Monday | 09:00 AM - 04:00 PM |
Tuesday | 09:00 AM - 04:00 PM |
Wednesday | 09:00 AM - 04:00 PM |
Thursday | 09:00 AM - 04:00 PM |
Friday | 09:00 AM - 04:30 PM |
Saturday | Closed |
Sunday | Closed |
The Cayman Islands Civil Service Association (CICSA) Co-operative Credit Union Limited (the “Credit Union”) was incorporated in the Cayman Islands in 1976 under the provisions of the Cooperative Societies Law and operates as a not-for-profit organisation receiving savings and making loans to members.
The Credit Union was formed by seven civil servants who were members of CICSA. They were Mr. Gilbert McLean, Mr. Louis Moncrieffe, Mr. John (Lemuel) Hurlston, Mr. Colford Scott, Mr. Ray Miller (deceased), Ms. Rachael Ebanks, and Mr. George McCarthy assisted by the “Matron” of the Credit Union, Mrs. Cicely Delapenha (deceased), started with $35 ($5 each). Their vision, 47 years later with over 19,000 members and assets in excess of $500M, is still shared today.
The Credit Union is governed by the Cooperative Societies Law as well as a set of Rules approved by members at general meetings.
Our governance structure is strengthened internally by:
As a financial institution primarily funded through member deposits, the Credit Union remains very aware that depositors rely on dividends to live and save for the future. However, borrowers are equally faced with the pressure of trying to create security for their families through residential or personal borrowing. As a member-owned and communityfocused organisation, the Credit Union tries to meet both sets of demands from borrowers and depositors with equal focus.
Our , Vision & Mission
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