With a vision ahead of its time, Albert Morris had proposed the concept to create an inclusive credit union for the citizens of Kingston. A credit union is a co-operative financial institution, which is owned and controlled by its members. His dream was finally brought to fruition in 1967, when Paul Chavannes submitted Mr. Morris’ proposal to the Jamaica Co-operative Credit Union League (JCCUL) and the Registrar of Co-operative; which resulted in the birth of the City of Kingston Co-operative Credit Union Limited (COK) on October 26, 1967. With 13 members and a total share of two shillings and six pence the first Annual General Meeting was held on November 24, 1967.
Since its inception COK has grown from a union with only 13 members to enjoying the benefits of having a membership base of over 280,000+ in not just Jamaica but in the English-speaking Caribbean on a whole. COK not only caters to its customers located across Jamaica such as St. Andrew, Kingston, Montego Bay, Mandeville and St. Catherine; but also, to its customers living overseas in countries such as the United Kingdom, the United States of America and Grand Cayman. With over 53 years serving its clients, COK plans to continue helping and others and expanding to further lengths over time.
We have carefully designed a range of savings and loans products to meet the variety of needs reflected in the profile of our members. In this regard, we have developed a wide range of products including -Fixed Deposits, the Partner Plan, Golden Harvest, Pension Plan and Family Indemnity Plan; loan products which include Business Loans, Home Equity loans, Personal loans, Mortgage, Education and Auto loans; as well as Cambio – all with our members’ success in mind!