Tag: Credit Union
Minister stands by consultation on new fees
(CNS): Financial Services André Ebanks is standing by his decision to engage local financial institutions in a consultation over proposed fee hikes next year. Premier Juliana O’Connor-Connolly has claimed that she was not aware of a proposal to implement a $200,000 annual fee on the Credit Union, among other financial institutions. However, Ebanks has said […]
More UPM cracks emerge into full public view
(CNS): The continued disunity and disagreements among the UPM caucus and its inner circle came into public view again this week when MPs and ministers played out their differences on the government-owned radio station. Premier Juliana O’Connor-Connolly made it clear she didn’t support the fee hike proposed on the Credit Union, and McKeeva Bush called […]
Credit Union raises alarm over possible $200k fee hike
(CNS): The Credit Union is calling on members to vote against a potential fee hike as part of proposed amendments to the Cooperative Societies Act. The public servants’ bank is speaking out against the amendments, which are aimed at offshore financial entities. If it is caught up in a possible $200,000 operating fee, this could threaten […]
