NtaCCUL's Enticing Services Attracting New Members To Join


NtaCCUL President Fru Isaac Taku (L) NtaCCUL GM (R)

By Raymond Dingana 

Membership in to the Ntarinkon Cooperative Credit Union LTD NtaCCUL has continued to grow thanks to the advantages at the disposal of members, Mr.Fru Isaac Taku, Board President of NtaCCUL said Sunday January 28 during the Annual General Meeting of the financial institution.

He added that nine thousand, six hundred and thirty three new members fell in love with NtaCCUL and secured their membership in 2023, thereby increasing the total membership to ninety two thousand, two hundred and ten members as at December 31,2023, scoring a growth rate of 12%.

"Because we pay interest on savings at 6%, everyone wants to be a member of NtaCCUL, every body wants to save.We are developing the culture of savings, and when they do, we fortify the money, get interest for those who loan and pay interest to those who save the money,"
 said the president who added that 

"even if our grandmothers working in their farms receive money in their phones  say from their children from any part of the country, they can sand the money to their accounts at the credit union without going there. They can also consult their accounts and send money to others from their accounts using their phones."

He furthered that these services and more are like magnets, pulling members to the credit union.

NtaCCUL's Board President, Fru Issac Taku Facing The Press After The AGM

Faced with stiff competition, Mr. Isaac said they are strategizing to remain on top.

"We are doing all to take our services to the doorsteps of members. Last week we launched the building for the Yaounde-Melleng Branch, we are opening a branch in Ngaoundere, and we intend to open a branch in Buea to serve members of other branches. We are also developing our digital tools so that any phone owner can be able to carryout services from remote areas,"
said Mr. Isaac.

Corroborating what the President said, NtaCCUL's General Manager,  Ade Muma Divine, intimated that they have installed Automatic Teller Machines ATM in all their branches. 

He also indicated that the USSD platform is already operational and they are doing all to complete the digitalization process of NtaCCUL this 2024 so that about 70% of members should be able to carryout transactions from their mobile phones.

NtaCCUL's General Manager Ade Muma Divine, General After the AGM

It was also revealed at NtaCCUL's AGM that the credit union is planning to install SISCO Firewall in all branches to protect transactions from hackers and scammers


Another information considered by members as good news for the institution is the drop in loan delinquency from the 24.8% recorded at the close of 2022 to 21.25% as at 32 December 2023.

This was done thanks to the efforts of the Loan Recovery Task Force and the entire management team who also promise to do more in order to reach the required COBAC rate of 10% by intensifying the recovery drive, and dragging recalcitrant cases to court.



NtaCCUL's Members At The AGM 

Birthed in 1972, NtaCCUL clocked 50 years in 2022, and has been working to improve the lives of Cameroonians, ensure growth and sustainability, amongst others.

The credit union plans to celebrate her Golden Jubilee come 16 Match 2024. The event will also see the official launching of the union's APP and USSD platform that went operational in December 2023.

NtaCCUL has also contributed to bringing unemployment under check by recruiting 170 persons on a regular basis.


drayinfos.com

For any inquiries, call or WhatsApp us on 676238865



Comments

Post a Comment

Popular posts from this blog

Nollywood Star, Sylvester Madu's Visit To Bamenda Triggers Blood Flow

Image
  Sylvester Madu After The Incident   By Raymond Dingana Several persons have been confirmed dead and many others seriously wounded after gunmen opened fire at a popular drinking spot at the Mile 3 neighborhood in the crisis battered Bamenda in the North West Region of Cameroon. The wounded were rushed to the Nkwen District Hospital in the Bamenda III Council area other hospitals around after the incident.  Reports say the incident that happened on Saturday at about 1opm in Nkwen breaking Sunday November 25 is said to have been triggered by by the presence of popular Nigerian Movie Star, Sylvester Madu, AKA Shina Rambo in a snack bar in that area. " This is not the time to visit Bamenda. We are at war, and you are coming here to act a movie?" narrates a witness who said he could hear the armed men shouting. Amongst those confirmed dead is 18 year old Sandra, a secondary school student in Bamenda. "She went out with friends to see the Nigerian actor, Madu not knowing she
Read more

