Saint Lucia’s cooperative financial movement entered a new chapter with the official launch of First Community Credit Union, following the successful integration of the former West Coast Credit Union into the Mon Repos Eastern Co-operative Credit Union.
The transfer of assets and liabilitiesapproved by members of the West Coast Credit Union and completed prior to October 2023 marks a significant milestone in strengthening community-based finance across the island. With the change of name and management taking effect on November 1, 2025, the combined institution now operates five branches; Mon Repos, Micoud, Vieux Fort, Anse la Raye and Canaries.
For residents of the West Coast, the launch represents more than an administrative change. It brings expanded access to a wider range of financial products and services—many of which were previously concentrated in the east now available closer to home. From personal and business lending to savings, insurance, and advisory services, the new structure is designed to support everyday financial needs while fostering long-term economic resilience.
Building on Mon Repos Credit Union’s history of successful consolidation, including its earlier integration with the former Micoud Credit Union in 2004, First Community Credit Union reflects a model of growth rooted in cooperation, stability, and shared purpose.
As Saint Lucia continues to navigate economic change, the launch of First Community Credit Union signals renewed confidence in the power of collective action to strengthen communities, expand opportunity, and keep financial decision-making grounded in local hands.
