BY THE END the year, credit unions in Barbados could be offering a number of additional services to their customers.
Vice-president of the Barbados Cooperative & Credit Union League, Hally Haynes yesterday revealed to the WEEKEND NATION that plans were under way for the introduction of foreign exchange transactions and credit card services to the credit union movement.
Haynes, who is also the chairman of the league’s financial services committee, said if everything goes according to plan, those services would be available by December 2017.
“What we have been doing in recent times is looking at the question of financial services to members of the credit union sector. We have established a committee, which is primarily geared towards rolling out financial services such as foreign exchange and credit card services to the members of the credit union movement,” he explained. (RB)
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