EDUCOM CO-OPERATIVE CREDIT UNION LIMITED

EDUCOM CO-OPERATIVE CREDIT UNION LIMITED

The UWI Mona and Community Co-operative Credit Union was founded in 1954 by the staff of the University of the West Indies, Mona with only two shillings and was then called University Staff College Co-operative Credit Union. The primary purpose of the Credit Union was to afford housing solutions for its members in the surrounding communities of Mountain Terrace and Nannyville Housing Scheme. The Credit Union before the merger served employees, students and alumni of the University of the West Indies and the University of Technology as well as their relatives. Staff and students of other institutions within neighbouring communities, staff of businesses and residents, within the neighbouring communities and their relatives were also eligible for membership at UWI Mona and Community Co-operative Credit Union.

Association of Assistant Masters and Mistresses, AAMM was conceived in 1960 as a vehicle to assist teachers to gain access to credit facilities which were difficult to obtain from more traditional financial institutions. Like the UWI Mona Co-operative Credit Union, AAMM started from humble beginnings with only One Hundred and Sixty Eight pounds in share capital. Prior to the merger AAMM served teachers and their families.

AAMM and UWI Co-operative Credit Unions merged their operations on April 1, 2015 and realized the birth of EduCom Co-operative Credit Union Limited. In 2016, as EduCom sought to expand and grow, they  merged with St. Catherine Co-operative Credit Union Limited, SCCUL, to acquire their operations on January 1, 2017. 

EDUCOM is a member of the Jamaica Co-operative Credit Union League, the trade association representing the interests of Credit Unions in Jamaica.

Click the links below to learn more about this amazing Credit union and its services:

Https://educomco-op.com/

Who May Join

• Any person 16 years or older who attended a secondary school. 
• Individuals living or working within a ten kilometer (10 km) radius of an EduCom branch. 
• Trainee, current and former teachers of any recognized educational institution. 
• All students (current and former), employees or former employees of secondary and post-secondary, inclusive of tertiary  level educational institutions. 
• Current and former employees of: EduCom, any recognized educational Institution, The Ministry of Education and its  agencies and Government owned/grant aided educational institutions. 
• Anyone who lives, works, having investment or does business within the parish of St. Catherine. 
• All family members in the categories of 1 to 6 inclusive of children, stepchildren, adopted children, grandchildren, parents,  spouses, siblings, aunts, uncles, nieces, nephews, cousins and grandparents.