Credit Union
7. Must not be an employee of the Credit Union
8. Must not be an owner, partner, employee, or director of any business or organization that is in the same or similar business as or in competition with the Credit Union.
9. Must not be an employee of any of the institutions directly regulating or supervising the Credit Union.
10. Must not be a director or Manager of a failed financial institution at the time of failure.
11. Must be attending the Annual General Meeting of the Credit Union on regular basis, three consecutive years.
12. Must not be in partisan politics, be a chief, or a trade Union leader.
13. A person who has a criminal record shall not be eligible for election
14. A person who has served part of his/her term as a co-opted member on the Board or Committee level will be considered as part of the years served.
15. For any member to be elected onto Board, He/she must have deposits of GHS10,000.00 and GHS5,000.00 for savings and shares respectively for the last six months prior to elections.

(II) Supervisory Committee

1. A member who wants to serve on the supervisory committee must have knowledge in accounting.
2. Must be age 21 or above, of sound mind and of good character with no criminal records.
3. Must be abreast of the concept and operations of the Credit Union.
4. A fair knowledge of the management of a business
5. Must be financially literate
6. Must adhere to the loan policy of the Credit Union
7. Must not be an employee of the Credit Union
8. Must not be an owner, partner, employee, or director of any business or organization that is in the same or similar business as or in competition with the Credit Union.
9. Must not be an employee of any of the institution directly regulating or supervising the Credit Union.
10. Must not be a director or Manager of a failed financial institution at the time of failure.
11. Must be attending the Annual General Meeting of the Credit Union on regular basis, three consecutive years.
12. Must not be in partisan politics, be a chief, or a trade Union leader.
13. A person who has a criminal record shall not be eligible for election
14. For any member to be elected onto Supervisory Committee, He/she must have deposits of GHS5,000.00 and GHS3,000.00 for savings and shares respectively for the last six months prior to elections.

 (d) Vetting

To qualify to contest, an aspiring candidate shall be vetted by a Vetting Committee in accordance with the Union’s Bye Laws Article 46. 

(e) Close of Nomination

All completed nomination forms SHALL be submitted to the Department Publishing and Web Development with detailed address below not later than TUESDAY JULY 2, 2024 at 4 pm.