Caribbean Financial Network

Antigua Commercial Bank

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Biz Phone
268-481-4200
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St. Johns
Antigua Commercial Bank (ACB) is the largest indigenous commercial bank in Antigua & Barbuda, with an asset base of over one billion Eastern Caribbean Dollars. ACB was incorporated on October 20, 1955, as The Antigua Co-operative Bank Limited, when it registered a share capital of EC$100,000 and became the country's first indigenous bank and public company. The Bank’s operations started on January 3, 1956, at the former Chelsea Building on Newgate Street in St. John’s, its first location. In its early years, ACB became well known for assisting entrepreneurs and small business owners, who started their operations as national pioneers. The Bank also allowed customers to open savings accounts with a minimum amount as low as a penny (2 cents), thus earning the name “Penny Bank” in its formative years.

Barbados Public Workers' Co-operative Credit Union Limited

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Biz Phone
+1 246-622-9000
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In 1968, members of the Civil Service Association Trade Union (which represented the majority of civil servants in Barbados) made an application and were granted permission to form a Savings Society. By 1969 the objective of the executive of this Society was to have it registered as a Credit Union. On May 6th, 1970 the Barbados Civil Service Association Credit Union Limited (as we were then known) was registered. In 1977, in order to broaden its bond of membership, the name was changed to Barbados Public Workers' Co-operative Credit Union Limited (BPWCCUL). This bond would now allow the inclusion of former civil servants, staff of statutory boards, husbands, wives and children of members as well as employees of the National Union of Public Workers.

Bank of The Bahamas

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Biz Phone
242-397-3000
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Nassau
When Bank of The Bahamas received the Euromoney Award for Excellence this year for the fourth time and was named Best Bank in The Country by The Banker, part of the Financial Times Group, for the third time during the same fiscal year, it was an historic milestone in the nation and for the young bank. No other Bahamian bank had ever come close to achieving such international recognition. Yet Managing Director Paul McWeeney hesitated to publicize the two awards, believing the news should be shared with shareholders and stakeholders as opposed to making it a reason for boasting when so many in the nation are still struggling. The Bank, he believes, should continue to do what it has done to grow from infancy 24 years ago to where it is now, rather than basking in recognition.

St. Francis Xavier Credit Union Ltd.

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Biz Phone
501-422-2892
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Founded in 1947 by Rev. Henry Suttie S.J. It functioned for some years, but it was financially weak and stagnant. In December of 1979 it was re-organized by Fr. James Walsh S.J., and under new management, it has been growing and thriving since. St. Francis Xavier Credit Union Ltd. is a cooperative financial institution, having a Cooperative Structure. However, Credit Unions are different from other financial institutions in several unique ways. They are organized for the purpose of providing financial services to a certain group of people, the members. All surplus earnings are returned to its members in the form of dividends and rebates annually. It is a democratically controlled organization; each member has one vote. “People Helping People” is the basic philosophy of the Credit Union.

Central Bank of Barbados

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Biz Phone
246-436-6870
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The Central Bank of Barbados was established in May 1972 by the Government of Barbados to advance the pace of economic development in the country. Prior to 1972, the East Caribbean Currency Authority (ECCA) was the institution responsible for the management of monetary matters for most of the smaller Eastern Caribbean countries, including Barbados. However, the ECCA did not regulate financial institutions, and since it held responsibility for a number of territories, there was no guarantee that ECCA’s policies would be acceptable, or appropriate to each jurisdiction.

Coop Reservations

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Biz Phone
809.686.3725
Santo Domingo, National District.
History The initiative to create COOP-RESERVES arose in December 1987, at a working meeting with the Human Resources Directorate of the Reserve Bank, with the aim of achieving a means of dealing with inflation. The purchasing power of personnel was considered to acquire basic goods and services directly from producers, in large quantities. We are the cooperative company of the members of the Family Reservations, initiative of a group of employees in 1987 they decided to unite to create the necessary conditions to satisfy their common needs, under a cooperative philosophy. In 1990 it was incorporated by Decree 82-90 of the Executive Power, under the name of "Cooperativa de Servicios Múltiples de la Personal de Banco de Reservas, de la República Dominicana".

Belize Bank

belizebank
Biz Phone
501-227-7132
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Belize City
The Belize Bank Limited (“BBL”) is a company incorporated and organised under the Companies Act, Cap. 250 of Belize, and licensed to conduct banking business pursuant to the Domestic Banks and Financial Institutions Act, 2012 of Belize (the “DBFIA”). As a company licensed to do banking business, BBL is subject to the supervision of the Central Bank of Belize (“CBB”), and the Financial Intelligence Unit (“FIU”). Constitutional Documents In 1988, The Belize Bank Limited was introduced and has since carried out the business of banking in the country of Belize.

National Cooperative Credit Union Limited

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Biz Phone
767-255-2172
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Roseau,
The National Cooperative Credit Union Limited (NCCU) emerged from an amalgamation of five credit unions-- La Salette, St Paul, Vieille Case, Roseau and St David’s-- on November 1, 2010. These credit unions became the first Branches of NCCU "One Big Family". Amalgamation is one approach which has been used successfully by credit unions worldwide to strengthen their institutions. By the end of 2017, NCCU had evolved from being the Big 5 (as we were commonly called then) to the Big 7 by accepting the assets and liabilities of the South-Eastern and Castle Bruce Credit Unions. NCCU is a financially sound, multimillion dollar institution distinguished as the largest credit union in the OECS. Its 2018 Annual Report records Share Capital of $5.53M, Members Equity of $61.4M, Assets of $625.7M and a membership of 47,700. We offer members a complete line of financial services including savings, deposit and retirement accounts, loans for all purposes, an international debit card, Online, chequing, audio teller and money transfer services and funeral plans. NCCU is one of seven (7) credit unions currently operating in The Commonwealth of Dominica.