Prompted by the good that a Credit Union can do for just about any group of individuals, a request was made to the management of the National Commercial Bank by Messrs. Norman Vickers and Orville Johnson that the staff be allowed to form a Credit Union. The idea, once accepted by the Management, was warmly received by the staff members and Mrs. Irene Hughes, the first Manager, made the necessary preparations and the N.C.B. Employees Co-operative Credit Union Limited became a reality. The Credit Union was established on April 2, 1992, and was formally registered on August 17, 1992. As early as May 1992 it was proposed by the Registrar of Co-operatives and Friendly Societies that the Credit Union Membership Bond should include employees of all Banks. Its inaugural General Meeting was held on October 10, 1992. The starting Share Capital was $398,000.00, and membership was approximately 550. Mr Glenworth Francis, General Manager of the Jamaica Co-operative Credit Union League, welcomed the Credit Union to the family of credit unions which numbered 60 million members worldwide. He continued by outlining the roles and purpose of The League, which was set up by Credit Unions to provide services to and promote the development of Credit Unions. The main speaker was the Reverend O.J. Thorbourne and greetings were brought by Phillipa Beckford of Cuna Mutual Insurance Society.