All members are being reminded that their continued membership in the Credit Union now requires a minimum balance of Two Thousand Dollars (J$2,000) in Permanent Shares. This represents their ownership of, or equity in the Credit Union and is in accordance with a rule that was approved at the 33rd Annual General Meeting; to enable our Credit Union to comply with the International Financial Reporting Standards (IFRS). 

“Embracing Change, Overcoming Challenges” was the theme chosen for our last Strategic Planning Retreat. The theme is a timely one to reflect upon given the current economic challenges facing the country. By the time this message goes to print, the details of the agreement with the International Monetary Fund (IMF) would have been public knowledge.  The IMF conditionalities are well known by those of us old enough to remember. As it was said in the past, so it is being said today; we must take the bitter medicine in order to become economically healthy.  It is reasonable to ask, “How long should we be subjected to the same bitter austerity medicine?”

International Credit Union Week (ICU Week) 2009

International Credit Union Week (ICU Week 2009) was celebrated from October 11- 17, under the theme “Your Money…Your Choice…Your Credit Union.” The week of activities began with a church service at the Whitefield United Church in Porus, followed by Member Appreciation Days in Christiana, Mandeville and Porus on October 14, 15 and 16, respectively.

The Manchester Co-operative Credit Union (1977) Ltd. recently donated $150,000 to the Closed to Crime Initiative spearheaded by the Manchester Chamber of Commerce.
The Credit Union sees the importance of such an initiative in helping to curb crime in the parish of Manchester. The Closed to Crime Initiative was spawned out of the concern of Chamber members who perceived a problem with the rising crime rate throughout the parish.