Eastern Credit Union (ECU) has invested approximately $3 million its new four-floor facility in Chaguanas, which was officially opened yesterday.
At a function to mark the credit union’s relocation to Ramsaran Street, branch manager Tamara Charles-Sampson said the aim is to “continues to operate with honesty and integrity, innovativeness, professionalism, confidentiality, accountability and impartiality.”
ECU President Wayne Estrada said after the building that previously housed the Chaguanas branch was condemned, they moved to the current location which is being leased from a private company. However, he said, the credit union is seeking its own property in Chaguanas.
He said it is one in a series of renovations and relocations of ECU branches
Acting Group CEO, Steve Albino said ensuring the continued success of the ECU was dependent on the credit union’s ability to embrace change.
“Change is absolutely necessary for growth and survival. We want our members to experience the new ECU that responds to a world which is rapidly changing,” he said
“Change brought about by an unresponsive economy, heavy debt loads, rising interest and unemployment rates, new and changing laws and regulations and the new reality of many of our citizens not being able to access the local financial system.”
The ECU serves 185,000 members and according to Charles-Sampson, it is adapting to technological developments with online and mobile platform EasternConnect which provides “real-time, 24/7, convenient services.”