𝘚𝘦𝘢𝘵𝘦𝘥 𝘭𝘦𝘧𝘵 𝘵𝘰 𝘳𝘪𝘨𝘩𝘵: 𝘋𝘦𝘳𝘺𝘬𝘦 𝘚𝘮𝘪𝘵𝘩 – 𝘊𝘖𝘒 𝘚𝘰𝘥𝘢𝘭𝘪𝘵𝘺 𝘊𝘰𝘰𝘱 𝘊𝘳𝘦𝘥𝘪𝘵 𝘜𝘯𝘪𝘰𝘯, 𝘊𝘩𝘪𝘦𝘧 𝘌𝘹𝘦𝘤𝘶𝘵𝘪𝘷𝘦 𝘖𝘧𝘧𝘪𝘤𝘦𝘳, 𝘗𝘳𝘰𝘧. 𝘓𝘪𝘯𝘤𝘰𝘭𝘯 𝘌𝘥𝘸𝘢𝘳𝘥𝘴 – 𝘕𝘊𝘜 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵, 𝘢𝘯𝘥 𝘊𝘭𝘪𝘷𝘦 𝘔𝘦𝘥𝘸𝘺𝘯𝘵𝘦𝘳 – 𝘊𝘖𝘒 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵 𝘴𝘪𝘨𝘯 𝘢 𝘔𝘦𝘮𝘰𝘳𝘢𝘯𝘥𝘶𝘮 𝘰𝘧 𝘜𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘵𝘰 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩 𝘢 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘰 𝘨𝘳𝘰𝘸 𝘵𝘩𝘦 𝘤𝘰𝘳𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘧 𝘣𝘰𝘵𝘩 𝘰𝘳𝘨𝘢𝘯𝘪𝘴𝘢𝘵𝘪𝘰𝘯𝘴 𝘰𝘯 𝘈𝘶𝘨𝘶𝘴𝘵 30, 2022, 𝘢𝘵 𝘊𝘖𝘒’𝘴 𝘏𝘦𝘢𝘥𝘲𝘶𝘢𝘳𝘵𝘦𝘳𝘴 𝘪𝘯 𝘚𝘵 𝘈𝘯𝘥𝘳𝘦𝘸. 𝘌𝘹𝘦𝘤𝘶𝘵𝘪𝘷𝘦𝘴 𝘧𝘳𝘰𝘮 𝘣𝘰𝘵𝘩 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯𝘴 𝘸𝘪𝘵𝘯𝘦𝘴𝘴𝘦𝘥 𝘵𝘩𝘦 𝘴𝘪𝘨𝘯𝘪𝘯𝘨 𝘰𝘧 𝘵𝘩𝘦 𝘩𝘪𝘴𝘵𝘰𝘳𝘪𝘤 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵. 𝘚𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘧𝘳𝘰𝘮 𝘭𝘦𝘧𝘵 𝘢𝘳𝘦 𝘓𝘢𝘳𝘳𝘺 𝘑𝘰𝘩𝘯𝘴𝘰𝘯 𝘢𝘯𝘥 𝘊𝘢𝘳𝘭 𝘓𝘪𝘵𝘵𝘭𝘦 (𝘣𝘰𝘵𝘩 𝘰𝘧 𝘊𝘖𝘒), 𝘋𝘢𝘯𝘪𝘦𝘵𝘰 𝘔𝘶𝘳𝘳𝘢𝘺 (𝘕𝘊𝘜); 𝘢𝘯𝘥 𝘧𝘳𝘰𝘮 𝘊𝘖𝘒 𝘌𝘳𝘳𝘰𝘭 𝘏𝘰𝘭𝘮𝘦𝘴, 𝘛𝘪𝘯𝘢 𝘓𝘪𝘷𝘪𝘯𝘨𝘴𝘵𝘰𝘯, 𝘉𝘳𝘪𝘨𝘪𝘵𝘵 𝘏𝘰𝘰𝘚𝘢𝘯𝘨, 𝘓𝘺𝘯𝘥𝘴𝘪𝘦 𝘞𝘪𝘭𝘭𝘪𝘢𝘮𝘴-𝘔𝘰𝘴𝘦𝘭𝘦𝘺, 𝘢𝘯𝘥 𝘐𝘴𝘢𝘬𝘢𝘭𝘶 𝘋𝘶𝘧𝘧𝘶𝘴.
Northern Caribbean University (NCU) and COK Sodality Co-op Credit Union have formed a strategic partnership to generate growth in each organisation’s core business.
Speaking at the signing of a memorandum of understanding in Kingston on August 30, 2022, COK President Clive Medwynter said the new partnership will offer the credit union greater access to improve its member base and further achieve a major aspect of its mandate of sharing the cooperative principles and improving financial literacy to a wide cross section of Jamaicans. He signaled that the NCU community can expect a blended service experience inclusive of the new and improved COK digital service delivery which includes its upgraded online facilities and mobile app.
In expressing delight at the partnership, NCU President Professor Lincoln Edwards said it was the kind of initiative Jamaica needed at this time. He pointed to NCU’s long history of being people-centred which gave students with talents, but lacking resources, the opportunity to further their education. This was done by employing them in campus-based industries during the mornings and attending classes in the afternoon. The NCU President argued that there were still people in the society who were underserved and can benefit from the synergy between COK and NCU. He welcomed the opportunity for both institutions to join forces to lift and build communities.
Meanwhile, CEO of COK Deryke Smith, said that the partnership will provide synergies between both institutions allowing COK employees to enroll at NCU and gain access to the best quality of education offered at the university level in Jamaica. Smith noted that COK was the first credit union to offer membership to the wider public rather than employee groups. He said the financial institution was committed to promoting financial freedom for its members.
Under the MOU, NCU will collaborate with COK to provide training for its staff at preferential rates. In addition, COK will partner with NCU in the implementation of community-based programmes, as well as Corporate Social Responsibility projects. COK will also facilitate student-development opportunities including:
- on-the-job training for students
- internship programmes
- student academic projects
- provision of scholarships and grants to NCU students.
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