The Credit Union movement continues to monitor the impact of COVID-19 on its members. On the heels of a recently conducted member impact survey, the movement has decided on providing it members the possibility of a 3-month deferment of loan interest and principal in the first instance.
In addition, we are currently engaging our stakeholders with a view to identifying the critical and strategic sectors that need specific lines of financial support and these measures and initiatives will be announced in short order.
The participating six (6) credit unions are:
- National Coop Credit Union Ltd
- Central Coop Credit Union Ltd
- Marigot Coop Credit Union Ltd
- West coast Coop Credit Union Ltd
- Grand Bay Coop Credit Union Ltd
- St. Mary’s Coop Credit Union Ltd
Terms and conditions will apply.
Members are kindly asked to contact their credit unions for further information or contact the League’s Facebook page at www.facebook.com/dcsll
The movement continues to encourage our members to conduct their daily transactions online or with appointments and to abide by the national health and safety protocols established. Members are further encouraged to monitor the social media pages of their credit unions for regular updates.
The League will continue to work with its affiliates to ensure that they provide relevant support to their members in this period of uncertainty.
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