Eastern teams up with Kingston Credit Union

TWO OF the Caribbean’s leading financial co-operatives are in the process of establishing a strategic partnership, based on their common experiences in effectively servicing their thousandss of shareholders.

They are Jamaica’s City of  Kingston Credit Union (COK) and the Eastern Credit Union of Trinidad (ECU). Both organisations have respective memberships of thousands. In the case of COK, it has 160,000 members with three locations in Greater Kingston/Jamaica. ECU’s membership stands at well over 91,000. Last Thursday, the Chief Executive Officer of the Kingston body, Brenda Cuthbert met in Trinidad with the President of the ECU, Gary Cross and the Executive Management of ECU, to discuss areas of mutual collaboration.

Cuthbert revealed that her organisation’s credit administration outreach activities, product development and technological innovation, may be invaluable in developing a bilateral relationship with ECU. Eastern’s President, Gary Cross lauded the move by the two major financial co-operatives to forge ties as a milestone, in the Caribbean integration process for ordinary people. He stressed that an exchange of human resources will solidify the initiative. A team from the COK Credit Union will soon be visiting Trinidad and Tobago, to look at Eastern’s Call Centre operations. To match this move, a Trinidad and Tobago mission from Eastern Credit Union will visit Jamaica, to examine the Credit and Reecoveries practices of their counterparts in Jamaica.