History of The West Coast Co-operative Credit Union Ltd.

HistoryThe Salisbury Co-operative Credit Union Ltd. (SCCU) had been contemplating the idea of the merger but the Colihaut Co-operative Credit Union Ltd. (CCCU) seemed to have been more skeptical about venturing in that direction. The CCCU began harnessing the idea of the merger in May of 2001 when they passed a resolution at and Annual General Meeting (AGM) to look into the possibilities.

It was in 2003 that representatives from both societies had discussions relating to the merger.

The birth of what would later be known as the West Coast Co-operative Credit Union Ltd. (WCCCU) came one step closer to reality; although the management committees began experiencing setbacks due to lack of interest among members.

In November of 2004 the SCCU held a special general meeting to pass a resolution accepting the merger of the two societies. The CCCU passed a similar resolution on February 12th, 2005 at the society’s 41st AGM. A steering committee with representatives from both societies was formed to look into activities leading to a merger. On the same day a request was made to dissolve the societies. From then on the committee worked tirelessly towards the completion of the merger.

On September 25th, 2005 history was made when the West Coast Co-operative Credit Union Ltd. was born. To date the WCCCU has four offices scattered on the west coast; the head office in Salisbury and three branch offices located in Colihaut, Coulibistrie and St.Joseph.