The man who was at the heart of the amalgamation of the National Cooperative Credit Union (NCCU) in 2010, Dexter Ducreay, is now back as president of that institution.
Ducreay headed the amalgamation process and was elected as the first president of the NCCU. He was replaced over the last two years by Michael Augustine.
After the 5th AGM of the NCCU held last week, members of the new board overwhelmingly elected Ducreay to head the NCCU board.
His deputy is Algernon Degallerie with Candia Joseph as treasurer and Charmaine Brumant as secretary.
Ducreay is now entrusted with the task of taking the amalgamation process one step further after the NCCU’s recent AGM voted in favour of a resolution to accept the Castle Bruce and South East credit unions as part of the NCCU.
“I feel humbled to be given the opportunity to lead the NCCU…I am a Credit unionist at heart and I am looking forward to as usual, working with all for the continued development of the NCCU,” he said.
According to him it is “ironic” that he led the process of amalgamating the “Big Five” and will now be leading the way into broaden the amalgamation to the “Big Seven” with the acceptance of the Castle Bruce and South East credit unions.
Well, well, well Mr. Ducreay’s antics worked! Congratulations are truly in order sir!
it seems now that some people is trying to make amalgamation a dirty word,but in this day and age integration is key for survival. there is no doubt that mr. ducreay is a mover and shaker and will take nccu to greater heights. we need the movement to remain as cooperative but as a financial institution, should be able to purchase and sell foreign currencies to issue drafts and to make direct wire transfers directly to its over seas members, instead of it being done through the bank. it is unfair that the banks are allowed to compete with the nccu but the nccu isn’t allowed to compete with them.
In the Credit Union, where we are all members, the general idea is that the strong should help the weak. The thinking of the pioneers is a truly National Cooperative Credit Union. Not for profit but for service should still be the watch word.
hmmm? Mr. Ducreay as president again?
please sir can you ensure that what happens at the Roseau branch happens at the other branches? Especially the branch on the North.
What happen to the Dominica trust fund? What happen to the the credit union monies declared lost by DTU.
sir congratulations on your appointment. but please stop trying to shove amalgamation down our throats. nice to have everybody but alas. take it easy. the st Paul branch got dividend on savings,, yes,how about, how did that affect those of us in the Roseau CCU? tell us too. please be careful how you answer when we ask questions. we are members not customers. we have a right to know. we need to know and want to know. also you may mean well but take it easy this is OUR RCCU.
what happened to Sunday for meetings? why has it changed? don’t you think it would be more comfortable for the majority to attend on Sunday afternoons?
How, exactly, is that ironic?