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Caribbean Credit Unions and the Foreign Account Compliance Act (FATCA)

The proposed regulation which is expected to be finalized by December 31, 2012 and if finalized as proposed, require non-U.S. credit unions to register with the IRS...

icon FATCA (403.66 kB)

Events Calendar

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Dominica Loses a Favourite Son of the Credit Union Movement PDF Print E-mail
Tuesday, 12 April 2016 13:04

The death of Mr. Kenneth Richards on Saturday, April 9, 2016 in his native Dominica, has brought to a close a life of dedicated service to the Credit Union Movement in Dominica and the wider Caribbean.

Mr. Richards became active in the Credit Union Movement in 1956, when he was first elected to the Supervisory Committee of the St. Alphonsus Co-operative Credit Union Ltd., and subsequently as Treasurer in 1958.

He became a Director of the League at its formation in 1959 and served in several capacities including Secretary, Vice President and President as well as a member of the Credit Committee until he demitted office in 1980. During his tenure, he was instrumental in the development of the League’s Field Services and the Central Finance Facility.

At the Regional level, in 1960 Mr. Richards was elected to serve as a Director of the West Indies Conference of Credit Societies (WICCS) and remained a Director until 1972 when WICCS became the Caribbean Confederation of Credit Unions (CCCU) also serving as a Founding Director until 1975.

As a volunteer, Mr. Richards traversed the length and breath of Dominica, assisting in establishing Credit Unions in La Plaine, Woodford Hill, Coulibistrie, Grand Bay, Riviere Cyrique and Laudat. His life of service to the Credit Union Movement particularly the St. Alphonsus Co-operative Credit Union Ltd., as a volunteer for 27 years, culminated with his appointment as Manager of the Dominica Co-operative Credit Union League Ltd., a position he held from 1986 to 1996.

In 1983 he was recognized for his sterling contribution to the development of the Credit Union Movement by the Government of Dominica, when he was awarded the Sisserou Award of Honour, the Nation’s second highest National Award.

May he rest in Peace.

 
FHC Thorbourne Tribute PDF Print E-mail
Tuesday, 09 February 2016 20:07

Reverend Oswald James Thorbourne affectionately called "Ozzie" was the founding father of the former Churches Co-operative Credit Union Limited and made sterling contributions to GSB Co-operative Credit Union Limited.  He has given invaluable service to the Credit Union Movement as Past President, Jamaica Co-op Credit Union League; Past President, Caribbean Confederation of Credit Unions and Past Director, World Council of Credit Unions.  Ozzie has touched many lives through volunteerism across the Movement and he was well esteemed among is peers.  He was an icon in the Movement and a tremendous source of information on any Credit Union matter.

The FHC family is saddened by his passing and wish for his family, friends and fellow co-operators, the peace and comfort of God as we mourn his death.  We have lost a stalwart, but we are forever reminded of his indelible mark on the Credit Union Movement.

We will miss you, Ozzie.

(1927 - 2016)

 
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Unveiling of the Program for the Third International Summit of Cooperatives: Cooperatives: The Power to Act at the Core of the Global Economy

Quebec City, Canada, October 21, 2015 – The International Summit of Cooperatives, which will run from October 11 to 13, 2016 in Quebec City, Canada, is ready to unveil its program. Under the theme of Cooperatives: The Power to Act, the Summit will show the real impact of cooperatives and mutuals at the local, national and international levels, and the pivotal role they play in terms of the key global issues listed in the United Nations'post-2015 development agenda.

The program will start by covering the new socioeconomic and geopolitical realities around the world. It will then address the challenges faced by cooperatives and mutuals in a constantly changing economy, as well as the opportunities. Finally, it will help cooperatives identify the actions that could provide solutions to the development issues listed by the UN.

Read more...
 
Annual Everard Dean Memorial Lecture 2015 PDF Print E-mail
Monday, 19 October 2015 12:53

The CCCU Development Foundation sponsored Annual Everard Dean Memorial Lecture for 2015, will be delivered on October 29, by Dr. Compton Bourne, Professor Emeritus of the University of the West Indies and a former President of the Caribbean Development Bank. The topic of the Lecture will be “Exploring Sustainable Strategies for Promoting Inclusive Growth in Regional Economies”.The event will be held at the Bourne Auditorium of the St. George’s University, in St. George’s Grenada commencing at 7.30 pm.

 
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