Founders & Keepers

Recollections and reflections is a collection of memoirs of some key persons who have been part of the credit union movement since its beginning in Jamaica in 1939, and those who have nurtured the movement and watched it grow to become a major player in the Jamaican financial sector. The book begins with Father Francis Osborne’s recollections of the work of the stalwart Father Peter John Sullivan who came to Jamaica as a Jesuit priest in 1939. Father Sullivan was truly concerned about the plight of the working classes and felt an obligation to serve them. This was a time when poor people lived at the mercy of loan sharks, who charged exorbitant rates on the loans that workers were obliged to undertake, as their wages were not sufficient to maintain their families. Father Sullivan was assigned to be the director of the Catholic Young Men’s Sodality (CYMS) at Holy Trinity Cathedral in Kingston, and there in a classroom at St George’s College, began his deep involvement in the establishment ofthe credit union movement.

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