{"id":251866,"date":"2025-09-30T06:37:03","date_gmt":"2025-09-30T10:37:03","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=251866"},"modified":"2025-09-30T08:15:24","modified_gmt":"2025-09-30T12:15:24","slug":"the-atlu-is-considering-the-creation-of-a-credit-union-for-its-members","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/the-atlu-is-considering-the-creation-of-a-credit-union-for-its-members\/","title":{"rendered":"The AT&LU is considering the creation of a credit union for its members"},"content":{"rendered":"
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Union Eyes Credit Union to Bolster Members\u2019 Security<\/strong><\/p>\n\n\n\n

The Antigua and Barbuda Trades and Labour Union (AT&LU)<\/a> is considering the creation of a credit union for its members as part of efforts to shield workers from inflation and economic uncertainty, President Bernard de Nully<\/a> told delegates at the union\u2019s 86th Annual Conference.<\/p>

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De Nully said the initiative would give members greater financial stability at a time when workers continue to face wage violations, inadequate pension payments, and the rising cost of living. <\/p>

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He framed the proposal as both a practical response to current pressures and a way to reinforce solidarity within the labour movement.<\/p>

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\u201cThe time is now,\u201d de Nully said, arguing that a member-owned financial institution could offer affordable services while helping workers plan for retirement.<\/p>\n\n\n\n

He linked the plan to the union\u2019s historic role in securing better conditions for ordinary Antiguans, saying the AT&LU must adapt to ensure workers are protected in today\u2019s volatile global economy.<\/p>

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The president also warned that Social Security contributions alone would not be enough to guarantee timely pensions in the coming decade.<\/p>

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He urged delegates to support measures that strengthen worker protections and financial security, insisting that \u201cbetter days are ahead, as long as we stay together.\u201d<\/p>\n\n\n\n

The proposal for a credit union came alongside announcements of recent wage negotiations, including a 14% increase for non-established workers, underscoring the union\u2019s push to deliver tangible benefits while exploring new avenues of support for its members.<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP Union Eyes Credit Union to Bolster Members\u2019 Security The Antigua and Barbuda Trades and Labour Union (AT&LU) is considering the creation of a credit union for its members as part of efforts to shield workers from inflation and economic uncertainty, President Bernard de Nully told delegates at […]<\/p>\n","protected":false},"author":3,"featured_media":251700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-251866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua and Barbuda Trades and Labour Union (AT&LU) Proposes Credit Union - Antigua News Room<\/title>\n<meta name=\"description\" content=\"The Antigua and Barbuda Trades and Labour Union (AT&LU) plans a credit union to support members amidst economic challenges.\" \/>\n<meta name=\"robots\" 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