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Hanover Credit Union opens new building
New HanoverCredit Unionbuilding in theparish capitalLucea
Regional, Western
Anthony Lewis | Observer Writer  
January 13, 2015

Hanover Credit Union opens new building

RENEWED interest is escalating among members with dormant accounts at the Hanover Co-operative Credit Union (HCCU) since the financial institution moved into its newly constructed home, which was officially opened in Lucea a week ago.

“During the last week I realised that a lot of persons were reactivating their accounts and doing some new products. I realised that some persons came in with a dormant account, some did not use it for years, up to five years, and we realised that they are coming in now,” said an elated Sandra Brown, operations manager at the HCCU.

Meanwhile, an equally impressed Jennifer Taylor, general manager of the HCCU, pointed that she is getting rave reviews, mostly from business operators in the parish, to the opening of a drive-through teller, which is the first at a financial institution in Hanover.

“Persons have personally spoken to me and to say that now they can open an account because they like what they see and feel and must have an account with this institution,” said a beaming Taylor.

Taylor also stated that the waiting time at the financial institution is significantly reduced as a result of the hiring of more tellers.

“Sometimes some of them (members) say they have waited up to one hour in comparison to now. In fifteen minutes, they are out of here,” Taylor told the Jamaica Observer West on Monday.

In September 2012, the HCCU signed a building contract, valued at $115 million for the new facility.

However, according to Leroy Dawes, due to the upward movement of the exchange rate, plus unsuitable soil type, this figure has ballooned. Dawes did not provide the escalated figure, but said it will be available in time for it’s 40th Annual General Meeting in March.

Construction of the building was scheduled for completion in December 2013, but was delayed by a year.

The unsuitable soil type led to the credit union changing its original plan from a two-storey building to one.

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