The Cayman Islands Civil Service Association (CICSA) Co-operative Credit Union Ltd. (“Credit Union”) has named this year’s recipients of the Credit Union’s Annual Educational Grant Programme. 166 grant recipients were chosen out of 209 applicants and have each received monetary grants of various amounts. The grants, which totaled some CI$200K were presented to the successful applicants on Thursday, 2 August 2018 in the Credit Union’s main office lobby located at 58 Huldah Drive, George Town.
“The Credit Union differs from other financial institutions in that we put our members first. We provide affordable financial services and significant opportunities for lifestyle advancement to all of our members. The annual Educational Grant Programme exemplifies our core value proposition of ‘Members Helping Members’, and allows us to provide real help to students and their families assisting them to achieve their educational goals” added Michael Nixon, Chairman of the Credit Union’s Board of Directors.
“Community support lies at the heart of our core values. Our priority is to provide Credit Union’s members and by extension, our community, with the resources needed to achieve success in their lives,” commented Patricia Estwick, Credit Union’s CEO
Credit Union members or their children, in good standing pursuing post-secondary studies locally, overseas or online, were able to apply for an educational grant. Grant member recipients are selected based on their academic record, character references, area of study and level of community involvement.
About the CICSA Co-operative Credit Union Educational Grant Programme
Educational grants have been awarded by the Credit Union for 24 years (since 1994), providing more than KYD $2 million dollars in grants to Credit Union members. This year, the programme awarded KYD $200,000 in grants. Additional information about the programme can be found at https://www.cicsa-creditunion.org/educational-grants
About the CICSA Co-operative Credit Union Ltd.
The Cayman Islands Civil Service Association (CICSA) Co-operative Credit Union Ltd. is a financial institution founded in 1975 by 7 Cayman Islands Government Civil Servants, incorporated in 1976 and operates as a non-profit organization providing services to members at low fees, encourages saving, and offers competitive loans to members. Membership in the Credit Union is limited to persons who have attained 18 years of age and are employed by the Cayman Islands Government (including statutory authorities/boards/bodies) and/or local utility companies, and/or related to an individual employed by these bodies. Youth accounts are also offered to those below 18 years of age. The Credit Union is governed and operated by its members, all of whom are owners/shareholders and share in the distribution of dividends. For more information visit www.cicsa-creditunion.org or call 345-949-8415.