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NLCU hosts 65th AGM

NLCU CEO Glenn Bolger

The NLCU held its 65th Annual General Meeting on Monday evening.

Last year the Board of Directors planned to develop a new long-term strategic plan that would concentrate on exploring specific avenues for growth and collaboration, developing passionate and engaged employees, increasing NLCU’s financial education offerings for members, and making continued progress on the credit union’s environmental, social, and governance continuum.

2022 turned out to be a good year for the organization.

CEO Glenn Bolger said, "In 2022, NLCU experienced the highest loans growth and largest growth in assets in its history, and the second highest deposits growth in its history.”

At 2022 year-end, NLCU’s loans portfolio grew by 15.0 percent and assets grew by 8.07 percent.

This year, there were six candidates vying for seats on the Board of Directors. Successful candidates elected to the Board were Courtney Clarke, Sheena McCrate, Allan Skanes, and Barry Tucker.


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