By Nakasia Logan
In a move aimed at showing appreciation to its members, the Guyana Public Service Cooperative Credit Union (GPSCCU) has announced a 2% interim dividend payout.
Karen Vanslytmun, Chairman of the credit union, made this announcement, highlighting the decision as a gesture of gratitude towards the valued members who have eagerly awaited additional benefits from their association with the credit union.
The decision was reached by the board of directors, signifying their commitment to the financial well-being of the members.
Chairman Vanslytmun explained that the interim dividend payout is payable to members who were part of the credit union during the period covered by the last Annual General Meeting (AGM) in 2021 and 2022.
Members eligible for the dividend can expect it to be payable by the next Friday following the announcement.
They will have the flexibility to choose how to utilize their dividends, whether by allocating them to ordinary or special savings or utilizing them as they see fit.
Expressing gratitude to the members for their continued support and patience, especially during challenging times, Chairman Vanslytmun emphasized the credit union’s unwavering commitment to its members’ financial well-being.
She underscored the importance of the interim dividend as a tangible benefit provided by the credit union to its community.
As the GPSCCU celebrates sixty years, the Chairman reaffirmed the board’s dedication to upholding principles of integrity and transparency.
She emphasized the board’s commitment to guiding decisions and actions in a manner that fosters the prosperity of its members and the broader community.
The interim dividend payout reflects the credit union’s mission to provide tangible benefits to its members while maintaining its core values and commitment to community service.