Final Notice of Annual General Meeting

The annual general meeting of the PCS Credit Union (534594) will be held at PCS Headquarters, 160 Falcon Road, London, SW11 2LN on Friday 23 March 2018 at 2 p.m.

For members attending the meeting in person it will be necessary to register your name for voting purposes before the beginning of the meeting. Registration will start at 1 p.m.

Light refreshments will be provided on arrival and the Directors invite all members to meet with them during this period. To assist us with catering, please confirm your attendance by contacting the credit union office via email to , or telephone on 0207 924 2727 by no later than 18 March 2018.

Please note the credit union cannot reimburse expenses for travel and subsistence on this occasion.


Three nominations were received for the credit union Board of Directors and are included at Appendix A and on the attached proxy vote form. Any further nominations can be accepted from the floor on the day but must fulfil the minimum criteria of having a proposer and seconder. The nominated candidate must also indicate, either in person or by written notice that they are willing to stand. All candidates must meet the Financial Conduct Authority and Prudential Regulation Authority guidelines of a ‘fit and proper’ person in order and obtain a recommendation from a branch of the PCS before taking up their roles.

You may vote for up to 3 candidates


There is one resolution from the Board and this is also included at Appendix A and on the attached proxy vote form. Some background information on First Class Credit Union is also included. Any other urgent business for the meeting must be notified to the credit union office by noon on 22 March.


There is an additional item for voting on and this is also included at Appendix A and on the attached proxy vote form.

Voting rights and procedures

Each member shall have only one vote on each question irrespective of his or her shareholding in the credit union. Under our current rules, members under 16 years of age are not eligible to vote. Votes at the meeting will be by show of hands, unless a secret ballot is demanded by the Committee or by 10 members present at the meeting. All resolutions shall be carried by a simple majority with the exception of rule amendments. These must be carried by a two thirds majority of votes cast. Where the votes are equal the Chair has an additional or ‘casting’ vote. The Chair presides over the meeting and if not present the Vice Chair will do so. If the Vice Chair is also not present within 15 minutes of the commencement of the meeting the Committee will choose one of the Directors to do so.

Due to the geographical spread of the credit union membership, the rules allow proxy voting to ensure all members of the credit union can take part in the election of Directors and the decisions on resolutions included on the agenda of the meeting.

Proxy voting

If you are unable to attend the annual general meeting, you may vote by proxy. All members are entitled to cast one vote per question. Voting forms with instructions for completion and return are attached.

NB: Proxy forms must be received by the Secretary by noon on 19 March 2018. Forms received after this date and time will be deemed ‘spoiled’ and not included. Members cannot vote on the day and also vote by proxy.

By order of the Board

E Chorlton,

PCS Credit Union Secretary.

Directors Nominations

Resolutions - Please take particular notice of this document

Proxy Vote Form

Download and read the 2016-17 Draft Annual Accounts

Archive Accounts & Minutes

Minutes from the 2017 AGM

Download and read the final notification of the 2017 meeting, including nominations, resolutions, registration and voting

Download and read the 2016 draft accounts

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