Press Releases

2017

  • BPWCCUL Supporting Members' Businesses - November 28th

    Marketing Officer Tracia Pounder giving remarks at the November Members’ Market

    Marketing Officer Tracia Pounder giving remarks at the November Members’ Market

     

    Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) held their November Members’ Market on Saturday, November 25th from 8:00AM until 3:00PM. The market was located at their Belmont Branch and offered purchasing options from over 35 vendors. Barbadians were able to start their Christmas Shopping and receive great deals on jewellery, clothing, services, and arts and crafts among other items. This fun-filled day also offered activities for kids and live music by The Tamarind Rod Show.

    The BPWCCUL hosts the Members’ Market to offer a platform for their members who wish to portray their services and/or products to the public. The market is free of charge to all member vendors and creates an opportunity to help their members obtain business, especially during these economic times. Due to their overwhelming response of participants, the Credit Union is aiming to stage the market at least twice a year. BPWCCUL stated that their subscription levels were extremely high this year and as a result they will be exploring possible new venues due to the high demand from vendors.

    The Members’ Market will continue to be a tradition for BPWCCUL. The Credit Union family is here to support all small business owners to achieve their full potential.

  • Barbados’ First Financial Mobile Branch Has Arrived - November 23rd

    (L-R) Staff Member Christopher Bostic, Group Chief Executive Officer Clorinda Alleyne, President of the Board of Directors Raphael Holder and Br

    (L-R) Staff Member Christopher Bostic, Group Chief Executive Officer Clorinda Alleyne, President of the Board of Directors Raphael Holder and Branch Officer Elridge Bend

     

    Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) launched the island’s first mobile branch on Thursday, November 23rd at 10:30AM. The launch was held at the Belmont Branch, where members of the media, specially invited guests, board members and staff gathered for this historic moment.

    Branch Officer, Elridge Bend provided remarks on “The Journey of the Mobile Unit” underscoring that the Credit Union was able to develop a vehicle that was “unique, complied with the local road traffic regulations and from which we (BPWCCUL) could offer the services we desired.” He continued to explain that now BPWCCUL has cutting edge over their competitors where they can create a unique convenience for their members. Undoubtedly, the Mobile Branch is state of the art in the Barbadian market.

    The Mobile Branch can be operational seven days a week and offers a wide range of services including: New Accounts, Co-Optima ATM, Loans and Queries. Additionally, the Mobile Branch will have wheelchair access, a charging station, a 40 inch flat screen for advertisements, external speakers and microphones and free Wi-Fi, among other features.

    The Mobile Branch will be a vehicle of change as it will have the opportunity to appear at high traffic areas and areas where financial and ATM services are not readily available. Event organizers and organizations will have an opportunity to book the Mobile Branch at www.publicworkers.bb/mobilebranch. Members and the public will also be able to view the schedule of the bus on the company’s website to see the Mobile Branch’s next appearance.

    The branch team is headed by Mr. Elridge Bend, a dedicated and passionate employee of the Credit Union. The branch is a welcomed convenience for Barbadians who will be able to conduct essential banking services in a location near them.

     

  • BPWCCUL Caters to Members in St. Peter - August 23rd

    (L-R) Group Chief Executive Officer Clorinda Alleyne, President of the Board of Directors Raphael Holder and Branch Operations Officer Michelle

    (L-R) Group Chief Executive Officer Clorinda Alleyne, President of the Board of Directors Raphael Holder and Branch Operations Supervisor Michelle Charles

     

    Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) celebrated the opening of its fifth location with a ribbon-cutting ceremony on Wednesday, August 23rd, when it opened its doors for business in the St. Peter community. The opening was met with great appreciation by many members, and those eager to join Barbados’ largest locally owned financial institution.

    The newest Credit Union branch, located in Mile and a Quarter, St. Peter is a full service operation offering a complete suite of products and services including New Accounts, Teller Services, Debit Card Issue, Loan Processing, Investments and a Self Service Kiosk. The branch is a welcome convenience for members residing in the northern areas of the island who no longer have to travel into Bridgetown or Black Rock to access the Credit Union.

    The branch’s opening hours are as follows: Monday – Thursday: 10:00AM – 5:30PM. Friday: 10:00AM – 6:00PM and Saturdays 9:00AM – 1:00PM. BPWCCUL is very excited to be able to cater to its members in the St. Peter community and look forward to the added convenience and satisfaction this will provide for them.

     

  • BPWCCUL Supports Entrepreneurship Initiative - May 30th

     

    The Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL) has once again thrown its support behind entrepreneurs through a series of educational online programmes, via “Cross Talk”. The series is the brainchild of Joel Manning, who envisages that the programmes will continue to showcase entrepreneurs and their journeys toward success.

    BPWCCUL continues to give back to the community by means of such sponsorships and partnerships and is now offering a tailor-made product for small businesses, the Micro Business Loan. This would enable a certain ease of accessing funds in order to enable or maintain a small business in its start-up phase.

    Below, the sponsorship cheque being presented to Joel Manning of Cross-Talk by Charlene Mullin, Marketing Assistant, BPWCCUL.

    BPWCCUL Supports Entrepreneurship Initiative. Joel Manning of Cross-Talk by Charlene Mullin, Marketing Assistant, BPWCCUL.

     

  • BPWCCUL - Donation To Belmont Primary School - May 22nd

    Fabian Chase, I.T. Co-ordinator (L) with students of Belmont Primary School and Director of BPWCCUL, Christina John

    Fabian Chase, I.T. Co-ordinator (L) with students of Belmont Primary School and Director of BPWCCUL, Christina John (in coral jacket, R).

     

    May 22, 2017 – The Belmont Primary School has been adopted by Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL) The Credit Union has been making contributions to the school over the past months, and has done so once again; this time with a donation of equipment to the school. One of the mandates of BPWCCUL is to strengthen the minds of the future; and this is one way the institution continues to fulfill such a vision.

     

2016

  • BPWCCUL Extends A Helping Hand To St. Boniface Nursery - November 14th

    Levere Catlyn, Group Financial Controller, BPWCCUL; Mrs. Miller, Principal of St. Boniface Nursery; Clorinda Alleyne, Group CEO of BPWCCUL and I

    Left to Right, Levere Catlyn, Group Financial Controller, BPWCCUL; Mrs. Miller, Principal of
    St. Boniface Nursery; Clorinda Alleyne, Group CEO of BPWCCUL and Irwin Gibson, Manager of MIS.

     

    The Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) continues to heed the call from educational institutions across the island; this time from the little ones of St. Boniface Nursery. BPWCCUL noted that the Nursery was in dire need of equipment and therefore donated equipment and a television to the Principal and students of the school.

    After being serenaded by the children with their “Welcome Song” the Principal, Mrs. Millar gave CEO of BPWCCUL, Clorinda Alleyne, a tour of the school, after which the handover was officially completed.

     

  • Credit Union Helps To E-Volve - September 6th

    Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) has partnered with TEN Step EC Caribbean Inc. to host its annual project management one day conference.

    On 16th September 2016, TEN Step EC Caribbean Inc. will be hosting its second annual conference at the Courtyard Marriott Barbados.  This year’s seminar themed ‘e-VOLVE: Integrating Sustainability with Project Management’, will focus on topics such as technical project management and leadership.  It is targeted towards anyone in the project management field from PM office staff to IT professionals and consultants.

    Manager of Business, Facilitation and Innovation Ms. Judith Sarjeant, applauded the sponsorship stating that “BPWCCUL acknowledges and appreciates the integral role that project management plays in business practices and as such is proud to sponsor the e-Volve Project Management Seminar”.

    Additional information can be found on the official website www.tenstepec.com.

     

  • ‘Power of Choice’ Gets a Boost From Credit Union - March 21st

    The Power of Choice initiative seeks to reinforce to young persons that they always have a choice in any situation, through positive messaging.

     

     

     

     

     

     

     

     

     

    Marketing Assistant Charlene Mullin presents the donation to Errol Griffith, Managing Director of the Freemind Institute

     

    "The Power Of Choice!" is FreeMind's foundational workshop for Personal & Professional Development

    The Power of Choice initiative seeks to reinforce to young persons that they always have a choice in any situation, through positive messaging.

    Managing Director of the Freemind Institute, Errol Griffith thanked the Credit Union for supporting an initiative which sought to positively impact the minds of Barbadian youth.

     

  • Credit Union Sponsors Touch of Class Road Tennis Tournament - March 20th

     

     

     

     

     

     

     

    Marketing Assistant Charlene Mullin presents the sponsorship cheque to Public Relations Officer Juliet Worrell

     

    The Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) has come on board as a major sponsor of the upcoming Touch of Class Women’s Road Tennis Tournament.  The tournament is being hosted by the Bush Hall Road Tennis and Social Club Committee and will take place from June 6th -18th at the Deighton ‘Pa’ Roach Road Tennis Facility, Bush Hall St Michael.

    Public Relations Juliet Worrell indicated that the main aim of the tournament is to increase the national awareness of road tennis as a recreational and semi-professional sport for Barbadian women.  They also hope to foster an appreciation of the indigenous sport and increase participation in road tennis among Barbadian females.

    This year’s theme will be “Taking Our Indigenous Product to Greater Heights: A Touch of Class” and will be held in honour of Veta Batson a stalwart in sports and community work.

    The organisers of the tournament are planning to host at least one hundred and twenty-eight (128) participants, including well known players such as Kim Holder, Sandra Bailey and Chloe Brancker.

    Marketing Officer of BPWCCUL Tracia Pounder applauded the sponsorship, stating: “Road tennis is not only an indigenous sport to Barbados but it is also one of the fastest growing spectator sports in the Island.  This sponsorship comes on the heels of the recently held BPWCCUL Monarchs of the Court Road Tennis Tournament, and we hope to continue to foster the advancement of the sport locally, regionally and internationally.”

2015

  • Credit Union’s rewards customers - December 20th

    December 20, 2015 – The Barbados Public Workers’ Co-operative Credit Union has once again decided to reward its customers with prizes for the Christmas Season. Continuing into January 2016, the promotion allows both new and existing customers of the Credit Union to win various prizes, with the grand prize being a weekend staycation for two at one of the island’s top resorts.

    The first two winners were surprised at their good fortune; and were excited to collect their winnings of vouchers. Kelly Hunte, a customer of the Belmont Road Branch of the Credit Union, won a shopping voucher worth $250; while Sharmaine Bourne, a customer of the Carlton Branch, won a ham voucher, worth $200.

    “This is a way of giving back to our customers for the holidays in a tangible way,” stated Charlene Mullin, Marketing Assistant of Public Workers’. “We wanted to give to as many of our customers as possible; and this is a fun way which treats winners each week.” All entries must be submitted by January 30, 2016.

  • CUMA Re-activation - October

    The Credit Union Managers’ Association (CUMA) has officially been re-activated. This has been revealed by the new executive, made up of a cross-section of managers from across the island. CUMA is a non-profit membership organisation, which aims to serve as a bridge of communication between the public and the credit union movement; and also to highlight submissions from the management of local credit unions.

    CUMA is open to all managers of credit unions in Barbados, at all management levels; and has been lauded as an initiative which will open healthy dialogue between relevant members of society when addressing certain issues.

    Over the coming weeks, CUMA will be releasing a specific source of content from the executive, with details on membership activation and roles. Members serving on the current committee are:

    Corrine Clarke, President; Zandre Bowen, Vice President; Lucy Hall, Secretary; Antonio Arthur, Assistant Secretary; and Eric Trotman, Treasurer.

    As credit unions across the world celebrate International Credit Union Day, the re-activation of CUMA signals that the movement is moving in the right direction towards greater national dialogue and strengthened partnerships.

     

  • Barbados Public Workers’ and Capita Financial Give $50,000.00
    in aid to Dominica -
    September 21th

    September 16, 2015 – In an effort to reach out to as many Dominican credit union members as possible, in order to bring both immediate and long-term relief, the Barbados Co-Operative and Credit Union League has embarked on an initiative to give aid to the people of Dominica. One of the first credit unions to lend assistance was the Barbados Public Workers’ Co-Operative Credit Union and its subsidiary, Capita Financial Services Inc.

    The sum of $50,000.00 was recently handed over to the Barbados League, as Dominicans try to rebuild after the devastation caused by Tropical Storm Erika. According to President of the League, Barry Hunte, “We are very heartened by the ready response from Public Workers’ and Capita as this is a very significant contribution and will go a long way in providing financial and emergency relief to our Dominican brothers and sisters. The donation is in keeping with the credit union philosophy of ‘members helping members’.”

    The Barbados Co-Operative and Credit Union League has already transferred the funds to the Dominica Co-Operative Societies League Limited.

