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History of The Bahamas Law Enforcement Co-operative Credit Union Limited
On April 16th, 1985, the Royal Bahamas Police Force Co-operative Credit Union Limited became registered under the Department of Co-operative Development. It was fully established as a union on April 28th, 1985. By this time, more than one hundred and fifty (150) applications for membership were received.
During the months (April-July 1985) leading up to the first AGM a Steering Committee was appointed to manage the affairs of the Credit Union. Ms. Ismella Davis managed the duties at the Nassau Office, while Mr. Clarence Russell was made responsible for the Grand Bahama District. In a presentation of the report from the steering committee at the first AGM, Ms. Davis reported that approximately $18,920.00 in payroll deductions had been received since April and membership totaled some two hundred and two (202) persons in New Providence and fifty-seven (57) persons in Grand Bahama.
