BAFCCUL Women on the Move

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BAFCCUL Women on the Move

50th Anniversary Celebration in Kumba

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Board President hands over car keys to GM

BAFCCUL's 50th Anniversary Celebration in Bafut

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Marketing Staff analysing the next strategy

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Price Award on Women's Day Celebrations in Bafut

BAFCCUL Women were awarded the first price in Match Past in Bafut Sub Division during the 2016 Women's Day Celebration.

2018 Staff Meeting at the Head office in Bafut

Corporate Staff Meetings are ussually held to keep the workers informed and educated them on the Union's policies.

Labour Day Celebration

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2016 Education Meeting holds in Bafut

During the Mid year Educational and Extraordinary General Meeting a lot of education on Credit Union operation was given to the members. Members unlike before  were only educated on the importance of contracting loans for financial empowerment, this time they  were educated on the importance of paying loans regularly as hence the Union will be stricter in Risk Management claim treatment than ever before. Members who do not service their loans properly will in the event of death or permanent disability have their claims rejected and as a result, will have their mortgaged property disposed of with impunity in order to recover such  loans. Therefore, claim files forwarded must not be processed and paid.

Members were also educated on the necessity of paying charges as requested since such charges are sources of income. This is because many members are refusing to pay charges as per the regulation in place not knowing that, they are putting the union at risk since taxation increasing taxes daily will never at any one time permit the office to open after the 15th of each month if taxes have not been paid. Equally, taxation imposes a 100% penalty should the union not pay taxes by the 15th of each month. Consequently all members were advised to respect the payment of charges as per the regulation, for , by doing so, they are ensuring the continuity of their darling union.

Members were equally educated on the necessity of encouraging the youth and other non members to register into the union so as to ensure the future existence of the Credit Union as the older members age out.

Members were also educated on savings withdrawal which runs down the financial strength of the Credit Union which relies on shares and savings for its financial power. Another danger  of withdrawing savings is the loses caused to the union as insurance  premium paid upfront can  not  be redeemed when members withdraw the savings . This is why those who do prompt savings withdrawal are requested to pay charges so as to redeem the premium that had been paid.