Caribbean Confederation of Credit Unions Hosts Quarterly Board Meeting In Nassau, The Bahamas

Wed, Jan 8th 2025, 11:06 AM

The Caribbean Confederation of CreditUnions (CCCU), representing 18 countries including Anguilla, Antigua & Barbuda, TheBahamas, Barbados, Belize, Bermuda, Cayman Islands, Curacao, Dominica, Grenada,Guyana, Jamaica, Montserrat, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, and Trinidad & Tobago, convened its quarterly Board Meeting in Nassau, The Bahamas.This meeting, held from December 4 to December 6, 2024, reflects the CCCU’s ongoing commitment to fostering collaboration and engagement across its member countries. Aspart of its mission, the CCCU Board regularly conducts its quarterly meetings in various locations throughout the Caribbean region.

During their time in The Bahamas, the CCCU Directors met with key stakeholders,including Regulators, and local Credit Union Management and Officials, to discuss thecontinued development and progress of the credit union movement.

A significant highlight of the visit was the Bahamas Co-operative League Limited’spresentation of a donation for hurricane relief to the Caribbean Confederation of CreditUnions, aimed at assisting Caribbean countries affected by the recent hurricane. Thefunds have been allocated to the CCCU’s relief pool, ensuring that credit unions in theaffected areas receive the necessary support. Credit Union members in those areas willdirectly benefit from the funds. This humanitarian effort underscores the CCCU’sdedication to supporting its members in times of need.

Key Visits During the CCCU Board Meeting in The Bahamas:
On December 5, 2024, the CCCU delegation conducted a series of impactful visits:

- Teachers & Salaried Workers Co-operative Credit Union Limited
- Bahama Islands Co-operative Credit Union Limited
- Central Bank of The Bahamas

A courtesy call to Central Bank Governor John Rolle was a pivotal part of their itinerary.The meeting highlighted the importance of strengthening ties between the CCCU andfinancial regulators to ensure the continued growth and stability of credit unions in theregion.

The CCCU’s visit to The Bahamas serves as a testament to their mission of enhancingcooperative financial solutions throughout the Caribbean. The organization remainscommitted to fostering sustainable development, promoting financial inclusion, andproviding relief in times of crisis.

The Caribbean Confederation of Credit
Unions (CCCU), representing 18 countries including Anguilla, Antigua & Barbuda, The
Bahamas, Barbados, Belize, Bermuda, Cayman Islands, Curacao, Dominica, Grenada,
Guyana, Jamaica, Montserrat, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines,
and Trinidad & Tobago, convened its quarterly Board Meeting in Nassau, The Bahamas.
This meeting, held from December 4 to December 6, 2024, reflects the CCCU’s ongoing
commitment to fostering collaboration and engagement across its member countries. As
part of its mission, the CCCU Board regularly conducts its quarterly meetings in various
locations throughout the Caribbean region.
During their time in The Bahamas, the CCCU Directors met with key stakeholders,
including Regulators, and local Credit Union Management and Officials, to discuss the
continued development and progress of the credit union movement.
A significant highlight of the visit was the Bahamas Co-operative League Limited’s
presentation of a donation for hurricane relief to the Caribbean Confederation of Credit
Unions, aimed at assisting Caribbean countries affected by the recent hurricane. The
funds have been allocated to the CCCU’s relief pool, ensuring that credit unions in the
affected areas receive the necessary support. Credit Union members in those areas will
directly benefit from the funds. This humanitarian effort underscores the CCCU’s
dedication to supporting its members in times of need.
Key Visits During the CCCU Board Meeting in The Bahamas:
On December 5, 2024, the CCCU delegation conducted a series of impactful visits:
- Teachers & Salaried Workers Co-operative Credit Union Limited
- Bahama Islands Co-operative Credit Union Limited
- Central Bank of The Bahamas
A courtesy call to Central Bank Governor John Rolle was a pivotal part of their itinerary.
The meeting highlighted the importance of strengthening ties between the CCCU and
financial regulators to ensure the continued growth and stability of credit unions in the
region.
The CCCU’s visit to The Bahamas serves as a testament to their mission of enhancing
cooperative financial solutions throughout the Caribbean. The organization remains
committed to fostering sustainable development, promoting financial inclusion, and
providing relief in times of crisis.
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