What are Credit Unions?

A credit union is a non-profit financial co-operative institution, which is owned and controlled by its members. Credit unions are not-for-profit and exist to provide a safe, convenient place for members to pool their money and save in order to obtain loans and other financial services at competitive rates. A credit union operates by accepting deposits from its members and offers to them a range of financial services. Members elect a board of directors at their annual general meeting.

Hands and Globe Logo

The Credit Union Logo – “The hands, family and globe”, symbol represents credit unions worldwide. This registered trademark represents credit unions in any language. The theme is universal and conveys the image of all credit unions.

There are 25 autonomous credit unions in Jamaica.

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