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Announcements (44)

  • EduCom & Gateway Credit Unions ready for Amalgamation

    EduCom Membership Release Voting Power Following months of discussions, due diligence and anxiety for some stakeholders, matters came to a successful end yesterday when members of EduCom Co-operative Credit Union voted overwhelmingly for the amalgamation of their credit union with Gateway Credit Union. The members of Gateway Credit Union had voted for the merger on April 18. This event is seen as an historic moment in the Credit Union Movement, as it is the first time that a Credit Union from the East is being merged with one from the West. Under the credit union movement’s rules of association there were no common bonds between members of Gateway and EduCom Credit Unions, as they live and work in separate parishes. The passing of the merger resolution on April 25, at the Jamaica Conference Centre, signifies the amalgamation of two compatible credit unions that are regarded as robust, innovative, and forward thinking. Both entities are expected to be merged by year end and a new entity should come into being by January 1, 2025. The merged entities, to be operated under a new name, will boast assets of over $28B and will operate from 13 locations, with over 200 members of staff serving a membership of over 174, 000 Jamaicans. Members will definitely benefit from having a wider array of financial services and improved service delivery channels , powered by technology. Speaking at the general meeting, both the President of Gateway Credit Union, Reverend Glenroy Clarke and Mr. Hector Stephenson, President of EduCom Credit Union endorsed the merger calling it “ an exciting journey for both Credit Unions”. The name of the new entity will be decided by the membership of both credit unions, through a “ Name It” competition to be launched shortly. With the merger of Gateway and EduCom Credit Unions the number of Credit Unions in Jamaica will move from 25 to 24. More mergers are expected by year end. For More Information Contact: Claudette Christie (Ms) Communications Consultant for Merger Project Mobile : 876-870-0225 Email: Firstoptionja@gmail.com

  • Notice to the Members on Resolution for Amalgamation of Gateway Co-Operative Credit Union (2017) Limited with EduCom Co-Operative Credit Union (2017) Limited

    Whereas The Gateway Co-operative Credit Union (2017) Limited has over 78,547 members and assets of over $13.16 Billion as at December 31, 2023 and Whereas EduCom Co-operative Credit Union Limited has over 92,000 members and assets of over $15.21 Billion as at December 31,2023 and Whereas both Credit Unions can benefit from the pooling of resources and the resultant economies of scale Be it resolved that the Special General Meeting of the EduCom Co-operative Credit Union Limited agreed that the Credit Union shall be amalgamated with the Gateway  Co-operative Credit Union(2017) Limited  as long as the members of that Credit Union agree on the following conditions: The name of the amalgamated society shall be decided by both Credit Unions. The effective date of amalgamation and registration of the amalgamated Society shall be January 1, 2025 The rules of the amalgamated societies shall be decided on by both Credit Unions and approved by the Registrar Co-operative Societies and Friendly Societies. The Registered Head Office of the amalgamated Society shall be decided by both Credit Unions and shall be included in the new rules. All members of each of the amalgamating societies Gateway Co-operative Credit Union (2017) Limited and EduCom Co-operative Credit Union Limited when the resolution of amalgamation is registered shall be members of the amalgamated society each of whom respectively shall have recorded in the books of the amalgamated society the like amounts of shares, loans, deposits, dividends and interest as are shown in his/her account in the books of the society of which he or she is a member at the date of such registration. The amalgamated society shall be credited with all the assets of Gateway Co-operative Credit Union (2017) Limited and EduCom Co-operative Credit Union Limited at the date of registration and shall undertake all the obligations affecting both of the said Credit Unions at such date. The Board of Gateway Co-operative Credit Union (2017) Limited duly appointed by its members shall be given the right to assume all responsibilities to ensure that the regulatory financial, accounting and operating standards of the Co-operative movement are duly adhered to in discharging this obligation. The interim Board of Directors, Supervisory and Credit Committees shall be decided by both Credit Unions and approved by the Registrar of Co-operative Societies and Friendly Societies until the first Annual General meeting of the amalgamated Credit Union.

  • Latest Repossessed Motor Vehicles for Sale

    Gateway Co-operative Credit Union has the following vehicles listed for sale: 2017 Mitsubishi Fuso Box Truck 2008 Isuzu Elf Truck 2005 Isuzu Forward Dump Truck 2003 Volvo Flat Bed Truck 2015 Honda Accord 2013 Toyota Hiace 2013 BMW 2016 Corolla Fielder 2014 Nissan Lafesta All vehicles are stored at UCAL’S Auto Sales, Godfrey Dyer Blvd (formerly Sunset Blvd.), Montego Bay. Advertisements will appear in the print media soon. Contact Us For more information please get in touch with your Gateway branch by clicking the button below. Interested in buying a car and need help with finding the fund? Sign up for our Motor Vehicle Loan at https://www.gatewayja.com/loans/Personal/Motor-Vehicle-Loan to see how we can help.