    Above, LeVere Catlyn, Acting CEO of Capita Financial Services Inc. making the presentation to Barry Hunte, President of the Barbados Co-Operative and Credit Union League, while (from L to R) Anderson Henry, 1st VP;  Paul Maxwell, Acting CEO of BPWCCUL; Athelston Catling, 2nd VP of the League and General Manager of the League, Anthony Pilgrim look on.

     

  • Credit Union Supports JCI Programme - August 12th

     

     

     

     

     

     

     

     

    Marketing Assistant Charlene Mullin presents the donation to JCI Barbados President Khaleid Holder and JCI Chairperson Kevin Payne

     

    One of the islands largest youth-led organizations has received assistance from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).  Junior Chamber International (JCI) Barbados was recently presented with a cheque from BPWCCUL in support of one of their upcoming initiatives: The Green Roots Project.

    The Green Roots Project is the 4th annual initiative seeking to educate the youth of Barbados about their environment, history and to build an awareness of the need to make Barbados a “green society” thereby meeting one of the national strategic objectives of Barbados.

    JCI Barbados president Khaleid Holder expressed his thanks to BPWCCUL for their continued support of the organisation.  Persons interested in learning more about this project can contact JCI chairperson Kevin Payne.

     

  • Credit Union Member Wins Almond Staycation - July 24th

    Winner, Cecilia Thompson, receiving her prize from Tammy-Ann Worrell, Sales and Marketing Manager of Sun Group Hotels, while Member Relations Manager, BPWCCUL, Zandre Bowen (R) and General Manager, Almond Beach Resort, Craig Smith (L) look on.

     

    As part of its membership-growth drive, the Barbados Public Workers’ Co-Operative Credit Union partnered with Almond Beach Resort to encourage Barbadians to make saving a habit. “This initiative was created so that we could reward persons for saving with us,” said Zandre Bowen, Member Relations Manager of the credit union. “A partnership with Almond was a natural fit, since we both epitomize local pride and industry.”

    The General Manager of Almond Beach Resort, Craig Smith, was on hand to present the prize to the winner, Cecilia Thompson, who immediately signed up to become a member upon seeing the promotion. “I am so elated, I can’t even express myself,” a surprised Thompson revealed. The initiative is only one of many joint ventures between the credit union and the Sun Group of Hotels as they both look towards partnering again in the future.

     

  • Junior Duelling Challenge Gets Financial Support - June 22nd

    Ravine Brathwaite of the Grantley Adams Memorial Secondary School receives a sponsorship
    cheque from Branch Operations Officer of BPWCCUL, Harriett Franklin.

     

    The Barbados Public Workers’ Co-Operative Credit Union continues to support the Junior Duelling Challenge, for the second year in a row. The Duelling Challenge is the brainchild of Chef Peter Edey and has garnered the attention of the Credit Union, since it allows youth to flourish in the culinary arts.

    A cheque for $20,000.00 was recently presented at the Chef Peter Edey’s Dining Club as a public endorsement of the series by the Credit Union.

  • Credit Union Expands to Offer Full Service Branch at Emerald City - January 24th

    When Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) opens its doors for business at its Six Roads location on Monday July 27th, it will be to its newly upgraded space in the Emerald City complex.

    The Credit Union has relocated to the area previously occupied by Republic Bank (Barbados) Ltd.  The branch is a full service operation offering a complete suite of products and services including new accounts, teller services, loans, investments and convenience services such as online banking and debit card issue.  Members in the east will now be able to access two full service ATM’s in a more spacious and private ATM bay 24 hours a day, along with a newly installed coin counter.  Other newly introduced features include a self-service station and night deposit box.  For additional convenience, teller services will also remain available inside of Emerald City Supermarket.

    President of BPWCCUL Mr. Glendon A. Belle noted that “Since the opening of the branch in 2008, there has been a steady increase in demand for our products and services at the Emerald City branch.  As a result, we identified a need for expansion to better accommodate our membership.  Our aim with this relocation is for our members to see enhanced levels of convenience, service and satisfaction.”

    Chief Executive Officer of the Credit Union Miss Clorinda Alleyne shared these sentiments stating: “With the relocation and expansion of the branch, the Credit Union has embraced technology in order to improve and enhance the service offered to its membership.  As a Credit Union, we have a responsibility to our members and our community to ensure that they have access to quality, equitable financial solutions.  This relocation and expansion is well-positioned to continue our long-standing tradition of attentive customer service and local market expertise to current and prospective members in the community.”

    The Emerald City Branch, staffed with experienced and knowledgeable professionals, is managed by Mrs. Elizabeth King, a dedicated and long-serving employee of the Credit Union.  Mrs. King is extremely pleased to have the opportunity to serve the Credit Union’s members in the new and spacious surroundings.

    The opening of the new location will be combined with the Credit Union’s annual Member Appreciation Day.  Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) is currently celebrating its 45th anniversary.

  • Strong Performance Reported  - June 20th

    Annual Meeting and Elections

    On Saturday, June 20th at the Gymnasium Ltd, Garfield Sobers Sports Complex, the membership of the Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) met with management and elected officials to review the past financial year’s performance, share an overview of plans for the next financial period and elect new officials for vacancies on the Board of Directors, Credit Committee and Supervisory Committee.

    Key Financial Highlights

    The Board was happy to report that through the hard work and commitment of its staff and Management Team, the Credit Union was able to record a number of achievements during the year.

    Assets grew from $876.6 million to $930.2 million.  This represented an increase of $6.1%

    Deposits grew by $53.3 million to reach $775.1 million at the end of the reporting period. This movement represented a 6% increase in deposits.

    Net Loans grew from $684.3 million to $746.5 million.  This represented an increase of 9.1%.

    The delinquency ratio increased slightly from 6.6 percent to 6.7 percent.

    BPWCCUL reported net income of BDS$9.6 million, which was reduced from $11 million after the newly introduced asset tax. This reflected a strong measure of success with the management of key organizational indicators given the challenges of the local and global economy.

     

    Members Share in Surplus

    One of the defining principles of co-operatives is Member Economic Participation. Members this year approved a total of $4.5 million of surplus for distribution; $1.6 million of which was paid out in interest rebate to members with other allocations made to a number of funds including the social outreach and education funds from which a number of eligible members benefit from each year.

