Functions and Responsibilities
Growth and Welfare of Credit Unions
Foster the growth and welfare of Credit unions both by direct effort and co-operation with other agencies having similar objectives.
Encourage Savings
Encourage savings, wise use of Credit and prudent management of personal and family resources.
Democratic processes of Do-operative
Secure active participation in the democratic processes of co-operative control at all levels and in the exercise of officer responsibility.
Information and Guidance
Provide information and guidance to Credit Union and other co-operative leaders and personnel so that the societies they serve will offer the best possible service to members to make such opportunity equitable.
Development of Higher Standards
Contribute to the development of higher standards of credit union management, operation and supervision by advise and direction in the interest of members and membership of affiliated credit unions.
Maintain good working relationships
Establish and maintain good working relationships with the government and its agencies to assure maximum freedom of action on the part of Credit Unions in the fulfillment of their responsibilities and attainment of their goals.
- Encourage and assist in the provision of co-operative services wherever they are needed.
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Study all legislation pertaining to Credit Unions to obtain legislation helpful to the purposes of the Co-operative Movement and to defend the Movement against adverse legislation.
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Extend to people everywhere regardless of race, creed, religion, or social or economic level, the opportunity to participate in the services and benefits of Credit unions and other co-operative societies.
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Inform of the principles, functions and objectives of Credit unions and other co-operative societies through information and education.
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Cultivate recognition and acceptance of the Co-operative Movement.
- Maintain the individual and collective autonomy of credit unions in St. Lucia.
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Promote interest and co-operation among Credit unions and other co-operative societies, the Caribbean Confederation of Credit Unions, the World Council of Credit Unions and its affiliates.