Liabilities
Total: $776 million including:
Members’ deposits/sharesâ€â€ÂÂÂÂÂ$700 million.
Loan from Exim Bank, USAâ€â€ÂÂÂÂÂ$24 million.
Borrowing from Intercommercial Bank $12 million.
Mortgage from Clicoâ€â€ÂÂÂÂÂ$35 million.
Assets
Total assets: $623 million comprising:
Fixed Assetsâ€â€ÂÂÂÂÂ$181 million.
Investment propertiesâ€â€ÂÂÂÂÂ$185 million.
Loans to membersâ€â€ÂÂÂÂÂ$164 million.
Available for investmentâ€â€ÂÂÂÂÂ$33 million
Investment in subsidiaries (litigation)
â€â€ÂÂÂÂÂ$60 million
How can we have trust in credit unions again? Have Mr. Harnarine mismanaged our funds for personal gains. What is the real story on this, because I am a member,,and I also have money there,,,,so what are the laws of credit unions,,,that they cannot guarantee your shares value. And the governement is not coming forward on this issue. Its sad but true.
- "Bye Bye HCU
" -
Total: $776 million including:
Members’ deposits/sharesâ€â€ÂÂÂÂÂ$700 million.
Loan from Exim Bank, USAâ€â€ÂÂÂÂÂ$24 million.
Borrowing from Intercommercial Bank $12 million.
Mortgage from Clicoâ€â€ÂÂÂÂÂ$35 million.
Assets
Total assets: $623 million comprising:
Fixed Assetsâ€â€ÂÂÂÂÂ$181 million.
Investment propertiesâ€â€ÂÂÂÂÂ$185 million.
Loans to membersâ€â€ÂÂÂÂÂ$164 million.
Available for investmentâ€â€ÂÂÂÂÂ$33 million
Investment in subsidiaries (litigation)
â€â€ÂÂÂÂÂ$60 million
How can we have trust in credit unions again? Have Mr. Harnarine mismanaged our funds for personal gains. What is the real story on this, because I am a member,,and I also have money there,,,,so what are the laws of credit unions,,,that they cannot guarantee your shares value. And the governement is not coming forward on this issue. Its sad but true.

- "Bye Bye HCU