Road Accident Leaves Two Persons Dead Along Bamenda-Bambili Stretch

Image
Chattered Vehicles As A Result Of Accident  By Raymond Dingana Township taxi drivers in Bamenda are still in shock following the death of one of theirs who died alongside his passenger at the Mile 6 neighborhood in Nkwen, on the Bamenda-Bambili road, Friday March 15, 2024. The accident that didn't only take away lives but caused enormous damages on the two vehicles involved has been attributed to over speeding. "The black private car was on top speed when it suddenly found itself on the other said of the road colliding with the taxi. The occupants of the private owned vehicle fled the scene after the accident. The vehicle was coming from the Mile 6 direction while the taxi was heading towards Bamenda, " explained a witness. The passenger whose only name drayinfos got as Tigwe died on the spot, while the driver of the Starlet vehicle died later at the Regional Hospital in Bamenda. " All efforts to safe the driver's life were futile. We were told by health experts
Read more

Bamenda: Population Protests Killing Of Civilian By Uniform Officer

Image
  Cross Section Of Protesting Crowd At Up Station  By Raymond Dingana The early hours of Thursday April 4,2024 was a tensed one at the Bamenda I council area following the stabbing to death of the young man identified as Junior Awazi popularly known as BJ by a uniform officer in civilian attire. The incident happened in the early hours of Wednesday breaking Thursday April 4 in a beer parlor at Up Station, Bamenda I Council area. The population was out in the streets expressing their grievances demanding justice for the slain young man. " It all started when the uniform officer in civilian attire wounded a girl's hand after she rejected his love advances. BJ intervene and the officer stabbed him three times and that was his end," narrates a witness who spoke to drayinfos on the basis of anonymity. Other sources say the uniform man requested to have a talk with BJ after he was  prevented from talking to lady. It is not clear what later happened between the two that caused t
Read more

Popular posts from this blog

Nollywood Star, Sylvester Madu's Visit To Bamenda Triggers Blood Flow

Image
  Sylvester Madu After The Incident   By Raymond Dingana Several persons have been confirmed dead and many others seriously wounded after gunmen opened fire at a popular drinking spot at the Mile 3 neighborhood in the crisis battered Bamenda in the North West Region of Cameroon. The wounded were rushed to the Nkwen District Hospital in the Bamenda III Council area other hospitals around after the incident.  Reports say the incident that happened on Saturday at about 1opm in Nkwen breaking Sunday November 25 is said to have been triggered by by the presence of popular Nigerian Movie Star, Sylvester Madu, AKA Shina Rambo in a snack bar in that area. " This is not the time to visit Bamenda. We are at war, and you are coming here to act a movie?" narrates a witness who said he could hear the armed men shouting. Amongst those confirmed dead is 18 year old Sandra, a secondary school student in Bamenda. "She went out with friends to see the Nigerian actor, Madu not knowing she
Read more

Anglophone Crisis: Mouths To Go Hungry As Breadwinner Is Killed

Image
By Raymond Dingana Fuchi Albert Sam, a native of Kom in the Northwest Region of Cameroon was the lone provider for his family.  He would toil during the day and night, in the rain and under the sun just to make sure the many mouths that depend on him never go hungry, that the sick is treated and the naked clothed. On his way home from his job side, little did he know death was right there waiting for him.  While driving towards the Travellers neighborhood in Bamenda, one of the boiling areas in the current war ravaging the Northwest and Southwest regions of Cameroon Saturday evening, he was stopped by gun men who discharged bullets on him leaving him unresponsive even to the wailing of loved ones.  Who will take care of these children, who will be there for them when no one is there, who would they call Papa again , anyone with a hand in this will never know rest. As they love to see others suffer, may that also be their portion, cries an old woman as Fuchi's dead body lies in his
Read more

Inside NWR: Read Latest News From The Northwest Region of Cameroon

Image
By Raymond Dingana Anglophone Crisis Victim Cries For Help Mbah Roland says he was shot by Cameroon Soldiers in an Armored car last October 8, 2021 at Mbengwi Road Mbah Roland, Victim Of Anglophone Crisis Now With One Leg After He Was Shot I had just closed from work as a commercial biker and was heading home to my family when the soldiers rained bullets on me, recounts Mbah. He lost a leg as a result and since then has not been able to take care of his family. I am begging on perons of goodwill to help me even if it means just educating my children. I have spent all what I ever made since I started working. Commercial bikers Decry Police Harressment Commercial bike riders in Bamenda have continued to lament over what they say is police harassment on a daily basis. The say the police would hid in people's shops and jump out when bikes are passing and start asking for money, Elements of the third district police station at ringway street in Bamenda held my bike and forced me to give
Read more