New name, better service
C&WJ Co-operative Credit Union Limited has experienced steady, strong and continuous growth over the years.
The credit union was originally bonded to serve employees of the then telephone company and over the years was alternatively named Jamaica Telephone Company, Telecommunications Of Jamaica and Cable & Wireless Jamaica Employees Co-operative Credit Union. The credit union has since expanded its membership bond, and along with mergers and acquisitions has grown to become the third-largest credit union in Jamaica.
The expansion of the bond and the mergers has created a credit union with a significantly broader socio-economic base, wider geographic reach, but with differences in service culture, management and in the profile of the membership of the credit union. This has created a necessity for the credit union to have a unified vision and to redefine our target markets to include the various demographics that we currently serve.
The company, no longer a communications and other workers' credit union, has encompassed a broader scope of membership. Hence it has maintained the acronym, C&WJCCUL, as this has some brand recognition but with a new meaning - Community and Workers of Jamaica Co-operative Credit Union Ltd.
Today, C&WJCCUL has assets of more than $7.5 billion, membership of more than 64,000 and 14 branches in six parishes in Jamaica. The vision is to become a household name on the Jamaican financial landscape.