EduCom Co-operative Credit Union Ltd10 Oxford Terrace, Kingston 5, Jamaica
The Mission of EduCom Co-operative Credit Union is to improve the quality of life of its members and their families, through the provision of personal ized financial solutions and advice
delivered by a motivated, competent and committed team of Staff and Volunteers.
In 2020, EduCom Co-operative Credit Union is member-centric, service-oriented, financially sound and technologically driven
and is the top Credit Union in Jamaica in member value, compliance and satisfaction.
AAMM and UWI Co-operative Credit Unions merged their operations on April 1, 2015 and realized the birth of EduCom Co-operative Credit Union Limited. This merger has resulted in an asset base for EduCom of $5billion and membership of approximately 27,000.The merger has resulted in some 7 branches across the island and ranks EduCom in the number 5 position among large Credit Unions.
Both credit unions shared common values and strong commitment to their memb ers. The UWI Mona and Community Co-operative Credit Union were founded in 1954 by the staff of the University of the West Indies, Mona with only two shillings and were then called University Staff College Co-operative Credit Union. The primary purpose of the Credit Union was to afford housing solutions for its members in the surrounding communities of Mountain Terrace and Nannyville Housing Scheme. The credit union before the merger served employees, students and alumni of the University of the West Indies and the University of Technology as well as their relatives. Staff and students of other institutions within neighbouring communities, staff of businesses and residents, within the neighbouring communities and their relatives were also eligible for membership at UWI Mona and Community Co-operative Credit Union.
Originally known as the Association of Assistant Masters and Mistresses, AAMM was conceived in 1960 as a vehicle to assist teachers to gain access to credit facilities which were difficult to obtain from more traditional financial institutions. Like the UWI Mona Co-operative Credit Union, AAMM started from humble beginnings with only One Hundred and Sixty Eight pounds in share capital. Prior to the merger AAMM served teachers and their families.
Based on the similarities of both credit unions, combining their strengths give both the opportunity, to deliver stronger financial performance and offer a wider range of financial products to an expanded membership base.
The name EduCom which seeks to identify with persons in education and surrounding communities was submitted by an AAMM member.
Like UWI and AAMM, EduCom's objective will be to continue adding value through service integrity innovation and commitment to its members.
We will continue to offer new and exciting products and services and to deliver exceptional member service and enabling the least fortunate among us to have a better future through our corporate outreac h efforts. Read more......Read less