(Office) Usine Ste. Madeleine, San Fernando
(Mailing) P.O. Box 7772, La Romain
All persons 18 years and over are eligible for membership at the discretion of the Board.
The Usine Ste. Madeleine Credit Union Co-operative Society Ltd. formerly Caroni Ltd. (Ste. Madeleine) Employees Co-operative Society Ltd. was established in 1963 with twelve members. As at 31/12/09 the membership stands at 500 with a Share Capital of $17.5M. and Assets of $59.8M.In our quest for excellence and service to our members, since 1985-2000 we have declared a dividend of 8% the maximum requirement that could have been paid by any Credit Union. Since the removal of the 8% ceiling payable on dividends we have paid a dividend of 9% until the year 2005. Proudly, for the year 2006 and 2007 we declared a dividend of 10.5% and for 2008 a dividend of 9% was declared.