THE Guyana Conference of Seventh Day Adventists has been officially registered as a co-operative credit union, and can now offer its followers exclusive access to quality financial services across Guyana.
The credit union was certified on Thursday afternoon by Chief Co-operatives Development Officer – Ministry of Labour, Janaknauth Panchu, in the presence of other members of the ministry’s Co-operatives and Friendly Societies Department.
The registration of this new credit union means that like everyone else, Adventists can now access low interest rates, as well as loan services and special savings, while also fostering self-reliance, and economic and financial development.
Additionally, Adventists can also access special burial benefits. This includes financial contributions towards funerals, and assistance with funeral arrangements.
Through this initiative, and others like it, the Guyana Conference of Seventh Day Adventists Co-operative Credit Union Limited aims to become the church’s premier credit union.
They were represented by Secretary, Colette Bryan; Treasurer, Laurel Boodie, and Committee Members: Suelin Gibbs, Andray Thomas, Carl De Mattos, Jack Farley, Collette Clemenson, and Dennis Hamilton and is reportedly the first Co-operative Credit Union to be registered in the past few years.
Co-operative Credit Unions registered under the Co-operative Societies Act, Chapter 88:01 of the Laws of Guyana, are co-operative societies which enable and assist their members in saving and borrowing money at reasonable rates.
