The Jamaica Co-operative Credit Union League Limited (JCCUL) is the trade association for the Credit Unions of Jamaica. It is located at 2A Manhattan Road, Kingston 5. Preliminary figures show the League with assets in excess of $15 billion at the end of the year December 31, 2017, and a staff complement of approximately 30 employees. The League’s membership at the end of December 31, 2017, stood at 28 Credit Unions.
While the League provides Trade association services to Credit Unions, it has oversight responsibility for the JCCUL Group which comprises four subsidiary organisations that primarily provide a range of services to credit unions. This came about with the transformation of JCCUL on January 1, 2013.
The League’s structure includes: a 15 member Board of Directors, which hires a Chief Executive Officer who manages the day-to-day operations of the organisation and a 5-member Supervisory Committee which is responsible for ensuring the League’s compliance with policies and procedures and the effectiveness of controls at all levels of the organization.
An annual general meeting is held each year and is attended by delegates/alternate delegates from member Credit Unions as well as observers. Delegates vote on policies that affect the operations of JCCUL. Special general meetings, which are decision meetings are held with Credit Unions, as necessary.
The Group now consists of JCCUL (Trade Association), the Credit Union Fund Management Company (CUFMC), the Centralized Strategic Services Company Limited (CSS), Quality Network Co-operative (QNET) and JaMobile Payment Services Limited.