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Friday, 25 September 2009 |
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RCCU’s 2004 Merit Scholar, David Hodge, has added yet another achievement to his growing list. David who placed 2nd in the 2004 Common Entrance Examinations went on in June to cop the coveted award of valedictorian of the Dominica Grammar School graduating class of 2009.
Recently David was named as a top student in the CXC examinations having earned 9 ones and 1 two. David received 1s in Spanish, French, Mathematics, Information Technology, English, Integrated Science, Principles of Business, Office Administration, Social Studies and a 2 in English Literature. Congratulations David! You certainly have made RCCU proud.
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Friday, 25 September 2009 |
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On July 29, a large group comprising RCCU family--management, volunteers and staff; church officials; Government Ministers and the media traveled to the small southern community of Dubique to celebrate the 102nd birthday of RCCU’s adopted centenarian, Sidora “Sido” Alexander.
The celebration was organized by RCCU and its staff caring committee, FunCare. “Sido” was in high spirits on her special day and was particularly delighted with the rendition “Give Me My Roses” by RCCU staff member, Legal.
Among the highlights was the announcement by Government Minister, Honourable Lorraine Bannis-Roberts and Parliamentary Secretary, Peter St. Jean, that government would soon be building a new home for “Sido”. Antonia Alexander, was recognized by FunCare for the love and care provided to her grandmother, “Side” .
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Monday, 15 June 2009 |
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Reports Solid Financial Performance
The approval of a 6% dividend on Member Shares and plans to introduce an international debit card, online transactions and to amalgamate with four sister credit unions were among the highlights when members of the Roseau Co-operative Credit Union Ltd met on June 8, to review the Society’s performance for the Year 2008. The Society staged its 58th Annual General Meeting (AGM) under the theme, “Maintaining Financial Stability in a Challenging Environment.”
RCCU President, Mr. Dexter Ducreay, reported to the membership that the Society recorded solid financial performance in 2008. Assets grew by 8.12% or $19.5M which propelled total assets beyond the $1/4B mark to $259.9M. The Society recorded a surplus of $2.67M, an increase of 22.12% over 2007. Members continued to save regularly resulting in a net increase in savings and deposits of 7.8% or $16.6M. A total of 1,176 new members joined the Society steering the membership roll to 24,542.
The nominations to fill positions on the Board of Directors were accepted unopposed by the membership. Nominees Miss Rhoda Celaire, Mrs. Janice Jean-Jacques Thomas and Mr. Thomas Dorsett filled the vacant positions. Mr. Cecil Shillingford, Mr. Augustus Etienne and Miss Nadette Williams were elected to the Supervisory Committee. Newly elected members of the Credit Committee are Mrs. Julie Durand, Mr. Antoine Martin and Ms. Shirlyn Pond.
115 lucky members walked away with a total of $11,500 in prizes of $100 each from the
eagerly anticipated Lucky Bird draw which was held at the end of the meeting.
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Friday, 29 May 2009 |
In keeping with the international co-operative principle of Social Responsibility and the credit union philosophy of People Helping People, RCCU recently made donations to an individual and two organizations. Mr. Bentley Royer received $2,353 for replacing a cooker which was lost when his home in Salisbury was consumed by fire last December. The Dominica Association of Disabled People (DADP) received an increased annual subvention of $1000, and a donation of $10,000 was made to the Private Sector Foundation for Health (PSFH). The foundation assists citizens in obtaining medical care and purchases equipment for the hospitals. Equipment valued at over $400,000 has been purchased and almost $300,000 disbursed in medical grants to date. 
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Friday, 29 May 2009 |
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For a second consecutive year, RCCU has been judged Credit Union of the Year by the Dominica Cooperative Societies League. The award for 2008 was presented to RCCU President, Mr. Dexter Ducreay, at a ceremony held on May 19 at the League’s office in Roseau, Dominica. This prestigious award recognizes outstanding service and performance and reflects a commitment to service excellence and credit union best practices. RCCU members can proudly continue conducting business with their credit union knowing that it is safe, sound, stable and strong. Non-members are invited to stop by our offices to join our growing and satisfied membership
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