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Thursday, 10 May 2012 |
NOTICE IS HEREBY GIVEN THAT THE SECOND ANNUAL GENERAL MEETING OF THE NATIONAL CO-OPERATIVE CREDIT UNION [NCCU] LIMITED WHICH WILL BE HELD ON SUNDAY, 20TH MAY 2012, AT 3:00 PM, AT THE VIEILLE CASE PRIMARY SCHOOL, LA-PAILLE, VIEILLE CASE, DOMINICA.
THE MEETING WILL BE HELD UNDER THE THEME:
“N.C.C.U. – Opportunities through Integration"
Members are urged to make a special effort to attend.
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Friday, 04 May 2012 |
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Members with Member Retirement Accounts (MRA) and prospective account holders are informed of the following important changes to the account .
From April 1, 2012, the maximium monthly deposit to an MRA is $1000 for a maximum of $12,000 in a calendar year, that is from January to December.
Two other changes which have been made to the MRA will take effect from July 1, 2012 as follows:
- ALL members can keep an MRA open and keep saving in it up till age 60. Members can opt, however, to close the account anytime after age 55, without any interest penalty.
- The interest rate on the MRA will be reduced to 6% per annum
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Monday, 31 October 2011 |
PRESIDENT’S MESSAGE
Dear Members,
On the 1st of November 2011, we will be celebrating our first anniversary as National Co-operative Credit Union (NCCU). This, in no uncertain terms is a major mile stone. Tremendous effort has been invested in the coming together of our five credit unions-Vieille Case, Roseau, St. David’s, St. Paul and La Salette.
The amalgamation process started over twenty (20) years ago when at a Roseau Co-operative Credit Union Annual General Meeting, a resolution was passed to form one credit union. It took the perseverance of men like deceased Hudson Savarin and Mr. Kenneth Richard to ensure that the initiative was kept in the public domain. In more recent times, the baton was passed on to the Amalgamation committee consisting of volunteers from all five (5) credit unions. The committee worked tirelessly over a period of a year and a half which resulted in the creation of NCCU.
Our institution is very robust and is being managed by dedicated volunteers.- (Board of Directors, Supervisory Committee, Credit Committee and staff). NCCU is proud of its’ five (5) branches which is located across Dominica, providing services that competes with any other financial institution on the island. We are recognized as the second largest financial institution on island and the largest credit union in the O.E.C.S. Our financial holdings are just as impressive, with Assets at $351,390,956, Membership 34,833 and Loan portfolio of $253,033,815 as of August 31st, 2011.
Our future goals in improving and enhancing the membership experience at our branches are in its advance stage. That is the lunching of our VISA debit card and later, VISA credit card.
As we celebrate our 1st anniversary, I join all other volunteers in expressing gratitude and thanks to the entire membership for demonstrating confidence in the decision to amalgamate. As our institution grow in size and age, we give you the assurance that we will maintain our contract with you, by ensuring that our decisions in the development of the institution are grounded in the Cooperative principles. On behalf of all volunteers, I do wish everyone a happy anniversary and may God bless us all.
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Friday, 07 October 2011 |
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The National Co-operative Credit Union Ltd. (NCCU) cordially invites members to its FAMILY FUN DAY activities which will take place on Sunday, October 16 from 12 noon at Macoucherie.
Members are asked to register at Branch offices and those in Trafalgar, Morne Prosper, Bellevue and Pichelin to register at Village Council offices as transportation will be provided.
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Friday, 26 August 2011 |
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 NCCU has once again stepped forward to assist three of its members in need. Illene Harry of Salisbury (shown in picture) and Ursula Daley of King's Hill both received donations for medical purposes. Eighty six year old Gladys Williams of Bellevue Chopin was given assistance for construction of a new home.
These donations were presented at NCCU's annual Scholarship Ceremony which was held at the NDFD Conference Room on Thursday 18, August 2011. All receipients expressed profound gratitude and sincere thanks to the NCCU for once again coming forward to help its members in the different communities.
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