The Bole Community Co-operative Credit Union (BOCCCU) has on Saturday December 9, 2023 commissioned an ultra modern office at Tuna.
Speaking at the ceremony, the Chairman of the Board of Directors, Mr Dramani Natogmah Adams, said the Bole Co-operative Credit Union was established in the year 2000 and after which its ownership was transferred from the Bole catholic workers to the community.
Mr. Dramani Natomah added that it gained its affiliation status in 2002 as a community credit union and it operates within Bole, Sawla-Tuna-Kalba as well as the Savannah Regional Capital Damongo.
It has a total of 3 branches, situated at Tinga, Tuna and Damongo.
The Credit Union currently has a total membership of 6,149 and out of this number, Tuna branch has a membership population of 1,180, made up of 295 women, 635 men and 250 groups & organizations.
BOCCCU has a total of 53 work force (employees) and out of this number, employees employed and stationed in Tuna for the Tuna Branch is 11.
The Chairman of Board of Directors said “I wish to take you through memory lane a bit, in the year 2020/2021, there was a new Board of Directors that took over office from their predecessors and as earlier planned and thought trough by our predecessors, the new board as part of promises made during one of the Annual General Meetings (AGM), promised to work hard to provide Tuna and its environs with a befitting office and today it is clear we have been able to achieve this with the help of God”.
Mr. Natomah mentioned some achievement of Bole Credit Union saying they can boast of having performed so well over the years and continue to perform to the extent that the Chapter chairman of the Upper West chapter is chosen from the Bole Community Credit Union.
The Bole Community Credit Union in the midst of all economic challenges that bedeviled the state, especially due to the banking sector clean up, BOCCCU was able to sail through these difficulties and no member suffered any financial loss due to the above issue and also BOCCCU continues to record growing net surpluses over the years and continue to increase its assets size year by year as well as its membership growth.
In terms of CUA standards, BOCCCU in 2022 financial year obtained a viability (grade A ) status in its ranking he added.
Gariba Tunawura Daniel Safo Mahama Amantana, informed the gathering that the success of the credit union was crucial because it would improve the livelihood of the people if they save with the Credit Union.
He said, the institution has been growing since 2002 and encouraged the gathering to embrace the services of the Co-operative Credit Union and that customers will never regret doing business with them.
Source yagbonradioonline/Fataw Diwura
