Vision & Mission

Vision & Mission


JCCUL is an innovative, member-centric and technology-savvy employer of choice, facilitating and enabling Co-operatives to be at the forefront of financial inclusion in Jamaica delivering J$10 Billion worth of value to its 1.5 million members.


The Credit Unions of Jamaica was born out of servitude and we are committed more than ever to serving our members. OUR MISSION:

  1. To improve the quality of life through financing economic independence of members.
  2. To provide a high level of financial services to members.
  3. To offer competitive financial services to members.
  4. To offer responsible advice to members in order to secure their savings and investments.
  5. To perform with integrity in conformity with the Co-operatives Society Act and regulations.
  6. To respond to the needs of the community within the frame work of the co-operative structure.

Co-operative Principles

The spirit of Credit Unions is synonymous with the spirit of co-operation. All Credit Unions throughout the world are Financial Co-operatives and operate according to the seven (7) cooperative principles outlined below:

  • Open and Voluntary Membership
    Credit Unions are voluntary, Co-operative organizations, offering services to people willing to accept the responsibilities and benefits of membership regardless of race, religion, gender, political or economic circumstances. Credit Unions also operate as not-for-profit financial institutions with volunteer Board of Directors.
  • Democratic Member Control
    Credit Unions are democratic organizations owned and controlled by their members, who actively participate in setting policies and making decisions. Each member of a Credit Union is an equal owner of that credit union and is entitled to one vote at the annual general meeting, regardless of how much money he or she has saved in the credit union. 
  • Members’ Economic Participation
    Members contribute equitably to, and democratically control the capital of the credit union. 
  • Autonomy and Independence
    Credit Unions are autonomous, self-help organizations controlled by their members. If the Credit Union enters into agreements with other organizations, including governments, or raise capital from external sources, it is done based on terms that ensure democratic control by the member and maintains the credit union autonomy.
  • Education, Training, and Information
    Credit Unions provide education and training for members, elected representatives (directors/trustees), CEOs/GMs, and employees so they can contribute effectively to the development of the credit union. Communications about the nature and benefits of cooperatives, particularly with the general public and opinion leaders, help boost cooperative understanding.
  • Cooperation Among Cooperatives
    Credit Unions serve their members most effectively and strengthen the Credit Union Movement by  working together through local, national, regional and international structures.
  • Concern for Community
    Credit Unions work for the sustainable development of communities, through policies developed and supported by the members.