CCCU to build new headquarters in St. Kitts

BASSETERRE, ST. KITTS, JULY 17TH 2017 – The vision of St. Kitts-Nevis Labour Party Governments to make the nation the financial capital of the OECS continues to bear fruit with the announcement by the President of the Caribbean Confederation of Credit Unions to build a new headquarters in Basseterre.

It was the nation’s First Premier and First National Hero, the Right Excellent Sir Robert L. Bradshaw that ensured that the Eastern Caribbean Currency Authority (ECCA), forerunner to the Eastern Caribbean Central Bank (ECCB) was cited in St. Kitts and Nevis.

It was also Premier’s Bradshaw’s vision to ensure the growth and success of the St. Kitts-Nevis-Anguilla National Bank to become not only the Federation’s largest bank but also the biggest indigenous bank in the OECS.

Bradshaw’s vision was further strengthened by former Prime Minister and Minister of Finance, the Rt. Hon. Dr. Denzil L. Douglas.

Under his leadership, Dr. Douglas attracted the headquarters of the Caribbean Confederation of Credit Unions (CCCU), the Eastern Caribbean Securities Exchange (ECSE), the Eastern Caribbean Home Mortgage Bank (ECHMB), the Caribbean Credit Card Corporation (CCCC) and the Eastern Caribbean Institute of Banking and Financial Institutes (ECIB).

In his capacity as Prime Minister and Minister of Finance, Dr. Douglas delivered the Keynote Address at the Annual OECS Credit Union Summit in August 2013

During a recent visit to St. Kitts, the Caribbean Confederation of Credit Unions (CCCU) President, Hally Haynes announced that CCCU which has its headquarters here since 2002, has begun construction of their new building on the existing site at a cost of US$1.3 million.

The former building was more than 70 years old.

To facilitate the construction of the new home and to continue to preserve the legacy of Credit Union Development in the Caribbean, the financial assistance of Leagues, Credit Unions and their members is urgently required.

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