CREDIT
UNIONS
TEAM
UP FOR
NEW
UNICARD
Story & Photos by Stan Bishop
Credit union members affiliated
with the St. Lucia Co-operative
Credit Union League Ltd. now have
easier access to their accounts
and funds. The new development
is made possible by a new ATM
card, called UNICARD, which was
launched at Sandals Regency Golf
Resort & Spa on December 16 last
year.
UNICARD is expected to allay the
concerns of members seeking
secure, hassle-free and instant
access to their funds at any time
they wish. Members who have
been issued the UNICARD can now
access their funds and deposit
their full salaries without visiting
the credit union branches. The
new service offers convenience
in emergency cases when the
branches are closed.
For the launch, the new system
was tested at ATMS at four credit
unions: Choiseul Co-operative
Credit Union Ltd., Laborie Co-
operative Credit Union Ltd., Mon
Repos Eastern Co-operative Credit
Union Ltd., and St. Lucia Teachers
Credit Co-operative Ltd.
Meanwhile, Dennery Community
Credit Co-operative Society, Fond
St. Jacques Co-operative Credit
Union Ltd., St. Lucia Hospitality
Industry Workers Credit Co-
operative Society Ltd. and Saltibus
Co-operative Credit Union Ltd. –
were expected to become part of
the new initiative afterwards.
Phase Two of the project is
the implementation of a local
debit card facility and access to
other local ATM networks, while
Phase Three is the provision of
international debit card access
38 SL-YOU | It’s All About Business
www.slyoumag.com | February - April 2020