Credit unions receive 2020 performance awards

THE ANNUAL Credit Union of the Year Awards competition recognises credit unions that have performed exceptionally well in different areas of their operations.

The competition is based on the PEARLS ratio which measures credit unions’ standards of operation worldwide. This year’s winners were announced at the Jamaica Co-operative Credit Union League’s (JCCUL) annual general meeting on Saturday, June 5, and received their awards at an awards ceremony on Thursday, June 24.

Three Credit Union of the Year awards were presented to credit unions in different categories based on their asset sizes: Large, medium-sized and small.

The Small-sized Credit Union of the Year award went to Grace Co-operative Credit Union and the runner-up award went to Essential and Emergency Services & Partners Co-operative Credit Union. The Medium-sized Credit Union of the Year award went to JDF Co-operative Credit Union, while the runner-up award went to Portland Co-operative Credit Union. The Large-sized Credit Union of the Year award went to Community & Workers of Jamaica Co-operative Credit Union and the runner-up award went to JTA Co-operative Credit Union.

Some credit unions also received incentives for performing exceptionally well in areas of operations such as asset growth, solvency and net capital growth. The Highest Asset Growth award went to Grace Co-operative Credit Union. The Highest Solvency award went to JDF Co-operative Credit Union. The Highest Net Capital Growth award went to JTA Co-operative Credit Union.

Once again CPD Online awards were given to a credit union and staff who had taken advantage of the training courses offered by the JCCUL and administered by CUNA Mutual. The courses assist staff with professional development and further certification.

The CPD Online Top Individual Performer was Stephen Clarke, a staff member at First Heritage Co-operative Credit Union. The CPD Online Top Performing Credit Union was awarded to First Regional Co-operative Credit Union and the CPD Online Top Performing Credit Union runner-up award went to Lascelles Employees & Partners Co-operative Credit Union. The Credit Union of the Year competition is organised by the JCCUL.

CONTRIBUTED PHOTOS Howard Powell (left), general manager; Everton Hay (second left), board secretary; and Warrant Officer Class 1, Carlean Sutherland (centre), board secretary of the JDF Co-operative Credit Union, collect the award for Medium-sized Credit Union of the Year from Joni McCalla, group marketing officer at the JCCUL. Robin Levy (right), Group CEO of JCCUL, congratulates the winners.

Denise Harris (left), chief marketing and sales officer at the Community & Workers of Jamaica Co-operative Credit Union, collects the Large Credit Union of the Year award from Joni McCalla, group marketing officer at the Jamaica Co-operative Credit Union League (JCCUL). Looking on is Robin Levy, group CEO of JCCUL.

From left: Alicia Williams, staff accountant, and Makeda Scott, general manager at Grace Co-operative Credit Union, collect the Small-sized Credit Union of the Year award from Joni McCalla, group marketing officer at the Jamaica Co-operative Credit Union League, while Robin Levy, group CEO of the JCCUL, looks on.

Samuel Barton (left), member service representative at Lascelles Employees & Partners Co-operative Credit Union, collects the 2020 CPD Online Top Performing Credit Union award from Joni McCalla, group marketing officer of the JCCUL, while Robin Levy, group CEO of the JCCUL, applauds the winner.

Stephen Clarke (left) of First Heritage Co-operative Credit Union accepts his award for CPD Online Top Individual Performer from Joni McCalla, group marketing officer at the JCCUL and Robin Levy, group CEO of the JCCUL joins in the celebration.