Committees

The Aero Services Credit Union has four standing committees it delegates tasks to, the Credit, Supervisory, Education and Social and Cultural Committees. The Board determines the authority and responsibilities of each committee and reviews their mandate annually. The Committees are as follows:

Credit Committee

The Credit Committee which consists of five members is elected at the Annual General Meeting from among the membership and for a one year term. This committee is the only committee authorized by LAW to approve loans granted by the credit union.

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Supervisory Committee

The Supervisory Committee which consists of three members is elected at the Annual General Meeting from among the membership and for a one year term. They are the internal auditors of the organization and keep an eye on the operations on behalf of the membership.

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Education Committee

This committee is responsible for publicity and education. At their first meeting a Chairman and Secretary are elected from among the members and they are empowered to co-opt persons to be members of the committee.

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Social & Cultural Committee

The Board appoints five members to the Social & Cultural Committee. The committee is charged with the responsibility of engaging Credit Union Members in social and cultural activities.

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