#finance · 1 year ago

Lascelles Employees & Partners CCU

Lascelles Employees & Partners Co-operative Credit Union became our new name in the 2010. The Credit Union office relocated to 236 Spanish Town Road, this change allowed current and potential membership greater access to the Credit Union as well as aided our membership drive and merger activities. The following year the Debit Card service was launched in September and as at December 2011 there were 195 debit card holders who enjoyed the convenience of remotely accessing their cash at any MultiLink location. Also, the Credit Union achieved record levels in income generation, for the first time LEPCCU broke the $70M barrier in Interest Income. We were able to successfully merge with Nestle Jamaica Co-operative Credit Union through a Transfer of Engagement, effective October 1, 2017. Our membership base grew by 480 members including our new family members from the former Nestle Jamaica Co operative Credit Union. The strength of the credit union was manifested when we received the Paul Thompson Trophy for Medium Sized Credit Union of the year award for three consecutive years 2007,2008 and 2009. Lascelles Employees and Partners Coop copped the Highest Assets Growth for the year 2012, 2015 saw us triumphing humbly as we were presented with the Paul Thompson Trophy for Medium Sized Credit Union and the Jamaica Co-operative Credit Union League Service Quality Award Runner-Up in 2017. Lascelles Employees & Partners Co-operative Credit Union has assisted its members to purchase homes, motor vehicles, furniture and educating themselves and their children. Over the years we further improved our IT platform which saw our members receiving same day transactions, access to view their accounts on our website which resulted in less traffic in the office. Some of our services include Standing Order payments, Financial Counseling and Debit Card Services. We take pride in our loan portfolio that continues to attend to the needs of our members with over 30 Products and Services. We have a strong financial and membership base, dedicated staff, a solid leadership and is committed to serving our members. Our Credit Union Outreach continued from therein until present with visits to the Bustamante Hospital for Children and the Golden Age Home. In 2016 we adopted Bailey Basic School and Peniel Basic School as we aid in the contribution to assist with the development of the nations future. We now manage total assets portfolio of over $1.1 Billion and membership of over 5,000.

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