NCCU Acquires First Domestic Insurance Company Building
The National Cooperative Credit Union Ltd (NCCU) is pleased to announce the successful acquisition of the former First Domestic Insurance Company building on King George V Street on Thursday, February 29th, 2024.
The acquisition aligns seamlessly with the institution’s strategic growth plan to increase and diversify the income stream, a major and immediate advantage at this time.
The newly acquired property’s long-term plans will see NCCU members benefiting from the launch of a corporate branch to serve as the membership’s business arm. This new branch will address the many issues of convenience raised by corporate members over the years.
In existence as the NCCU for thirteen (13) years, the Credit Union is the largest in the OECS with a membership of over 52,000. The NCCU last year revealed its new look and tagline, undertaking a major rebranding project which saw the move from the known tagline of “One Big Family” to “Your Community Financial Partner”. As the institution continues to rebrand, this new acquisition helps to solidify its commitment to serving every member of the community.
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