14/09/2025
[ ๐๐ฆ๐จ๐๐ ๐ฃ๐ ๐๐ผ๐ฎ๐ฟ๐ฑ ๐ฅ๐ฒ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐ | ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ญ๐ฏ, ๐ฎ๐ฌ๐ฎ๐ฑ ]
๐ ๐ฐ๐ถ๐ณ ๐๐ฐ๐ข๐ณ๐ฅ ๐ฐ๐ง ๐๐ช๐ณ๐ฆ๐ค๐ต๐ฐ๐ณ๐ด ๐ข๐ฑ๐ฑ๐ณ๐ฐ๐ท๐ฆ๐ฅ ๐ต๐ฉ๐ฆ ๐ง๐ฐ๐ญ๐ญ๐ฐ๐ธ๐ช๐ฏ๐จ ๐ฑ๐ฐ๐ญ๐ช๐ค๐ช๐ฆ๐ด ๐ข๐ฏ๐ฅ ๐ข๐ค๐ต๐ช๐ฐ๐ฏ๐ด ๐ต๐ฐ ๐ด๐ต๐ณ๐ฆ๐ฏ๐จ๐ต๐ฉ๐ฆ๐ฏ ๐ฐ๐ถ๐ณ ๐๐ฐ๐ฐ๐ฑ๐ฆ๐ณ๐ข๐ต๐ช๐ท๐ฆ:
๐ฅ๐๐ฆ๐ข๐๐จ๐ง๐๐ข๐ก ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฑ๐ต
๐๐ป๐ด๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐ฎ ๐๐ถ๐ฐ๐ฒ๐ป๐๐ฒ๐ฑ ๐๐ฝ๐ฝ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฟ
The Board authorized the hiring of a licensed appraiser to properly assess Cooperative properties for insurance purposes and to determine their remaining useful life.
๐ฅ๐๐ฆ๐ข๐๐จ๐ง๐๐ข๐ก ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฒ๐ฌ
๐ฃ๐ผ๐น๐ถ๐ฐ๐ ๐ผ๐ป ๐๐ผ๐ฎ๐ป ๐ข๐ณ๐ณ๐๐ฒ๐๐๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ง๐ฒ๐ฟ๐บ๐ถ๐ป๐ฎ๐๐ถ๐ผ๐ป
The Board set a clear policy that loan offsetting shall only proceed after due collection process has been completed (notices, dialogue, ConMed referral). Once offsetting is made, automatic termination of membership will follow.
๐ฅ๐๐ฆ๐ข๐๐จ๐ง๐๐ข๐ก ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฒ๐ญ
๐ฃ๐ผ๐น๐ถ๐ฐ๐ ๐ผ๐ป ๐๐ถ๐๐ถ๐ฑ๐ฒ๐ป๐ฑ๐ ๐ณ๐ผ๐ฟ ๐ ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐ ๐๐ถ๐๐ต ๐ฃ๐ฎ๐๐ ๐๐๐ฒ ๐๐ผ๐ฎ๐ป๐
The Board approved that dividends of members with past due loans will be applied first to their outstanding balance. Any remaining amount will be deposited to their savings account.
๐ฅ๐๐ฆ๐ข๐๐จ๐ง๐๐ข๐ก ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฒ๐ฎ
๐๐ป๐ฐ๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฆ๐ฐ๐ต๐ฒ๐บ๐ฒ ๐ณ๐ผ๐ฟ ๐๐ถ๐ฟ๐๐-๐ง๐ถ๐บ๐ฒ ๐๐ผ๐ฎ๐ป ๐๐๐ฎ๐ถ๐น๐ฒ๐ฟ๐
The Board granted an incentive to first-time loan borrowers: 8% interest rate on back-to-back loans, with a maximum term of three (3) years, provided the member has at least one year of residency.
๐ฅ๐๐ฆ๐ข๐๐จ๐ง๐๐ข๐ก ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฒ๐ฏ
๐ ๐ฎ๐
๐ถ๐บ๐๐บ ๐ฆ๐ต๐ฎ๐ฟ๐ฒ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ฃ๐ผ๐น๐ถ๐ฐ๐
The Board set the maximum allowable share capital at โฑ5,000,000.00 per member. Members with more than this amount will be encouraged to transfer the excess to other Cooperative services such as savings, time deposits, or investments.
๐ These resolutions are part of our continuing commitment to fairness, financial prudence, and sustainable growth for all members.