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"I continue to be impressed by the excellent customer service I receive when I visit the offices."
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News and Events - Press Releases |
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Launch of Financial Initiative
RHAND Credit Union has once again lived up to its Mission Statement: “To satisfy members’ needs through creativity and foresight by providing competitive financial and other products and services.” This was achieved through its newest programme, a Financial Literacy Initiative.
The programme was launched on Tuesday 12th June 2007 at the Calypso Lounge of the Crowne Plaza Hotel. The Governor of the Central Bank, Mr. Ewart Williams delivered as he always does a sterling, informative and captivating Feature Address. Mr. Williams gave his perspective on the fundamental areas that should be addressed in a financial literacy programme as:
- Knowing where your money goes (budget)
- Planning for the unexpected
- Adopting a culture of saving
- Letting your money work for you (wise investments and diversification of investments)
- Managing personal debt
- Starting to save early for retirement
The Governor also spoke to the uniqueness and solid foundations on which most credit unions in Trinidad and Tobago stand. Additionally, he stated that this foundation positions them ideally to play a significant role in the financial literacy of its members and the wider society.
Further, he pledged the Central Bank’s support to RHAND Credit Union, to assist and collaborate with the organisation in its financial literacy undertakings.
Other attendees at the launch included the: President of RHAND Credit Union, Mr. Trevor Percival; General Manager, Mr. David Maynard; members of the Board of Directors; Permanent Secretary of the Ministry of Culture and Chairman of the proceedings, Mr. Earl Nesbitt; former Commissioner of Co-operatives and now the Manager of the Credit Union Stabilisation Fund, Mr. Hyder Ali; Central Bank Inspector of Financial Institutions, Mr. Carl Hiralal and specially invited guests.
RHAND Credit Union has over the years committed itself to being the vanguard in the provision of financial and other services and member education and development. This Financial Literacy Initiative is another tangible example of our commitment. We recognise that we are in good company and have charted our course in the right direction given the Central Bank’s own financial literacy programme.
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