     

    New Officials Elected

    During the meeting the following members were elected to fill existing vacancies:

     

    Board of DirectorsBro. Anthony ChristieBro. Raphael HolderBro. Matthew ThornhillCredit CommitteeBro. Terrol Inniss Supervisory CommitteeBro. Marcel Murrell 

     

    Looking Ahead

    CEO of BPWCCUL, Clorinda Alleyne thanked management and staff of the organisation, noting that the year had presented many challenges but that the organisation had nonetheless persevered. She also thanked the membership for their continued support despite the challenges that many of them would have experienced throughout the year.

    President Glendon Belle, acknowledged that the organisation had seen significant growth over the last financial year and attributed these successes to the strength of the credit union movement.  He maintained that BPWCCUL would continue to focus on sustainability, commitment to members and development of the youth going forward.

     

  • Members’ Market Day In Demand - April 24th

    Barbados Public Workers’ Credit Union Limited (BPWCCUL) has once again hosted its Members’ Market, and by all accounts it was a resounding success.  The Credit Union first conceived the idea of the Market as a way to assist its members with specific emphasis on self-employed and unemployed members.  Last year marked the start of this initiative and the Credit Union has followed through for a second year. According to President, Glendon Belle, “The Credit Union must remain true to its mandate of people helping people.  In the true spirit of the Co-operative movement, we felt compelled to take our outreach efforts to another level by sponsoring this Members’ Market Day.  This provides an avenue for our members create or grow income streams and get them into a position of self-sufficiency.“

    The Credit Union’s Belmont Road car park was transformed to accommodate the just over fifty members participating in this year’s market day, which was held on Saturday, April 25. The market featured a wide range products and services including plants, local food, desserts, jewelry, furniture and local produce. The mobile units from the Barbados Cancer Society and the Diabetes Association were also on site and performed health checks while children enjoyed a specially designated play area.

    The Credit Union’s Chief Executive Officer, Clorinda Alleyne was also on the scene to show her support of the members and said, “Notwithstanding the constraints faced due job losses and the recently imposed asset tax on Credit Unions, we are committed to seeing our members through this transition. This is just one of a number of ways to assure our members that we care.”

     

  • New Barbadian Film Production Receives our Support  - February 10th

    Barbados’ newest film Vigilante has received support from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).

    Marketing Assistant Charlene Mullin makes the presentation to Claudette Wadman and David Gill

    Barbados’ newest film production has received support from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).  Vigilante – The Crossing is the latest in a string of films produced by Barbadian production company Step by Step Productions.  It was written and directed by Marcia Weekes and stars a “who is who” of Barbadian actors including Kirk Brown, Malissa Alanna, Alison Sealy-Smith and Adrian Greene.  BPWCCUL donated to the cast’s travel expenses for the international premieres of the film.  The cheque was presented to Claudette Wadman and David Gill, both supporting cast members.  The film will be screened internationally at film festivals in Los Angeles, Atlanta and New York.

  • Credit Union Donates to Shine like A Diamond Pageant - February 4th

    Barbados’ newest pageant Shine like a Diamond has received support from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).

    Marketing Assistant Charlene Mullin presents the cheque to Roslyn Hurley & Alinda Brathwaite

    Barbados’ newest pageant has received support from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).  BPWCCUL recently made a donation to the Shine like a Diamond Pageant; which is the brainchild of Ms. Roslyn Hurley, Special Envoy for Persons with Disabilities.  The presentation was made to Ms. Hurley and her colleague Ms. Alinda Brathwaite, one of the directors of the pageant committee.

    The beauty pageant for young ladies with disabilities is being held under the patronage of the Hon. Steven Blackett, Minister of Social Care, Constituency Empowerment and Community Development.  It will cater to young ladies between the ages of 18 to 25 and will be held at the Hilton Barbados on March 22, 2015.  Candidates selected for the pageant will be evaluated in casual wear, evening wear, talent and question and answer.  Ms. Hurley expressed her hope that the pageant would transcend Barbados to the Caribbean.

     

  • Youth Sports Programme Making Strides  - February 4th

    The Youth Sports Programme at Harrisons College Barbados, received a donation from the Barbados Public Workers’ Co-operative Credit Union.Members of the High Performance Programme are now one step closer to securing new gear for their athletes.  The Programme recently received a donation from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) in support of its goal.  The donation was presented to Ann Morris whose daughter Akayla Morris is also a part of the Programme.

    The High Performance Programme is based at Harrison College and caters mainly to students from the school, but is open to all dedicated athletes from 12 years of age.  Many of the athletes have already made a name for themselves locally and internationally.  The High Performance Programme is now in the process of preparing the athletes for CARIFTA and the World Youth Championships.

    Marketing Assistant Charlene Mullin presents the donation to club representative Ann Morris

  • Credit Union Outfits Football Club  - January 8th

    Marketing Assistant Charlene Mullin presents the cheque to club representative Robert Lashley

    When a new football season starts this January, members of the Benfica Masters Football Club will be taking to the field in new uniforms and gear.  They were recently presented with a cheque by the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) to cover the cost of these items.  Benfica Masters Football Club consists of a group of senior players aged 40 and over who have won many consecutive titles at home in Barbados as well as regional competitions.  The Club has been in existence for over 15 years and is based in My Lord’s Hill, St. Michael.

  • Barbados Vagrants and Homeless Society Receives Double Donation  -  January 8th

    Staff of BPWCCUL’s Broad Street Branch with BVHS President Kemar Saffrey

    Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL) and the employees of its Broad Street branch made a twofold donation this past holiday season to the Barbados Vagrants and Homeless Society.  The donation was received by the president of the charity Kemar Saffrey.

    A portion of the donation was towards the charity’s rehabilitation programme, which seeks to re-integrate vagrants and homeless persons into mainstream Barbadian society.  Mr. Saffrey indicated that since the inception of BVHS, they had managed to reintegrate more than 90% of the client base and hopes that with these successes, even more individuals and organisations would lend their support to the cause.  This was the second donation made to BHVS by the Credit Union.

  • Credit Union Representatives Association Donates To
    Government Industrial School - 
    January 8th

    Credit Union Representative Hazel Roach makes the presentation to Ms. Riley of
    the Government Industrial School

    Members of the Association of Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) Representatives recently paid a special visit to the girls’ unit of the Government Industrial School at its Barrows, St. Lucy location.

    This was done in order to present the girls enrolled at the institution with gifts of toiletries and other lovely treats donated by the members of the Association and the Credit Union.  The presentation took place during the just past holiday season.

