Caribbean Financial Network

Jamaica Defense Force Co-operative Credit Union Ltd

Social Media
Facebook ProfileYoutube ProfileInstagram Profile
Biz Phone
The early years were not easy as the fledgling Credit Union needed to find ways to boost membership. Through a strategic decision, a promotions officer role was created and this individual began visiting the various units on camp to advertise and publicize the products and services the Credit Union offered. As the word spread, interest in the Credit Union grew on camp, but numerous servicemen were reluctant to become a part of the movement due to opposition from the skeptics in the military. Those who were hesitant joined in secrecy and were able to benefit from the many offerings of the Credit Union.. By the end of 1963 the Credit Union which was first located at the Telephone Exchange on Camp (with only two rooms) had a total of 100 members who injected a total of Six Hundred and Sixty-Two Pounds, One Shilling and Six Pence (£662.16). While this achievement was impressive, the structure of the organization was basic with only one employee (Mrs. Grey) who controlled the daily operations. An example of progress was evident in that the number of workers gradually increased as the membership grew. In addition, The Credit Union received voluntary services from the founding members who assisted during their lunch time. In February of 1964, the JDF Co-operative Credit Union Limited officially became a member of the Jamaica Co-operative Credit Union League. The Credit Union continued to evolve as exemplified in its membership, increasing from a total of 504 in 1964 to a total of 819 in 1965. This increase was due largely to word-of-mouth marketing. The first Annual General Meeting was held in January of 1964. Mr. Basil Williamson was elected as the first President, with Mr. Ervin Grey as Treasurer, Mrs. Cynthia Bruff as Assistant Treasurer and Ms. Joyce Marshall as Secretary. Interestingly, Mrs. Cynthia Bruff, a pioneer member of the study group, is still an active member of the Credit Union today. Mrs. Beryl Crawford (now deceased) was employed as the Credit Union’s first full time manager.
Savings - Regular Deposits, SHYDA Fixed Deposit Account, Treasure Chest Youth Account, SWYS Plus Account, Golden Harvest, Homeowners Harvest of Gold, Regular Deposits, Shares Account, Partner Plans, Deferred Shares Loans - Car Loans, Quick Cash, Unsecure Loan, Easi Loan, Personal Loan, Loan Calculator Insurance - Group Creditor Life, Credit Union's Group Life Insurance, Family Indemnity Plan Financial Advisor

Jamaica Defense Force Co-operative Credit Union Ltd

Up Park Camp, Kingston 5, Jamaica,

Driving Directions

Enter your starting address: