University of Ghana Co-operative Credit Union holds AGM

The University of Ghana Co-operative Credit Union organised its Annual General Meeting (AGM). Prof. William Coffie, speaking on behalf of the Chairman of the Board, said that major macro-economic indicators such as inflation and policy rates reduced significantly compared to the previous year. He added that the University of Ghana Credit Union provided a unique window for strategic growth. Prof. Coffie said the Total assets increased from GHS 320.93 million in 2024 to GHS 404.77 million in 2025.

The Member deposit increased from GHS 204.6 million in 2024 to GHS 241.79 million in 2025. Member shares also increased by 41.13% over the previous year reaching GHS.73 million. Total loans rose to GHS188.90 million in 2025 compared to GHS 167.42 million in 2024. The Surplus growth increased by 22.05% over the previous year amounting to GHS24.71 million. The University of Ghana Co-operative Credit Union grew by 1,073, bringing the total to 11,429. Madam Millicent Adgyei Okuampa, on behalf of the CEO of CUA said the 2025 Financial Statement was impressive.

Prof. Coffie intimated that should the general assembly adopt their resolution to distribute GHS.36 million of Surplus, every member will be entitled to a dividend of GHS.14 for every Cedi held in Shares. Prof. Coffie told the gathering that the Board will seek to further extend their footprint