Speaking at the 2023 Annual General Meeting (AGM) in April, the Board Chair of the Union, Dr Mrs Philomena Dadzie, attributed the growth to
sound management practices and strategic measures put in place by the Union. She noted that despite the harsh economic challenges in the country,
the Union made significant progress in its overall membership growth, covering more than 60 percent of the total staff population.
“Due to inflation and other factors faced in Ghana, the credit union system was riddled with the issue of late loan payments, low deposits, and
low membership generally,” Dr Dadzie said as she presented her report and financial statement to members at the AGM.
UPSA Credit Union announces impressive financial growth.
DateJune 6, 2024
The UPSA Co-operative Credit Union has announced impressive growth in its assets and financial performance for the 2023 fiscal year.