Source: Shutterstock.
In the Caribbean, where credit unions have a 65% penetration rate, leaders of those institutions have been coping with economic and governance challenges presented by COVID-19.
Rebuilding a regional economy hit hard by the pandemic, as well as supporting credit union members who lost their jobs, was on the agenda at a recent webinar held by the Caribbean Confederation of Credit Unions. The event, "Credit Unions & COVID-19: The Regional Response," featured leaders from several member associations of the Caribbean Confederation of Credit Unions (CCCU), which represents 212 credit unions with 2.4 million members in 17 countries. The group's members have assets of $6.2 billion, a loan book of $4.2 billion and savings of $5.2 billion (in U.S. dollars).
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Charles Toutant
Charles Toutant is a litigation writer for the New Jersey Law Journal.
