One Eleuthera Cooperative Credit Union

Initiative: 
Economic Development
Rationale: 

In the first quarter of 2014, One Eleuthera Foundation (OEF) committed to support the establishment of a Cooperative Credit Union to assist with empowering residents of Eleuthera by promoting savings, shareholdings, financial services and counselling, and encouraging Eleutherans to become owners and operators of their own financial institution.

Purpose: 

On May 8th, 2014 a public meeting was held at Cancer Society Wellness Center in Palmetto Point Eleuthera to inform interested persons about the proposed credit union and ensured those in attendance had a clear understanding of the role and benefits of a Credit Union. This meeting was led by the General Manger of the Cooperative Credit Union League, Mrs Stephanie Jones-Missick and Senior Compliance Officer from the Department of Cooperatives Development, Carolyn Moss.

One Eleuthera Cooperative Credit Union (OECCU) sealed its registration and became official on Saturday, March 19 when it held its first Annual General Meeting at Eleuthera Arts and Cultural Center in Tarpum Bay Eleuthera.

Following the public meeting, a Steering Committee was established including Errol McPhee, Robyn Curry, Gacintha Deveaux-Gordon, Colin Moss, Shaun Ingraham and Walter Carey who guided OECCU’s formation.

The following board and committees were elected during the March 19, 2016 AGM:

Board of Directors:
Addison Cooper
Errol McPhee
George Bullard
Ian Carey
Juanita Pinder
Robyn Curry
Shaun Ingraham

Credit Committee:
Kenwood Cartwright
Rosena Strachan
Shaun Ingraham

Supervisory Committee:
Agatha Bethel
Cynthia Cartwright
Karen Crean

Approach: 

A Shared Vision

The Shared Vision for South Eleuthera, which was first commissioned by Friends of Lighthouse Point to develop a sustainable plan for Lighthouse Point and other special heritage and conservation sites on Eleuthera, inspired the formation of One Eleuthera.

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