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Financial institutions play a pivotal role in a society as they provide a variety of information on financial topics to ensure populations are financially educated. Therefore, as we wrap up our financial literacy series for the month of April we thought it would be important to highlight some of their efforts to maintain high levels of financially literacy for generations to come. The City of Bridgetown Co-operative Credit Union Ltd …
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Credit union pushing financial literacy
Article by
by Marlon Madden
The lack of financial literacy among many Barbadians continues to be a major concern for at least one financial institution that is seeking to turn that situation around.
Creig Jones, members relations executive at the City of Bridgetown Co-Operative Credit Union told
Today’s BUSINESS that institution would be embarking on a weekly programme aimed at educating Barbadians on financial matters in an effort to help them make
better choices.
He said the need was even greater given the economic fallout from the COVID-19 pandemic.
“In response to the ongoing financial challenges facing many Barbadians and the growing desire for financial literacy, the City of Bridgetown Co-Operative Credit Union, as a part of it outreach programme to members and the wider public, has created the video series, Members 1st,” he said.