Marigot Co-operative Credit Union Ltd.

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Marigot Co-operative Credit Union Ltd. is a leading financial institution in Dominica's Northeast. It serves the financial needs of residents in the village of Marigot and the surrounding communities of Saint Andrew Parish.  Over the years, the organisation has grown into an economic powerhouse with assets exceeding $47 million and a membership base of over 3,000 individuals.

About Marigot Co-operative Credit Union Ltd.

Marigot Co-operative Credit Union Ltd. is a Dominica Cooperative Societies League Limited (DCSLL) member, which oversees and supports cooperative financial institutions across the island. The credit union began as a grassroots initiative led by Mr. Belgrave Robinson and a community study group. It aimed to encourage thrift and provide accessible credit options for residents.

Operating under the collaborative principles of voluntary membership, democratic control, and community focus, the credit union is committed to financial inclusion and sustainability. Its main office is in Marigot, a central hub for economic and social activities in Saint Andrew Parish, with branches in Wesley, Woodfordhill, and Calibishie. This network ensures that these communities have convenient access to financial services.

Services Offered

• Savings and Checking Accounts: Tailored to meet diverse financial needs, offering competitive interest rates and secure management of funds.
• Loan Products: Comprehensive options include mortgages, vehicle loans, education loans, debt consolidation, agricultural financing, and land loans, all designed to empower members financially.
• Online Banking: Provides members with digital access to their accounts for balance checks, member-to-member transfers, and transaction tracking, enhancing convenience.

Community Engagement

The credit union is deeply involved in community development initiatives, reflecting its cooperative values. It regularly contributes to village councils, non-governmental organizations, and schools within Dominica's Northeast. Scholarships for students and donations for community projects in Saint Andrew Parish and beyond highlight its commitment to improving the quality of life for residents.

Role in Dominica's Financial Ecosystem

The Marigot Co-operative Credit Union Ltd. plays a vital role in shaping the cooperative financial sector of the Commonwealth of Dominica. It adheres to strict governance and operational standards, ensuring transparency and trust among its members.

By offering inclusive financial solutions, fostering community engagement, and supporting local development, Marigot Co-operative Credit Union Ltd. continues to serve as a cornerstone of economic empowerment in Dominica's Northeast. Its contributions extend beyond financial services, strengthening the social fabric of communities in Marigot and Saint Andrew Parish.