    This was the second donation of its kind made to the school by the group.  Chairperson of the Association Hazel Roach said that “the members of the Association were happy to be able to assist the girls’ unit a second time”; noting that it was their desire to see these girls overcome their challenges, excel and reach their full potentials in life.

    The Association of BPWCCUL Representatives was officially formed in 2006 and is made up of approximately 65 credit unionists whose main function is to promote the activities of BPWCCUL.

  • Credit Union’s Thrift Club Hosts ‘Brunch with Santa Claus’ - January 8th

    On Monday December 22nd 2014 the Barbados Public Workers’ Co-operative Credit Union’s (BPWCCUL) Thrift Club hosted its annual gift giving event under the theme: ‘Brunch with Santa Claus’.  This event is held at the organisation’s Belmont Road branch and invitations are extended to children from the surrounding community.

    Some of the children with Santa Claus

    This year, Brunch with Santa catered to approximately 150 children ranging in age from 3 years to 12 years.  On arriving, children were greeted by elves and seated in the festively transformed L. V. Harcourt Lewis Training Room of the Credit Union.  While waiting for Santa many of the children had their faces painted like the most popular cartoon characters such as Ben 10 and Spider Man and they were then served a tasty and nutritious brunch selection.  Afterwards they received Christmas themed cookies and candy canes from Santa’s helpers.  This led to the gift giving part of the event where each child visited with Santa and received a gift.  Members of the Thrift Club’s Executive Committee assisted with the gift giving and afterward Group Chief Executive Officer of BPWCCUL Clorinda Alleyne could be seen interacting with the children.

    The Thrift Club is BPWCCUL’s one-of-a-kind savings account for children between the ages of 0 - 15.  The gift giving event has been in existence for over a decade.

     

     

     

     

     

    Children with Santa Claus and their gifts

2014

  • Staff Spreads Christmas Cheer to Reynold Weekes Primary  - December 17th

    Staff of BPWCCUL’s Six Roads Branch with students from the Reynold Weekes Primary School.

    Students of the Reynold Weekes Primary School received a special visit from Santa Claus and Mrs. Claus on the last day before their Christmas holiday break.  Staff of the Barbados Public Workers’ Co-operative Credit Union’s (BPWCCUL) Six Roads branch went all out to entertain the students who were excited to see Santa make a surprise visit to their school.  Several students received wrapped gifts after which Santa and Mrs. Claus visited each classroom to greet and hand out candy to each student and their teachers.  Mr. Bishop, Principal of Reynold Weekes Primary commended the efforts of the Credit Union Staff stating that it was very encouraging to see local businesses supporting the communities around them.

  • Water Relief for Day Nursery  - December 4th

     

     

     

     

     

    Charlene Mullin, Marketing Assistant at BPWCCUL presents the cheque to Ms. Grazette,
    PTA President and Ms. Parris, Nursery Supervisor.

    The challenges faced due to regular water outages and abrupt closures have prompted the parents and staff of Grazettes Day Nursery to seek a solution to their water issues.  This led to the nursery starting a fund raising campaign for them to acquire a water tank and pumping system.  After reaching out to the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) for assistance, the nursery was presented with a donation towards their campaign.  Tracey Grazette, PTA President expressed her thanks for the donation stating that it would be a ‘great help’ towards getting the water tank purchased and installed.

  • Credit Union Employees go Above and Beyond - November 24th

    Management of the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) recently implemented a new internal program with the aim of supporting employees with their personal development goals.  Employees were encouraged to not only focus on personal development but to also determine how they could contribute to the development of the community around them.  This resulted in donations being made to several entities and individuals.

    Human Resources Manager (ag) of BPWCCUL Jameela Hollingsworth stated: “When we encouraged employees to look towards the community we didn’t know it would blossom into something so impactful.  We are extremely proud of our employees especially since they would have contributed their personal funds to these causes.”

    Donations were made to the following companies and causes:

    The Barbados Vagrants & Homeless Society

    • B’s Recycling
    • Sterling Children’s Home
    • Barbados Boy Scouts Association
    • Belmont Primary School
    • Headstart Nursery School
    • Arthur Smith School PTA
  • BPWCCUL Donates to ‘Angel Tree Program’ - November 22nd

    The Prison Fellowship of Barbados’ Christmas event received a boost in the form of a donation from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL).  The donation was presented to Brother Thomas Watts, one of the founders and directors of the organisation.  The Prison Fellowship of Barbados assists the families of those persons who have been incarcerated.  The organisation launched the Angel Tree Program in 2005 to benefit the children of these families at Christmastime.

  • BPWCCUL Hosts Seminar for Teachers - November 21st

    The Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) recently held its 3rd annual teacher’s seminar at the organisation’s Belmont Road branch.  The seminar targets teachers at the secondary school level who are responsible for teaching students about co-operatives, credit union operations and entrepreneurship.  Having recognized the importance of these topics in schools, the seminar was conceptualised by BPWCCUL as a method to provide teachers with the necessary knowledge and skills.  Topics covered over the two day period included Youth Financial Literacy, Elements of Entrepreneurship and A Historical Perspective of the Credit Union Movement.  This year’s session also saw a strategic partnership being created with the Youth Entrepreneurship Scheme (YES).  Participants were presented with certificates at the end of the seminar.

  • Credit Union Offers Support to Young Fashion Design Students - October 21st

    Twenty young fashion design students are now one step closer to their goal of having their designs displayed on the international stage after receiving assistance from the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL). The students will participate in an upcoming Fashion Incubator Program for budding Caribbean fashion designers, which is being facilitated by the Caribbean Market Center.

    Chairman of the Caribbean Market Center Rodney Powers believes that the initiative is one that can help to rebuild the garment industry, which would provide work for locals and assist with creating a new industry to drive the economy forward.

    Marketing Officer of BPWCCUL Tracia Pounder stated: “It is important to us at the Credit Union that we make investments in the local talent and youth of Barbados, whether that talent is linked to traditional or non-traditional professions”.

  • Credit Union Partners with Cave Shepherd Card for Online Payments - October 9th

    Members of Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) can now make payments directly from their Credit Union accounts to their Cave Shepherd Card.

    Once registered, members who have accounts with Cave Shepherd can also register their Credit Union account to make their monthly Card payments online.

    This announcement comes on the heels of the Credit Union’s launch of its mobile banking app and adds to the suite of mobile and online options available to credit union members including e-Statements, online banking, telephone banking and the ability to top-up their cell phones directly from their Credit Union account.