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Other Pages (103)

  • Internal Cash Secured | Cash Secured Loans | Loans | Gateway Co-Operative Credit Union Jamaica

    Quick Links » About This Loan Important Information Additional Details Steps To Apply Media Gallery Similar Opportunities Home › Loans › Cash Secured Loans › Internal Cash Secured Internal Cash Secured The Internal Cash Secured Loan provides funds using your internal savings/investment account. It has same-day loan processing and approval. Apply Now Internal Cash Secured About This Loan About This Loan Internal Cash Secured Loans are taken out using your internal cash or investments as collateral. Get up to 10 years to repay with same day processing and approval Apply Now What You Need To Know Up To 95% of Internal Account Balance in Available Funds 10 Years To Repay Up To Same Day Avg. Approval Time As Low As 8% Interest Rate Up To Important Information Additional Details Additional Information Who is This Loan Primarily For? Cornwall County residents, who are Gateway Shareholders, who are willing to draw funds from their shares account Cornwall County residents, who are Gateway Shareholders that need funds quickly Cornwall County residents who want to own shares in Gateway Do I Need Collateral To Apply For This Loan? Yes Minimum Amount Disbursed For This Loan? $5,000 What Are The Requirements To Apply For This Loan? Must have a minimum of 5% shares in Gateway. ID TRN Savings or Investment Account Steps To Apply Steps To Apply 1 1 JOSIE LANE JOSIE LANE This is dummy text that we need to replace I'm a paragraph. Click here to add your own text and edit me. It's easy. Get Started Today Our Team Stands Ready If you're interested in any of our loans, we'll pair you with our expert member care representatives, who will work with you to understand how to bring you to the solution they need. Get In Touch Media Gallery Media Gallery STILL NOT SURE? Deciding whether Gateway is the right partner for your loan? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us. Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions . Similar Opportunities Similar Opportunities Investsecure Loan (External) The InvestSecure Loan provides funds using your external savings/investment account. It has same-day loan processing and approval. View Loan Within Shares The Within Shares Loan provides funds using your shares in Gateway. Up to 95% financing is provided along with same-day loan processing and approval. View Loan

  • Health Insurance | Insurance Products | Gateway Co-Operative Credit Union Jamaica

    Home › Insurance › Health Insurance › Button Health Insurance Health Insurance Our health insurance plans cover families in case of serious illnesses. See below Family Critical Illness Plan The Family Critical Illness Plan provides up to $3M in critical illness coverage for you and your family members. View Insurance Plan Critical Illness Rider The Critical Illness Rider provides victims of serious illnesses with a Family Indemnity Plan benefits of up to $1 million with no medical required View Insurance Plan Have questions about our insurance plans? Gateway Co-operative Credit Union provides our insurance coverage through CUNA Caribbean Insurance, a provider with over 80 years of impact in the region. Our customer service teams are ready and waiting to help you answer any questions you may still have. You can also view the Frequently Asked Questions page to get help. Contact Us

  • Easi Access Loan | Lines of Credit | Loans | Gateway Co-Operative Credit Union Jamaica

    Quick Links » About This Loan Important Information Additional Details Steps To Apply Media Gallery Similar Opportunities Home › Loans › Lines of Credit › Easi Access Loan Easi Access Loan The Easi Access Loan allows members to borrow a pre-approved loan of $50,000 to $800,000 and does not require collateral. Apply Now Easi Access Loan About This Loan About This Loan The Line of Credit (Easi Access Loan-Unsecured) Loan offers members the chance to borrow a minimum of $50,000 and a maximum of $800,000 with no need for collateral, unlike the Easi Access Plus Loan-Secured category. It is one of the two categories offered by the Line of Credit Loan opportunity. Apply Now What You Need To Know Up To $800,000 in Available Funds 5 Years To Repay Up To 3 - 5 Working Days Avg. Approval Time As Low As 22.5% Interest Rate Up To Important Information Additional Details Additional Information Who is This Loan Primarily For? Cornwall County residents, who have an active Gateway account for 2 years, looking for funding Cornwall County residents who need a small loan to fund personal activities Cornwall County residents who do not have assets to use as collateral Do I Need Collateral To Apply For This Loan? No, the unsecured line of credit does not require collateral. Minimum Amount Disbursed For This Loan? $50,000 What Are The Requirements To Apply For This Loan? Must have active account for 24 months Completed scoring sheet Income history Debt service ratio history Credit history Required to maintain a minimum balance of 5% of your approved limit as long as the loan is being used Only open to Gateway members who have had an account for over 24 months Steps To Apply Steps To Apply 1 1 JOSIE LANE JOSIE LANE This is dummy text that we need to replace I'm a paragraph. Click here to add your own text and edit me. It's easy. Get Started Today Our Team Stands Ready If you're interested in any of our loans, we'll pair you with our expert member care representatives, who will work with you to understand how to bring you to the solution they need. Get In Touch Media Gallery Media Gallery STILL NOT SURE? Deciding whether Gateway is the right partner for your loan? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us. Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions . Similar Opportunities Similar Opportunities Easi Access Plus Loan The Secured Easi Access Plus Loan allows members to borrow a pre-approved loan of $50,000 or more based on collateral) secured with collateral. View Loan

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Family Critical Illness Plan

The Family Critical Illness Plan is hinged on providing timely support to individuals and their loved ones. The Family Critical Illness Plan provides up to $3,000,000 in critical illness coverage for Heart Attack, Stroke, Major Burns, Cancer, Paralysis and Coma.

This plan covers the Certificate holder and five other eligible family members.

Critical Illness Rider

You would be able to sign up for the Critical Illness Rider once you have enrolled in a Family Indemnity Plan and have not reached the age of 60. You would also have to have the family indemnity plan.

Family Indemnity Plan

This is an insurance plan that focuses on helping your loved ones cope, by making it easier to access funds for your loved ones’ final arrangements.

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