News
NCCU HOLDS 1st AGM --Reports Solid Performance
Thursday, 02 June 2011

 The adoption of By Laws for the new entity, presentation of the financial statements and reports, election of volunteers and the approval of a 6% dividend on Member Shares, were among the highlights when members of the National Co-operative Credit Union Ltd met on May 31 at its 1st General Meeting to review the Society’s performance for the two (2) month period, November 1 to December 31, 2010 .   The meeting was held at the St. Gerard’s Hall in Roseau under the theme, “One Big Family”.

 NCCU’s  President, Mr. Dexter Ducreay reported to the membership that the Society recorded solid financial performance in the two months under review earning Gross Revenues of $4.67M and realising Total Comprehensive Income of $654,442. He described this performance as creditable noting that most institutions experience losses for a period of time after a merger. 
 
According to the Board of Directors’ Report, the Society intends to pursue consolidation over the next three years and will focus on streamlining processes, improving inter-branch communication, training staff and volunteers, promotion of services and offering additional incentives to members.  
 
 After a lengthy and enthusiastic election process, 38 of the 39 volunteers, who steered the NCCU from November 1, 2010 to May 31, 2011  were returned to office.  
 
Prior to the adjournment of the meeting, a decision was taken to reward members who made the time to attend and participate with a $50 deposit to their accounts.   
 
The NCCU is a financial co-operative and was established on November 1, 2010. It is an amalgamation of the Vieille Case, St. David’s, St. Paul, Roseau and La Salette Credit Unions. The  Society has a roll of over 36,000 members and assets in excess of $340M.  
 
SPORTS NEWS RELEASE
Wednesday, 04 May 2011
NCCU/VIELLE CASE GRAND DOMINO KNOCK-OUT 

A Domino Knock-Out was organized by the sports academy of the National Co-operative Credit Union Ltd. (NCCU) Vieille Case Branch on Sunday May 1st at the Paix Bouche Resource Center.

 

Five teams participated in this exciting event. Upper Penville, Lower Penville, Vieille Case, Rockers of Paix Bouche and Windy Strikers of Paix Bouche.

 

The opening ceremony was addressed by the president of the NCCU Mr. Dexter Ducreay.

 

First round, Rockers defeated Vielle Case. Upper Penville defeated Strikers and Paix Bouche Windy Strikers defeated Lower Penville.

 

Second round, Rockers of Paix Bouche defeated Upper Penville, Strikers defeated Lower Penville.

 

Finals

Rockers of Paix Bouche defeated Windy Strikers of Paix Bouche.

 

Rockers – 1021 points

Windy Strikers – 719 points

 
MISS NCCU is MISS DOMINICA 2011
Tuesday, 22 March 2011

JACINTHA FAGAN IS MISS DOMINICA 2011

 

Twenty-three (23)-year old Jacintha Fagan, Miss NCCU, is Miss Dominica 2011.  She won the title on March 4 after performing consistently in all four rounds of the pageant.


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Ms. Fagan received awards for Miss Photogenic and Best in Evening Wear.

Congratulations Jacintha!  You have made NCCU proud.

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MISS NCCU - JACINTHA FAGAN
Friday, 11 February 2011

Jacintha Fagan of Checkhall, Massacre, one of the seven contestants who will compete in the 2011 Miss Dominica Pageant, has secured sponsorship from the National Cooperative Credit Union (NCCU).

She was officially sashed as Miss NCCU at a ceremony held yesterday at the Roseau Branch Office. President, Dexter Ducreay said that the society is excited to sponsor Ms. Fagan and offers her our full support.

According to Chief Executive Officer of the NCCU, Mr. Aylmer Irish stated that Ms. Fagan will be recorded in the NCCU’s history books for being the first ever queen contestant to be sponsored by the co-operative since its registration as a new entity on November 1, 2010.


On March 4, 2011 Ms. Fagan will be competing  at the Carnival City for the Miss Dominica Pageant crown.

(source:dominicanewsonline dd Feb. 11th 2011 re: NCCU sponsors pageant contestant

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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)

 
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