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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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President’s Message For International Credit Day, 2015 PDF Print E-mail
Tuesday, 13 October 2015 13:54

Aaron MosesFellow Co-operators, as is customary we celebrate International Credit Union Day on the third Thursday in October, and have done so unfailingly since 1948. This celebration is used to recognize the Movement’s history and achievements, reflect on its role and impact and to promote and increase public awareness.

We also use this opportunity to remember and honor all those who have and continue to dedicate their lives and resources to the growth and development of our Movement.

This year we celebrate around the theme “People Helping People” highlighting a critical core value of our Movement. This theme reinforces the reason for the formation, existence and sustainability of Credit Unions around the World. It also remains the central reason why we are who we are. Today we number 207 million members in 57,000 credit unions, located in 105 countries on 6 continents across the World. This is indeed a global movement with deep geographical reach, enhancing lives and building communities.

Here, within the Caribbean, the impact of our movement is significant given our relatively high penetration. Approximately 2.3 million members are currently accessing financial services from 303 credit unions in 17 countries across the Caribbean. They do so in welcoming, caring, comfortable and conducive environments. However, despite our current penetration, there are many who are yet to understand, appreciate and experience the benefits and greatness of our Movement. This means that there is still a lot to do about promoting, educating and sharing our uniqueness and good news with our family, friends and communities.

So as we celebrate, lets us renew and recommit to reach deep within our communities, to share the great news with urgency. If we do successfully, next year’s International Credit Union Day will be the cause for greater celebration. Lets us work collectively towards that goal. I wish you an enjoyable day. I thank you.

 
Dominica Devastated By Floods And Landslides PDF Print E-mail
Monday, 31 August 2015 00:00

Torrential rainfall associated with Tropical Storm Erika and the resulting floods and landslides, wreaked havoc on the nature island of Dominica on Thursday, August 27, 2015.

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Credit Union Stalwart Passes On PDF Print E-mail
Friday, 28 August 2015 16:10

Dr. Dorothy Raymond

Credit Unions in Jamaica as well as the wider Caribbean are mourning the passing of Dr. Dorothy Raymond who died in Kingston, Jamaica on Sunday, August 23, 2015.

At the time of her death, Dr. Raymond was President of the Jamaica Teachers Association Co-operative Credit Union Ltd., and Assistant Secretary of the Board of the Jamaica League, of which she became a member in 2006. She was also regularly accredited as one of the League’s Delegates to CCCU’s Annual General Meeting.

Dr. Raymond’s funeral will take place on Saturday, September 19, at St. Richards, Red Hills, Jamaica.

Sincere condolences are expressed to the family of the late Dr. Raymond and to the Credit Union Movement in Jamaica.

May she rest in Peace!!

 
CARIBDE Regional Training Energises The Credit Union Business Model PDF Print E-mail
Friday, 30 January 2015 14:01

The Caribbean Credit Union Development Education program inaugurated its 16th week-long immersion program on Monday January 26, 2015 at the Shaw Park Hotel in warm and beautiful Ocho Rios, Jamaica under the theme “Discipline Today, Success Tomorrow.” Derrick Tulloch, President of Jamaica Cooperative Credit Union League and David Wan, Country Manager for CUNA Mutual Caribbean welcomed the class of prospective Development Educators who traveled from throughout the Caribbean and from as far away as the USA and Kenya.

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