29/03/2024
Echoes of Endurance, Ntarinkon credit union Journeys Through Time
Ntarinkon Credit Union Marks 50 Years of Growth and Excellence
Bamenda, Cameroon - In a grand celebration held at the Big Mankon Cathedral Hall in Bamenda, the Ntarinkon Cooperative Credit Union (NtaCCUL) commemorated its Golden Jubilee on the 23rd of March 2024. The event was graced by esteemed guests including the Governor of the North West Region, the SDO for Mezam, the Board of Directors, and members of the Union.
Established in 1972 as a small discussion group with just 15 members under the leadership of Pa Elias Nde Wara, NtaCCUL has come a long way. Initially focused on weekly thrift contributions known as "njangi" and savings ranging from 5frs to 100frs, the credit union has evolved into a powerhouse with approximately 95 thousand members, with a total assets of 62.4 billion, and over 15 branches across Cameroon.
Through accreditation as an affiliate of CamCCUL in 1985 and now affiliated to Rainbow Co-operative credit union Ltd, NtaCCUL has solidified its position as the most reliable micro financial institution in Cameroon and the CEMAC sub-region. The union's commitment to innovation is evident in its digital transformation, featuring ATM/VISA card machines in all branches, an online app for mobile banking, and offline USSD services for easy access to financial transactions.
Over the years, NtaCCUL has garnered numerous prestigious awards recognizing its excellence in customer service, interest rates, resilience during crises, and digitalization efforts. The Golden Jubilee celebration was not only a time for reflection but also an occasion to honor distinguished members for their contributions to the union's growth and success.
The General Manager of NtaCCUL highlighted the institution's position as the largest credit union in Cameroon and set ambitious goals for the future, aiming to become the best in Africa within five years. With a strong foundation built on principles of integrity