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Jamaica. GSB Co-operative Credit Union (previously known as GSB Clerks Co-operative Credit Union), one of the top ten credit unions in Jamaica, was founded in 1944 and registered in 1946. It is open to two groups: public-sector employees (and their families) and members of registered professional groups (and their families).
G. GSB Co-operative Credit Union. Categories: Banks of Jamaica. Credit unions by country. Cooperatives in Jamaica. Cooperative banking in North America.
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts ( savings accounts ), share draft accounts ( cheque accounts ), credit cards, credit, share term certificates ( certificates of deposit ), and online banking.
The Co-op Credit Union is a not-for-profit member-owned financial co-operative, based in Manchester and operating throughout the United Kingdom. Thousands of its members all over the UK have access to affordable loans and savings products as well as member offers and financial wellbeing support. Membership is free.
Portal. v. t. e. Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives ...
For example, credit unions averaged a 3.31% rate on 12-month CDs in the second quarter of 2024, according to the National Credit Union Administration, citing data from S&P Global Market Intelligence.
The Co-operative Group has 22 independent consumer co-operatives as corporate members or customer owners, including: Central England Co-operative. Channel Islands Co-operative Society. Chelmsford Star Co-operative Society. East of England Co-operative Society. Heart of England Co-operative Society.
The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement ).