CITY OF BRIDGETOWN COOPERATIVE CREDIT UNION (COB) is spreading its wings again, this time making a half-million dollar investment in a new branch.
Chief executive officer of COB Steve Belle revealed that the credit union would open the new doors very soon at the former Carlton Supermarket building at Black Rock, St Michael.
Belle told the DAILY NATION that the credit union was committed to extending its services to meet the needs of its 50 000-strong membership and so the branch was necessary, particularly in the densely populated St Michael parish.
He said the tough economic period was having an impact on credit union activity this year but expansion was still necessary, given membership demand for services.