    BPWCCUL Marketing Officer Tracia Pounder stated “This partnership means even greater convenience for our members; especially those whose salaries come directly to the Credit Union. Our range of mobile and online options coupled with our debit card product means that members can complete almost all of their monthly transactions without ever having to visit a branch.” Pounder further stated that the additional benefit of members lodging their full salaries with the credit union and facilitating their monthly transactions via their account is the ability to track their monthly spend and make adjustments accordingly.

    Cave Shepherd Card Services Director Alison Browne-Ellis is also very pleased to have BPWCCUL added to the platform stating “With the introduction of BPWCCUL as an additional online payment option, we have successfully enhanced our payment channels to our Cardholders. Our CS Online Service currently allows flexible, convenient and secure access to account information along with the ease of payment options from the designated bank account or now the BPWCCUL account. Additionally, the Unit has recently launched its eStatements initiative, a move to significantly reduce the need for paper statements and to reduce our carbon footprint. All in an attempt to provide all rounded services to our Cardholders.”

  • Credit Union Launches New Mobile App - September 2nd

    Tracking finances just got a little bit easier for members of the Island’s largest indigenous financial institution.  The Barbados Public Workers Co-operative Credit Union officially launched its new Co-Optima Mobile App on September 1st 2014.  The Mobile App joins the Credit Union’s list of Co-Optima branded services such as Online Banking and Telephone Banking, all of which are provided free of charge to its membership.

    Co-Optima Mobile allows Credit Union members to:

    • Check account balances
    • Confirm account transactions
    • Transfer money within their Credit Union account
    • Pay Credit Union loans
    • See spending pattern graphs
    • View News and Updates
    • Find Branch/ATM locations

     

    The Co-optima Mobile App can be downloaded from the iPhone App Store, Google Play Store and Blackberry App World (version 7.0 or older).  Members must first be registered for Co-Optima Connect Online Banking in order to use the App.  Sign up for Co-Optima Connect Online Banking is quick and easy and can be done by visiting any of the Credit Union’s four branches with a valid form of identification.  Additional information about the Mobile App can be obtained by contacting the Credit Union’s Contact Center at 430-5200.

  • Credit Union Summer Camp Deemed a Success - August 11th

    The 2014 Thrift Club Summer Camp has come to a close, culminating what the campers agree to have truly been “A Summer to Remember”. The Camp, which was held at the Ellerslie Secondary School, was fully subscribed, with the participation of children between the ages of 4 to 16. Participants enjoyed several workshops which included learning the steel pan, pottery making, imaging and preparation for the world of work; and field trips to Chefette, District A Police Station and even a guided tour across the island with the Island Safari jeeps.

    As she presented Thrifty to the audience, Marketing Officer of BPWCCUL Tracia Pounder stated that there were tremendous financial challenges with ensuring that the Camp was a success, but that the Credit Union was committed to the needs and development of young people; and would continue to honour such a commitment in spite of any challenges encountered.

    Also addressing the audience at the Closing Ceremony, BPWCCUL director Kerry-Ann King stated: “In this day of social media and a lack of physical interaction, such initiatives are extremely important; and we at the Credit Union realize the need for proper socialization and integration for our children”. There was a very personal approach to each member of the Summer Camp; and parents at the Closing Ceremony were urged by the Camp Director Angela Greene during her Camp Report to “be an inspector, police officer and landlord. Know who your children’s friends are. Know what they’re taking in their backpacks to school; and ensure that none of their doors are locked in the house, so that you know what they are doing at all times”.

    One of the main highlights of the Closing Ceremony was the unveiling of the Thrift Club Mascot: Thrifty. In the shape of a dollar-coin and with colours mirroring the branding of BPWCCUL, Thrifty represents frugality and financial prudence. Thrifty, is a manifestation of a character from the book written by Veoma Ali titled “Thrifty Saves the Day”; which was launched last year by the Credit Union. The Mascot will be used by the Credit Union as part of its ongoing outreach programme to teach children key aspects of financial literacy.

    Barbados Public Workers’ Co-operative Credit Union Limited BPWCCUL - Thrift Club Camp Member of Staff – Tracia Pounder

     

     

     

     

    Marketing Officer of the BPWCCUL, Tracia Pounder, addressing parents at the Closing Ceremony at the Ellerslie Secondary School.

  • CAPITA Financial Brokers New Health Plan for Credit Union Members - August 1st

    On Saturday May 31 the Board and Management of the Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL) held its annual event at the Accra Beach Hotel to celebrate the commitment and achievements of its Representatives Association.

    President of the Association Hazel Roach, outlined the strategic plan for the upcoming year and stated that there were many changes to come going forward.  She then emphasized to those in attendance that ‘service was just love in work clothes’.

    In his address, President Glendon A. Belle thanked the Representatives for their commitment and applauded them for their loyalty to the cause of promoting the Credit Union’s products and services.  He urged them to reevaluate their roles within the changing environment and also promised that they would be provided with the resources needed to respond to some of the changes occurring.

    Mr. Belle reaffirmed the Credit Union’s commitment to its community, reflected by the many initiatives implemented over the previous year.   These included the Thrift Club School Savings Program, the rollout of the new Student Loan product and the We Can Help initiative.   He also noted that subsidiary Capita Financial Services Inc. had again demonstrated a solid performance as compared to the previous year.

    In closing, Belle invited the Representatives to “approach your relationship with our Credit Union with a renewed energy and focus” and thanked them for their support in the past and in the months ahead.”

  • Credit union representatives lauded for commitment - July 4th

    On Saturday May 31 the Board and Management of the Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL) held its annual event at the Accra Beach Hotel to celebrate the commitment and achievements of its Representatives Association.

    President of the Association Hazel Roach, outlined the strategic plan for the upcoming year and stated that there were many changes to come going forward.  She then emphasized to those in attendance that ‘service was just love in work clothes’.

    In his address, President Glendon A. Belle thanked the Representatives for their commitment and applauded them for their loyalty to the cause of promoting the Credit Union’s products and services.  He urged them to reevaluate their roles within the changing environment and also promised that they would be provided with the resources needed to respond to some of the changes occurring.

    Mr. Belle reaffirmed the Credit Union’s commitment to its community, reflected by the many initiatives implemented over the previous year.   These included the Thrift Club School Savings Program, the rollout of the new Student Loan product and the We Can Help initiative.   He also noted that subsidiary Capita Financial Services Inc. had again demonstrated a solid performance as compared to the previous year.

