Local News

Marigot Cooperative Credit Union records a 25 per cent reduction in the delinquency rate.

16 January 2026
This content originally appeared on DBC Radio.

Manager of the Marigot Cooperative Credit Union, Vincent Simon, has reported that one of the major successes for the cooperative in 2025 was a 25 per cent reduction in the delinquency rate.

Simon was appointed manager of the Marigot Cooperative Credit Union in April 2025.

In an interview with DBS, he highlighted that the cooperative can boast of a 50-million-dollar loan portfolio for 2025.

Manager of the Marigot Cooperative Credit Union Vincent Simon