West Coast Co-operative Credit Union Ltd

Closed

West Coast Co-operative Credit Union Ltd (WCCCU), established in 2005 in Salisbury, Dominica, is financial institution focused on providing cost-effective financial services to its members. Originating from the merger of Salisbury Co-operative Credit Union Ltd. and Colihaut Co-operative Credit Union Ltd., WCCCU operates with a member-oriented approach, emphasizing cooperative principles and prudent management.

About West Coast Co-operative Credit Union Ltd

West Coast Co-operative Credit Union Ltd is dedicated to the holistic development of its membership, striving to maximize member benefits through a wide range of financial services. This includes loans for real estate acquisition, motor vehicle purchases, home improvements, furniture and appliance purchases, and holiday loans. Additionally, WCCCU offers unique programs like FARM Plus, which aids in the development of farms.

WCCCU's Financial Services and Programs

• Diverse Loan Options: Offers loans for various purposes including real estate, vehicles, home improvements, and more.
• FARM Plus Program: Specifically designed to support the agricultural sector, aiding farmers in enhancing their farm operations.
• Other Financial Services: Includes savings, money gram services, and more.

WCCCU's commitment to providing affordable and diverse financial services underpins its role as a key player in Dominica's cooperative credit sector, catering to a broad spectrum of financial needs within the community

WCCCU's History

The Salisbury Co-operative Credit Union Ltd. (SCCU) had been contemplating the idea of the merger but the Colihaut Co-operative Credit Union Ltd. (CCCU) seemed to have been more skeptical about venturing in that direction. The CCCU began harnessing the idea of the merger in May of 2001 when they passed a resolution at an Annual General Meeting (AGM) to look into the possibilities. It was in 2003 that representatives from both societies had discussions relating to the merger. The birth of what would later be known as the West Coast Co-operative Credit Union Ltd. (WCCCU) came one step closer to reality. In November of 2004, the SCCU held a special general meeting to pass a resolution accepting the merger of the two societies. The CCCU passed a similar Resolution on February 12th, 2005 at the society's 41st AGM. A steering committee with representatives from both societies was formed to look into activities leading to a merger. On the same day, a request was made to dissolve the societies. From then on the committee worked tirelessly towards the completion of the merger.

On September 25th, 2005 history was made when the West Coast Co-operative Credit Union Ltd was born. To date the WCCCU has four offices scattered on the west coast the head office in Salisbury and three branch offices located in Colihaut, Coulibistrie and St. Joseph.