Community First Cooperative Credit Union hosted its Special General Meeting virtually on February 27, 2025, where members received the presentation of the 2022 Financial Statements. President Yannick Gordon, who served as Treasurer in 2022, delivered the presentation.
The report highlighted asset growth of 13.21% to EC$375,021,385; membership growth of 5.89%; savings growth of 13.27% to EC$316,034,251; and a 12% increase in the loan portfolio to EC$283,514,689. CFCCU recorded a net surplus of EC$5,491,223.
The Board of Directors also declared a 10% dividend payout, with total payments exceeding EC$800,000. CFCCU thanks its members for their continued confidence and encourages investment in permanent shares to further strengthen the cooperative.
