Victoria Mutual began operations with The Victoria Mutual Building Society (VMBS) which was first opened its doors in 1878. Our founders, a group of Clergymen, led by then Rector of the Kingston Parish Church, Reverend G.W. Downer, formed VMBS with a vision of "meeting the needs of the deserving thrifty".
VMBS' founding fathers had a goal of finding a way to partner with industrious, but financially excluded Jamaicans, to assist them with savings and home acquisition.
Recognising that the needs of its Members have continued to change over the years, Victoria Mutual has sought to remain abreast of these changes, with a view to ensuring that its product and service offerings remain relevant and meet the needs of Members and customers. This has resulted in the expansion of its service offerings beyond the traditional savings and loans to include wealth management, money transfer services, real estate services and general insurance through our strategic business units.