    In closing, Belle invited the Representatives to “approach your relationship with our Credit Union with a renewed energy and focus” and thanked them for their support in the past and in the months ahead.”

  • Credit Union sponsors Prefect Seminar - July 1st

    On Monday June 23rd the Princess Margaret Secondary School was presented with a cheque in support of the school’s Prefect Seminar scheduled for September of this year. The Seminar will give the prefects the opportunity to gain knowledge from various professionals on topics such as leadership, guidance and counselling. The agenda will also include interpersonal skills, communication and conflict resolution.

    The Princess Margaret Secondary School (PMSS) was the first to enroll in the Barbados Public Workers’ Co-operative Credit Union (BPWCCUL) Thrift Club School Savers programme which was launched in 2013. The programme was created by BPWCCUL as a way to introduce students to the concept of finance and to help them understand the fundamentals of saving. Since the launch, the programme has been an active one and BPWCCUL has had the opportunity to recognize the largest and most frequent savers at the School.

    BPWCCUL is not only keen about encouraging the financial literacy among students at the PMSS but has been on tour to several other schools at the primary and secondary level. Additional schools enrolled in the programme to date include Westbury Primary School and Chalky Mount Primary School. A team from BPWCCUL has also been visiting several primary schools around the Island to do a book reading of “Thrifty Saves the Day”, written by Veoma Ali, and published by BPWCCUL. Children are introduced to the concept of saving and are also given the opportunity to join the Thrift Club. Afterwards each student is presented with a personal copy of the book.

    So far the team has visited St. John’s Primary, St. Margaret’s Primary, St. Mark’s Primary, Arthur Smith Primary, Wills Primary and Chalky Mount Primary.

    Your School could be next. If you are interested in the Thrift Club School Savers programme or the “Thrifty Saves the Day” school tour, please contact the Marketing Department of the Barbados Public Workers’ Co-operative Credit Union.

     

  • Post AGM - June 25th

    BPWCCUL maintains a stable delinquency record despite economic challenges faced by members

    The Barbados Public Workers’ Co-operative Credit Union Limited recorded delinquency of 6.6% for the financial year ended March 31, 2014. The focused efforts of an internal team led by the Credit Risk Officer, coupled with early intervention to assist members impacted by unexpected lay-offs, were key to this achievement. So said Chairman of the Credit Union’s Board of Directors, Mr. Glendon A. Belle at the Credit Union’s AGM held last Saturday June 21, 2104 at the Lloyd Erskine Sandiford Centre.

    While it is recognized that in the current fiscal period the Credit Union may well be challenged to contain delinquency, given increased unemployment levels, the Credit Union remains committed to continued member engagement and assistance through its range of debt management options.

    Mr. Belle also reported on several member focused initiatives including the, ‘We Can Help’ initiative launched to assist retrenched government workers, the new Student Loan facility, the Thrift Club School Savers Programme, the Members Market and an increase in appropriation to the Social Outreach Fund. In addition, the Chairman of the Board of Directors indicated that exploratory talks have begun in relation to micro business lending – an initiative which would provide financial assistance to members who are business owners.

    The Board of Directors was happy to report that notwithstanding the current economic climate the Credit Union’s financial position and that of its subsidiary remains strong, with assets for the BPW Group increased by 6.9% and growth in deposits and loans increased by 8.64% and 6.25% respectively. Capital adequacy ratios were reported to be above the minimum capital requirements and total equity increased to $96.6 million.

    The Group reported a net surplus of BDS $11.1 million.

  • Credit union supports worldskills 2014 - March 18th

    Here, Group Human Resources Manager of BPWCCUL presenting Executive Director, TVET Council,
    Henderson Eastmond with the sponsorship cheque.

    The WorldSkills Barbados Competition 2014 hosted by the Technical and Vocational Education and Training (TVET) Council has been recently highlighted and Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) is proud to have been a sponsor of the competition. At the opening ceremony, Group Human Resources Manager, Tania Nicholls reiterated that the ethos of the Credit Union was brought to life through this sponsorship. “Joining this initiative with the TVET Council allows our mission to be achieved, through enhancing the well-being of our members,” she stated, carefully highlighting the self-mandated, social obligation of BPWCCUL. She also noted that the Credit Union also takes efficiency, training, testing and assessment seriously and this was another shared value which aligned WorldSkills 2014 with the Credit Union itself.

2013

  • ATM Fraud News Release

    Reassurance from Credit Union on the Recent ATM Fraud

    In light of the recently reported case of ATM robberies the Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) is happy to report that none of the Credit Union's ATM machines were breached. The Credit Union also wishes to reassure its members that it's custodians have increased the number of daily checks on ATM’s, cameras and devices in and around the areas of the machines.

    Member Relations Manager, Mr. Zandre Bowen in a statement on the matter said "This is not the first time such robberies have occurred in Barbados, we continue to remind you to be vigilant when using ATM’s, to take precautionary measures such as covering the keypad when entering your Personal Identification Number (PIN) and to report any irregularity you may notice.

    Formal procedures are in place to address the specific matter of ATM fraud; and all financial institutions that issue ATM cards have adopted these procedures.

    Barbados Public Workers’ Co-operative Credit Union Limited continues to reassure you that while investigations are taking place across the island, we are also working assiduously to ensure the safety of all funds in our care.”

    Card holder Safety Tips

    1. If you suspect that you have been a victim of ATM fraud, please call us immediately at 430 5200. Our Contact Centre Agents will be able to guide you through the process.

    2. It is important that you monitor your account as often as possible, keep your receipts and balance statements safely. By signing up for our free E-Statement service you will get your statements monthly as opposed to quarterly with paper statements. These easy to download files can be filed electronically for quick, easy reference.

    3. With our free online banking or telephone banking service you will be able to check the status of your account from anywhere, at any time. You may visit our website at www.publicworkers.bb for more information, come in to any of our four branches or call us at 430-5200 to find out how to sign up for these free services.

    4. Ensure that your PIN is not shared with anyone

  • Barbados' new-look banknotes

    Central Bank Issues New Barbados Banknotes

    Barbados’ new-look banknotes, the first
    design change since 1973, will go into
    circulation tomorrow. The Central Bank
    first unveiled the new designs last
    month, explaining that the new notes
    will have more advanced security
    features and a design that reflects
    Barbados’ status as a modern nation.

    “As a symbol of our new status, we have introduced notes that are as modern as the latest technology can make them. These notes are our declaration of intent; we recognise that, having reached this advanced level of human development, we must cross swords with the best in the world and prevail, in order to maintain our forward momentum. That is why we have spared no effort in making our new notes the best they can be: The design is appealing, yet classy, the security features incorporate the most up-to-date technologies,” Governor Dr. DeLisle Worrell commented.

    All denominations have retained their colour and the portraits on the front are unchanged.

    Overall, though, the notes have a new look and feel. The backs of the notes now feature six different images, each linked to the portrait on the front. For John Redman Bovell, a pioneer of the sugar industry, the $2 has a vignette of Morgan Lewis Windmill. The $5, which has the portrait of former West Indies cricket captain, Sir Frank Worrell, has 3Ws Oval, and the $10 portrays Charles Duncan O’Neal Bridge. In honour of the Right Excellent Samuel Jackman Prescod, the first coloured man in the House of Assembly, the $20 bears a vignette of one of the Parliament buildings. The $50 depicts Independence Square, including the statue of the Right Excellent Errol Barrow; and the $100 honours the Right Excellent Sir Grantley Adams with a view of the Grantley Adams International Airport.

    Raised marks to help the visually impaired identify the different denominations have now been placed on the top left of the note: one dot represents the $2 note, two dots the $5, three dots the $10, and so on.

    The map of Barbados watermark, which has been found on all denominations since 1973, has been replaced by six distinct watermarks – the image of the person featured on that denomination’s portrait. Below the main watermark is a second, smaller one that shows the note’s value in numbers. Both watermarks can be seen on the left side of the note when it is held up to the light.

    The security thread on the lower denominations - $2, $5 and $10 – remains the same wave-like silver line that is on current banknotes, but the $20, $50 and $100 have a new wide thread that changes from red to green when the note is tilted. Both types of thread weave in and out of the paper and have “CBB” and the denomination printed on them. For all denominations, when the note is held up to the light, the thread becomes a complete line from the top to the bottom of the note.

    Under ultraviolet light, the waves in the centre of the $2, $5 and $10 glow and tiny fibres spread throughout the note fluoresce blue-yellow-blue. On the $20, $50 and $100, the waves fluoresce two different colours – pink and green on the $20, green and yellow on the $50, and yellow and green on the $100 – and tiny fibres glow pink.

    On the right side of the two highest denominations, holograms have replaced the foil patches that were used previously. On the $50, the dominant image is the pelican, while on the $100, the principal image is the heraldic dolphin. Both denominations feature broken tridents, Pride of Barbados flowers and the note’s denomination as background images.

    Despite the introduction of the new notes, Barbadians can continue to use banknotes from previous series. “Older notes will remain in circulation. They are legal tender, so banks, supermarkets, stores… everyone can and should continue to accept them,” clarified Octavia Gibson, Deputy Director, Currency.

    Since the launch of the new notes on May 2, the Central Bank has been hosting sessions to familiarise Barbadians with the new designs and security features. The Bank will continue these educational promotions, including at BMEX.

    The public can also call 227-8138, 227-8218, 227-8114 or 227-8270 or visit the Bank’s website www.centralbank.org.bb for more information on the new banknotes. Queries can also be sent to newnotes@centralbank.org.bb

  • Princess Margaret School first in Credit Union Rollout

    Princess Margaret School first in Credit Union Rollout

    Over twenty students at the Princess Margaret Secondary School are now members of the Barbados Public Workers’ Co-operative Credit Union Limited. The students, ranging from first to fourth form, have all joined through the Credit Union’s newly launched Thrifty School Savers Programme. While Princess Margaret can boast of being the first school in the programme, Credit Union President, Mr. Glendon A. Belle, announced that there are other schools earmarked for launch shortly.

    Students will benefit from financial advice and counseling, bonus savings credits and other incentives from the Credit Union. The programme is supported by four volunteer teachers and has been given the stamp of approval by the school’s Principal, Mr. Wayne Willock.

    At the official launch ceremony held on the school compound, Willock proudly congratulated the students on being a part of a positive milestone for the school.

    Attending the lunch-time ceremony were Credit Union officials including President, Glendon A. Belle; School Principal, Wayne Willock; Ministry of Education Representative, Celeste Clarke-Cox;
    members of the press and the new student  members. The members were treated to a catered lunch and presented with their membership cards and Thrift Club branded tokens.

  • Credit Union Representatives Critical to Success and Growth

    Credit Union Representatives Critical to Success and Growth

    On Saturday March 16, just over 40 Credit Union Representatives gathered at the Accra Beach Hotel for a recognition event hosted by the Board and Management of Barbados Public Workers’ Co-operative Credit Union Ltd. (BPWCCUL).

    The event is held annually to formally recognize the contribution of these volunteers who sign-up to give of their time to promote the Credit Union’s products, services and philosophy. The ever expanding field of Department Representatives is spread across many industries and sectors in Barbados and it is the aim of the Credit Union to have a representative in every organization—public and private—to continue to spread the Credit Union’s message.

    In his address, President Glendon A. Belle updated the group on the Credit Union’s initiatives and achievements for the year. Among these were the launch of the Thrift Club Facebook page, the Perfect Union Wedding Registry product (the first of its kind in Barbados) and the impending launch the Thrift Club Schools Savings Programme.

    He noted the reduction in loan rates to provide some alleviation to members in the face of tough economic circumstances. These rate reductions were made on the seasonal lines-of-credit offered during the Backto-School and Christmas periods as well as on Mortgages.

    He also highlighted the Credit Union’s support of wholesome family activities citing the partnership with Gospelfest, participation in the recently-held Agrofest Expo and the much anticipated annual public Christmas Concert in Independence Square.

    The update on the Credit Union’s expanding branch network was received with rousing applause as Belle indicated that the Black Rock branch opened in December last year has already exceeded expectations for new members, loans and deposits. He further added that the Credit Union would very shortly be announcing the expansion of its Emerald City operation to include a Loan and Mortgage Centre.

    In closing, Belle underscored the importance of the Credit Union Representatives saying “In the face of all the technology, social media and new age marketing solutions, the involvement and testimony of the Credit Union Representative is more critical now than ever.”

Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) logo
This is where you belong BPWCCUL

Call us: (246) 430-5200

Toll-free 1-866-800-6146

UK Freephone 0808-234-1327

Fax: (246) 437-8745

E-mail: contact@bpwccul.bb

This is where you belong

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