City of Kingston Credit Union
Title
City of Kingston Credit Union
Description
"Chevannes honoured: The new offices of the City of Kingston Credit Union named in honour of the one of its founders and former manager, Paul Chevannes, has been officially opened and is now fully operational.
The building, acquired at a cost of just over $300,000, formerly housed the Wills Battery Company and the National Insurance Scheme at 66 Slipe Road.
The city of Kingston Credit Union has achieved a membership of 15,000 since it was registered as a co-op society in October, 1967. With assets in excess of $8 million, the credit union was forced to relocate from its Beechwood Avenue premises, to its present site in the heart of Cross Roads from which it can more effectively service the needs of a membership open to residents and workers of the City. The spacious and modern two-storey headquarters accommodates the staff of 23.
Mr. Benjamin Grant is Manager of the CU, while Mr. Chevannes has been assigned the portfolio of marketing and training.
In 1979, the City of Kingston Credit Union record a 34.9 per cent increase in membership over 1978 and shares rose by 82.1 per cent the same period.
The Credit Union's $5 million loan portfolio has met the needs of members in the areas of education, housing, transportation and business ventures.
Some 300 members, credit union leaders and well-wishers attended the opening ceremony and dedication of the new building, which was chaired by the President of the Board, Mr. Keith Campbell."
The building, acquired at a cost of just over $300,000, formerly housed the Wills Battery Company and the National Insurance Scheme at 66 Slipe Road.
The city of Kingston Credit Union has achieved a membership of 15,000 since it was registered as a co-op society in October, 1967. With assets in excess of $8 million, the credit union was forced to relocate from its Beechwood Avenue premises, to its present site in the heart of Cross Roads from which it can more effectively service the needs of a membership open to residents and workers of the City. The spacious and modern two-storey headquarters accommodates the staff of 23.
Mr. Benjamin Grant is Manager of the CU, while Mr. Chevannes has been assigned the portfolio of marketing and training.
In 1979, the City of Kingston Credit Union record a 34.9 per cent increase in membership over 1978 and shares rose by 82.1 per cent the same period.
The Credit Union's $5 million loan portfolio has met the needs of members in the areas of education, housing, transportation and business ventures.
Some 300 members, credit union leaders and well-wishers attended the opening ceremony and dedication of the new building, which was chaired by the President of the Board, Mr. Keith Campbell."
Subject
Corporate credit unions; Corporate credit unions - Jamaica; Credit unions; Credit unions - Jamaica
Creator
Harvey, Errol
Date
Dec-1980
Source
NLJ Photograph Collection IN: Daily News Collection - Credit Unions, Ja.
Identifier
D0011812
Acc. no.: 34216
Acc. no.: 34216
Rights
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Payment of the usage fee does not constitute, and should not be viewed therefore, as permission by copyright holder to reproduce works that are copyrighted. Users are responsible for determining if the use they intend to make, invades copyright, rights to privacy, or other rights.
Format
JPEG
Type
Photograph
Collection
Citation
Harvey, Errol, “City of Kingston Credit Union ,” National Library of Jamaica Digital Collection , accessed October 30, 2024, https://nljdigital.nlj.gov.jm/items/show/10813.