Notice of Two Special General Meetings (SGM)
We hereby give notice of two Special General Meetings of Money Matters Credit Union Ltd (MMCB) to be held as follows:
Meeting Details:
1st SGM Date: Friday, 9th of May, 2025 at 6.30pm
2nd SGM Date: Tuesday, 27th of May, 2025 at 6.30pm
Both SGMs will be held online via Zoom. If you need help with Zoom, please CLICK HERE.
Purpose of the Meeting
As you may recall, members voted in favour of the proposed merger between MMCB and Plane Saver Credit Union at SGMs held in October and November 2024. We were delighted by your strong support and enthusiasm for the merger and the benefits it will bring to members.
However, due to an administrative delay with the required documentation to the Financial Conduct Authority (FCA), we are now required to hold these SGMs again to ensure compliance with the regulatory process.
We appreciate that this may be frustrating, but we want to assure you that this is purely a procedural requirement. The substance of the proposal remains unchanged, and your vote continues to be vital in helping us move forward with a stronger and more resilient future for MMCB members.
Live Voting on Merger Proposal
The member vote on the merger proposal will be conducted live during the SGM portion of the meeting. All members are encouraged to attend and participate. The resolution for approval is:
“This meeting of members of Money Matters Community Bank hereby resolves to transfer the stock, property, and other assets, and all engagements of the society to Plane Saver Credit Union Limited, in consideration of Plane Saver Credit Union Limited issuing to each member of Money Matters Community Bank paid-up shares equal to the amount standing to the credit of each member in the share ledgers of Money Matters Community Bank on the date when the transfer of engagements becomes effective.”
Meeting Registration
To register for the meetings, please sign up via Zoom here:
Remember to have your membership number to hand – you will need this and your email address to register.
By order of the Board
Dennis M. O’Connor, Jr., Chairman
Date of Notice: 22nd of April 2025
Agenda
Special General Meeting (SGM) Agenda
• Call to Order and Purpose of the SGM
• Overview of Merger Benefits
• Resolution to be Voted On
-Presentation of the Resolution
-Live Vote
• Final Member Q&A
• Adjournment of SGM
