It’s beginning to look a lot like Christmas!! Warmest Greetings to you my fellow cooperators at this festive time of year. What a year this has been. Eventful at the very least, but more importantly one that’s deserving of unfettered thanksgiving. The stark reality that we should be eternally grateful to be afforded daily blessings […]
Tag: COVID-19
A Holiday Message from the CFF President
Its beginning to look a lot like Christmas!! Warmest Greetings to you my fellow cooperators at this festive time of year. What a year this has been. Eventful at the very least, but more importantly one that’s deserving of unfettered thanksgiving. The stark reality that we should be eternally grateful to be afforded daily blessings […]
Central Finance Facility (CFF) Virtual Annual Post-Budget Breakfast Meeting
The Minister of Finance of the Government of the Republic of Trinidad and Tobago will deliver the 2021/22 National Budget on Monday October 4th, 2021. The Central Finance Facility Co-operative Society of Trinidad & Tobago Limited (CFF) will be hosting our Annual Post Budget Breakfast on Friday October 8th, 2021. You will hear directly from […]
Credit Union Staff Receiving Vaccines
Chaguanas, Trinidad – July 4, 2021: The Credit Union fraternity joined the rest of the financial services sector in the fight to protect front line service providers and the public against the dreaded Covid 19 virus. Although lagging a bit behind, the vaccination of the Credit Union sector began in earnest last Friday as scores […]
Credit Unions must innovate and evolve service delivery to survive in the new normal
Chaguanas, Trinidad – November 13, 2020: The Central Finance Facility (CFF) hosted its first ever virtual workshop on November 6, 2020 entitled ‘Leveraging Technology for Competitive Advantage in the New Normal’. Over thirty (30) attendees from twelve (12) local credit unions participated in this event which was held via Zoom from 9:30 am to 4:00 […]
The Credit Union Movement’s Approach to Fostering Social and Economic Resilience for the ‘New Normal’
The Credit Union Movement’s Approach to Fostering Social and Economic Resilience for the ‘New Normal’ Introduction In times of any disaster, be it natural or otherwise, a need will always arise to strengthen social and economic resilience. If we are to be less vulnerable than we were for the Covid-19 pandemic, there will undoubtedly be […]
Credit Unions Must Improve Competitiveness in the Covid-19 era and beyond.
Even before Covid-19, the finance industry was rapidly changing and steadily becoming more competitive. This was putting pressure on traditional lenders to evolve, preserve and grow their business, with Credit Unions (CUs) being no exception. With complications brought on by Covid-19, CUs must now find innovative ways to transform their financial services. They must strategize […]
Credit Unions must bridge the gap between Financial Services and Emerging Technology
In 2020, digital channels have become the preferred way to interact with financial organizations—73% of U.S. adults report being more likely to use digital financial services during the COVID-19 pandemic and there has been a 50% increase in the use of mobile banking apps from 2019. Given that COVID-19 does not differentiate, its impact is expected […]