GAWU credit union pays out millions to members

Members at the meeting (GAWU Credit Union photo)

The 2018 and 2019 Annual General Meetings of the GAWU Credit Union have approved measures which will see members benefiting from nearly $5m in their accounts.

A release yesterday from the Guyana Agricultural and General Workers Cooperative Credit Union Society Limited said it concluded its 26th and 27th Annual General Meetings on Saturday December 12, 2020.

The 2018 AGM approved the payment of a 1.75 dividend to all members who had ordinary savings balances at the end of 2018. Apart from that, the 2019 meeting approved a 21 per cent interest rebate of interest payments paid by members during 2019. These two  measures will see members benefitting from nearly $5m in their accounts.