Sharons Credit Union experienced a painful aftermath of the global financial crisis during the year 2008/09 leaving us in the worst managerial situation. However, we were able to overcome the difficulties by making collective efforts. Entering 2010, Sharons Credit Union was able to regain the normal operational status in terms of member deposits as well as loan activities. Nevertheless, unprecedented low interest rate and current stagnant economic condition still remain as negative factors for us.

The Board and management, in order to prepare to meet properly harsh challenges and difficulties in 2010,....[More]