About St. Francis Xavier Credit Union Ltd.
St. Francis Xavier Credit Union Ltd.
Founded in 1947 by Rev. Henry Suttie S.J. It functioned for some years, but it was financially weak and stagnant. In December of 1979 it was re-organized by Fr. James Walsh S.J., and under new management, it has been growing and thriving since.
St. Francis Xavier Credit Union Ltd. is a cooperative financial institution, having a Cooperative Structure. However, Credit Unions are different from other financial institutions in several unique ways. They are organized for the purpose of providing financial services to a certain group of people, the members. All surplus earnings are returned to its members in the form of dividends and rebates annually. It is a democratically controlled organization; each member has one vote. “People Helping People” is the basic philosophy of the Credit Union.
With over 30,000 registered members, St. Francis Xavier Credit Union is the 2nd largest credit union in Belize. It is well known that this institution will always work with its members and for its members.
At present, SFXCU has three branches. One at Sarteneja Village, San Pedro Ambergris and Caye Caulker. All offers the same service for member convenience. All branches are linked to main office.
Vision Statement
The most reliable member oriented service institution; working for financial sustainability and economic growth.
Mission Statement
To uplift the standards and quality of life of all our members through regular and special lending programs.
To promote thrift among our members.
To accumulate capital in the form of shares and deposits in order to create a source of credit for provident and productive purposes