A seed of an idea was planted and the initial concept for LCCU originated in 2014, following the sustained challenges in the local banking sector. With the seed having been germinated by a close friend and personal
mentor, the Founder over time and through diligent research, conducted extensive analysis to ensure the viability of the idea. With the roots firmly taking hold, the concept was revisited and formalized in February 2017.
After thorough research of co-operative societies in the Caribbean region, the founders and organizing members determined that the concept would be a viable option for financial services in the island community of Anguilla, and one that is necessary for its economic sustainability and long-term success.
LCCU was incorporated on June 27, 2017 and obtained its business licence on July 14, 2017.
LCCU is a member-led non-profit financial co-operative society. Low cost affordable loans and convenient savings are the two core services to be offered in the immediate.
Committed to serving our Members
Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity.
Under the direction and guidance of its Founders and Board of Directors, LCCU will promote the ethical values of honesty, openness, social responsibility and caring for others.
Our Priority = Members
Our Priority = Members
LCCU’s foremost priority is to provide you, the owners, a safe place to invest savings, attain individual wealth goals and source affordable lending options with sound financial advice.
Our ultimate goal is to offer you exceptional and consistent member service with the highest quality of financial services delivered with integrity and professionalism.
Our Goal = Satisfaction
BOARD OF DIRECTORS
Board of Directors
Mr. Mitchelle V. Lake, Chairman/Co-Founder
Mrs. L. Vanessa Connor, Vice Chair/Founder
Mr. Cecil A. Niles, Treasurer
Ms. Elizabeth S. Bryan, Secretary
Ms. Ismania N. Richardson, Director
Mrs. L. Vanessa Connor, Managing Director
Mrs. Donnis Elliott-Whyte, Assistant Manager Operations
Mrs. Kesha Brooks: Member Services Officer
Ms. Denisha Belle, Members Services Rep
Ms. Ismania N. Richardson, Compliance Officer / MLRO
Ms. Elizabeth S. Bryan, Assistant MLRO/MLCO
Our Management Team has over 50 years combined experience in the financial services industry including banking and credit union expertise; we are waiting to provide you with sound financial advice, while fulfilling all legal, compliance and regulatory requirements .
Caribbean Confederation of Credit Unions
World Organisation of Credit Unions