News
NCCU VISITS THE SPICES CENTRE
Friday, 11 February 2011

On Tuesday 8th February, NCCU visited the Spices Centre.  

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Mr. Garth Joseph-right (NCCU-Accountant) hands over fruit basket to Mr. Malcom St. Rose-left (President of the PTA)

 
NCCU Vielle Case Branch
Friday, 28 January 2011

NCCU VIEILLE CASE BRANCH PRESERVES CULTURAL TRADITIONS

Invites New Members to Join Its Cultural Group

In 2007, the Vieille Co-operative Case Credit Union Ltd (VCCU) recognized there was a decline in cultural activities in most of the villages within its boundaries. The credit union then took the decision to get involved in preserving and promoting Dominica’s cultural traditions.  A committee was set up with the objective of stimulating interest in traditional dances and the playing of traditional instruments. 
This gave birth to the VCCU in Culture group led by Mrs. Vernice Bellony and Ms. Olivette Joseph. The group has participated in Reunion 2008 and National Cultural festivities and also performed at the airport, Portsmouth Market and village activities. The group is now seeking to attract new members, and interested persons are invited to attend a meeting in their community. The meetings are scheduled for Tuesday, Wednesday and Thursday February 1, 2 and 3 in Penville, Thibaud and Vieille Case respectively at 5 pm at the branch and sub-branch offices.     The Vieille Case Branch of the NCCU views its role in promoting and preserving the cultural heritage of its members as part of its social responsibility.
 
NCCU Inauguration Ceremony
Tuesday, 30 November 2010

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.   
 
NCCU Mega Credit Union
Thursday, 28 October 2010

THE NEW MEGA-CREDIT UNION

As of November 1st 2010 the Roseau, La Salette, St. Paul, Vieille Case and St. David Credit Unions will be 'one entity" known as the National Co-operative Credit Union Ltd. (NCCU).

According to the news article in the Sun Newspaper dated October 25th 2010, Mr. Dexter Ducreay, the first president of the new mega-credit union announces that "The new NCCU will consist of five branches, enjoy a share capital of $2.4 million, members equity of $33.5 million, an asset base of $320 million and a membership of 35,708". nccu_unions.jpg

Additionally, this merger will help the movement withstand increasing competition in the financial sector, and help the unions benefit from higher penetration of services.

The approach is that everyone comes together as "one big family".

The new NCCU president of the Board of Director would like to thank you for your support over the past years as the National Co-operative Credit Union Limited (NCCU) moves forward.

 
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