Lomas Verdes Cooperativa

For the year 1965, a group of parishioners of St. Augustine Parish in the neighborhood Lomas Verdes raised the interest to organize a cooperative. These concerns had to do more by economic problems in their community. After consulting with experts, the flag of the credit union Lomas Verdes sixteen founding members rose. Parishioners appointed Mr Diego Cancel, the founder and partner number 1 as Chairman of the Board of Directors. The operations center at that time was St. Augustine Parish. The first meeting took place in marquees with relatives of Mr. Cancel, located in Sunflower Residential Street Lomas Verdes in Bayamon, with 16 of the 75 people who had originally signed to form the Cooperative. One year after being founded the Cooperative, Mr. Eugenio Asencio Rodríguez (Geno), one of the founding partners, we prepared a local Cooperative in your store, located at Calle Duende, for meetings held without charging rent. There was the cooperative until 1977, Mr. Asencio bought a house and was sold to the Cooperative for a modest fee for use as an office. It stood at the Duende Street 2 G-1 Walnut Corner in Bayamon. Eventually the house was remodeled, as it was called, and it was named Cancel Building Diego González. The cooperative began with $ 2.00 that brought each charter member, bringing an initial capital of $ 32.00. With that capital, the cooperative granted the first loan in the amount of $ 25.00. Today the credit union Lomas Verdes has assets of over $ 38 million and has a variety of services. MISSION Give the community the best and most competitive financial services in order to develop the economic growth of our society. VIEW Being a leading financial institution in service quality, strength and constant innovation. Offering our partners the best financial products and services designed to meet your present and future needs.