Enriching Lives through Partnerships for 50 years
In July 1959, the Credit Union began preliminary operations, and in October of the same year, the Jamaica Teachers' Association Co-operative Credit Union Limited was registered as a Credit Union under the Co-operative Society Act. At that first historic meeting of the Credit Union, 167 persons were admitted to membership, with a share capital of $2000. Fifty-two (52) district associations were established and a mandate given to develop a branch in each district The JTA Co-operative Credit Union Ltd. rapidly grew and by 1960, the membership increased to over 1000 and the share capital to $52,000.00. In addition, by 1977 the JTA Co-operative Credit Union Ltd. was the largest Credit Union in Jamaica with 10,000 members and $7.5 million in share capital. Today, we boast over 29,000 in membership, over 5 billion in assets, a share capital of 2.4billion. We operate island wide with a branch network of 11 locations and a staff complement of 100 employees. |
