NCCU Inauguration Ceremony

FIVE (5) CREDIT UNIONS FORMALIZE AMALGAMATION

The National Co-operative Credit Union Ltd. Emerges.

The National Co-operative Credit Union Ltd (NCCU) held its inauguration ceremony on Thursday November 25, 2010 at 5:00pm outside its head office on 31-37 Independence Street. This ceremony formalized the amalgamation of five (5) Credit Unions -- La Salette, Roseau, St. Paul, St. David’s and Vieille Case-- which took place on November 1, 2010.  The Keynote address was delivered by Honourable Julius Timothy, Minister of Health, who represented the Honourable Roosevelt Skerrit, Prime Minister. Honourable Gloria Shillingford, Minister for Social Services, Community Development & Gender Affairs delivered brief remarks and unveiled the NCCU Sign. Greetings to the NCCU were received from a number of regional cooperative bodies including the Caribbean Confederation of Credit Unions (CCCU) delivered by Mr. Ralph Wharton. Mr. Junior Bacchus, President, delivered greetings on behalf of the St Vincent Co-operative Credit Union League Ltd.       

Representatives of the five NCCU branches -- Vieille Case - Mr. Cletus Joseph, St. David’s - Ms. Carol Rabess, St. Paul – Dr. Damien Letang, Roseau - Mr. Thomas Dorsett and LaSalette - Mr. Algernon Degallerie shared their experiences and expectations of the amalgamation. NCCU Awards were presented to Mr. Kenneth Richards, Vieille Case Co-operative Credit Union Ltd and Mr. Eliyah Jno Baptiste Winner of the NCCU Logo Competition.  An award to Mr. Hudson Savarin (deceased) was received by his wife, Mrs. Marie Savarin.   Punctuating the ceremony were thrilling performances by The St. Luke’s School Folk Dancers, Hunter, Sisserou Vocal Ensemble, King Caressa and Daddy Chess.  The NCCU Inauguration Ceremony was indeed a success and a fitting climax to a bold step taken by the five credit unions to amalgamate.