It was a very successful event and thank you for those that attended our first ever virtual AGM! Missed the AGM? You can view the recording of our 77th Annual General Meeting below.
We reviewed our 2019 financial results, which were very positive. Our Balance Sheet grew by $34.5 million or 25% and now is over $173.7 million in assets. In addition, the credit union reported a net income of $1.6 million for 2019. This was on the back of a very successful 2018 year, where our Balance Sheet grew by $24.2 million or 21% and the credit union reported a net income of $1.6 million.
We want to thank our members for your support and commitment to the credit union during 2019!