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    Home CARICOM CARICOM English Dominica

    NCCU sees strong growth in membership, shares and lending during 2025

    The Analyst by The Analyst
    June 3, 2026
    in Dominica
    NCCU sees strong growth in membership, shares and lending during 2025


    NCCU Roseau

    Total membership of the National Co-operative Credit Union Ltd. (NCCU) has increased from 53,448  at the end of 2024 to 54,322 at the end of December 31, 2025, representing a net growth of 874 members or 1.63 percent.

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    This is according to the Board of Directors report on the operations and performance for the financial year ended December 31, 2025, presented by the President of the Board of Directors of the NCCU, Clement Marcellin Jr.

    The report highlights the Society’s key achievements, operational milestones, community engagement, and strategic direction, as it continues to strengthen its position as a leading financial institution both nationally and regionally.

    According to Marcellin, the year 2025 marked the ongoing execution of the 2024–2027 Strategic Plan, which he said provides a clear and structured roadmap guiding the collective efforts of the Board, Management, staff, and members.

    “The Plan outlines a cohesive framework of strategic priorities focused on promoting sustainable growth, driving innovation, and enhancing the overall member experience. NCCU Ltd. remains firmly committed to these objectives as it continues to advance its mission and long-term vision,” he said.

    Marcellin stated that the steady growth demonstrates the institution’s ongoing relevance and its capacity to attract and retain members despite operating in an increasingly competitive financial environment.

    He noted that as a result, the Society continues to strengthen its market presence and build a solid foundation for sustainable member-driven growth.

    Furthermore, he revealed that Member Share Capital also recorded strong growth, increasing from $7.5 million in December 2024 to $8.1 million in December 31, 2025.

    “This represents an increase of $652,250, or 8.65 percent, and is a clear indication of the confidence members continue to place in the financial strength, stability, and governance of the Society,” he explained.

    Meanwhile, Marcellin pointed out that the NCCU has achieved significant growth in its Loan Portfolio, increasing from $580 million at the close of 2024 to $614 million as of December 2025.

    “This represents a year-to-date growth of $34 million, or 5.8 percent, over a twelve-month period.  The National Cooperative Credit Union (NCCU) has achieved significant growth in its Loan Portfolio, increasing from $580 million at the close of 2024 to $614 million as of December 2025. This represents a year-to-date growth of $34 million, or 5.8 percent, over a twelve-month period,” he said.

    The NCCU Limited held its 16th Annual General Meeting (AGM) at the St Alphonsus Parish Hall in Goodwill on Wednesday, June 3, 2026.

     





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