Subscribe for all my updates and don't miss a thing! Sign me up!

Montego Bay Cooperative Credit Union
"Serving You is What we do Best"

Sharing Is Caring! Share this awesome content with your friends now.

start_here_if_new_image_link

New! See the real Jamaica in VIDEOS!
Click Here and see why over 140,000 fans are raving about my YouTube Channel!

gateway_credit_union_montego_bay_and_hanover_credit_unions_merger

Update:  On January 3, 2017, the Montego Bay Cooperative Credit Union merged with the Hanover Credit Union and became Gateway Credit Union. See press release here.

Their new website is www.gatewayja.com.

From there you can find their new contact information as well information on their latest products, services and member benefits.

New! Ready To Visit Jamaica?

Join countless of travelers who have already unlocked the secrets to experiencing Jamaica on a budget. Click Here and find out how.

And, if you ever need a trustworthy, friendly and knowledgeable local guide, consider booking a private tour with us!


The Montego Bay Cooperative Credit Union is one of Montego Bay (and St. James) most prominent landmarks - historically and geographically.

montego_bay_cooperative_credit_unionThe old Montego Bay Credit Union logo

From its humble beginnings in 1969 - operating out of St. Pauls church on a four-hour per week basis, to it's now membership standing at over 48,000 (and assets of over $1.6 billion), the Montego Bay Credit Union is truly a huge success story.

It was formed from the amalgamation of two struggling financial entities, The St James and The St Paulโ€™s Credit Unions. It was able to capitalize on each other's gains and strengths to overcome their individual losses and weaknesses.

Today, the cooperative is a model to follow. It has a tremendous array of financial products and services that serves it's membership well. For example, in addition to the share and ordinary savings account, they also fixed deposits accounts, School Savings accounts and Term Savings products.

They also offer various types of loans, including home loans, car loans, small business loans and even furniture and appliance loans. Of course, all that in addition to their popular student loan plans.

Other of their products include standing orders, the family indemnity plan and even savings gift certificates! Personally, the institution has been of tremendous help to me. I have benefited in several ways particularly through their loan plans.

The credit union is also very active in the community. In 2009 for example, the company celebrated seventeen years of contribution to education through the Bayley-Hay Scholarship.

That scholarship, they said, has been a lifeline for many students in Western Jamaica. It is offered to students who are successful in the GSAT examination and whose parents are active members of Montego Credit Union.

The Bayley-Hay Scholarship is in recognition of one of our pioneers, the late Josiah Bayley-Hay, who gave invaluable service to the Credit Union.

They also sponsor the Montegoโ€™s Schoolsโ€™ Academic Championship Quiz which was established in 1991. The primary objective of the MCCU Quiz is to assist the education system to focus on academics and to build camaraderie and a spirit of fair play and love among the future leaders of our country.

The competition involves students from the primary, preparatory, junior high and all-age schools in the parishes of St. James, Trelawny, Hanover and Westmoreland.

The affairs of the Credit Union are managed and monitored by volunteers and staff. The volunteer corps comprises nine Directors, seven members of the Supervisory Committee and seven Credit Committee members.

The credit union is conveniently located in the heart of Sam Sharpe Square downtown Montego Bay.

Their contact information is:

6 Sam Sharpe Square
P.O. Box 885
Montego Bay, St. James,
Jamaica
Telephone: 876 952-1190
Fax: 876 952-8522
Website: www.montegocreditunion.com

Return to Jamaican Banks and Financial Institutions.

Return to My Island Jamaica Homepage from Montego Bay Cooperative Credit Union.

Posted: 09/10/2010

Reference:
http://montegocreditunion.com/credit-union-history

Pages Related To Montego Bay Cooperative Credit Union

Back to Top of Montego Bay Cooperative Credit Union

Back To The Top Of This Page

New! Get My Latest Book๐Ÿ‘‡๐Ÿฟ

JAMAICA_ON_A_BUDGET_EBOOK_COVER_LEAN

You asked, I've answered! You no longer need to save for months or years, to enjoy paradise!

JAMAICA On A Budget is your passport to experiencing what I call 'The Real Jamaica' on a budget!

I spilled the beans! sharing my top tips on finding cozy accommodations and secret gems, only the way a native could! Click Here to pick it up on my e-store and start saving now!

See The Best Of Jamaica - In Videos!

my_island_jamaica_channel_tv

My channel reaches over 140,000 subscribers worldwide and has leveraged over 11 million views, sharing, what I call 'The Real Jamaica'. Subscribe today and join our family of viewers.

Jamaica_subscribe_button

Read More ...

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

New! Experience The REAL Jamaica!
Book Your Private Tour here and experience Jamaica the way we (locals) do!


P.S. Didn't find what you were looking for? 
Still need help?

Click Here to try our dependable and effective Site Search tool. It works!

Or, simply click here and here, to browse my library of over 500 questions and answers! Chances are someone already asked (and got an answer to) your question.


copyscape
Back To The Top Of This Page

Like My Site? Please Click Here To Share It With Your Friends

Home   |   JOIN US   |   Site Search   |   Have Your Say   |   Archives   |   Old Archives   |   Contact   |   Disclaimer   |   TIP ME!   |   Link To Us


Do like I did! Share your passion
(about your city, hobby or experience) and make a living from it. Click Here to see how
.

By Wellesley Gayle   |   Copyright ยฉ 2007-2024 My-Island-Jamaica.com   |   All rights Reserved.   |   Privacy Policy