Category: News

The foundation stone of the building to host the new head office of AniCCUL has been laid.

This was by HRH the Fon of Bamendankwe, Fon Forchesirri III, accompanied by the Mayor of Bamenda I Council, Mbigha Félix, clergies from the Baptist and Presbyterian Church and the BOD Members past and present, committee members, management and staff and members of the public.

This was on Wednesday April 9, 2025. Fon Forchesirri III said a structure of the magnitude was long over due for AniCCUL 26 years after creation, adding other communities had shown the way by investing on such structures. He praised the management and BOD of AniCCUL for trusting the project in the hands of a youthful but experience team as a mark of a bright future for Bamendankwe.

The Mayor, Mbigha Felix was proud that AniCCUL has taken this giant step and that this will confirm its leadership position in Bamenda I as the leading financial institution.

Mr. Joseph Nji, pioneer BOD president praised the stride made and advised that the union should do more to acquire land nearby so as to create enough parking to host events that will hold at the hall.

The General Manager of AniCCUL, Tamajong Valery presented the new structure, a four level building with the following specifications.

Basement

Will carry a mezzanine and can host 1500 members for meetings. 2 toilets, Kitchen and two dressing rooms.

Ground Floor

Will serve as AniCCUL Head Office with a
– Banking Hall with 4 cashier counters.
– Waiting space for members.
– The G.M and A.G.M’s offices with internal toilets.
– The G.M. secrétariat
– General secretariat.
– 10 Offices for other workers.
– A Safe and Bulk room.
– A conference room for BOD meetings.
– Four toilets and a kitchen.

First Floor

This level will consist of;
– A big store room for archives,
– 3 apartments of 2 rooms, parlour, kitchen, 2 toilets and a veranda each.
– 2 Studios of one room, parlour, kitchen, one toilet and veranda.
The apartments and studio are for commercial use as guest houses for members and other customers.

Second Floor

The last level will be for commercial use also and will comprise of;

– 1 Appartment of 3 rooms, two toilet, parlour, kitchen, varenda,
– 3 apartments of 2 rooms like below
– and 1 studio like below.

Welcome to Buea, the land of Legendary Hospitality, a historic town and capital of the South West Region. ANICCUL has an active presence here as we make sure you grow your business no matter where you are.

ANICCUL Buea is a full fledge office that is well located and staffed to take care of all your financial needs.

Do you know!

– We are located at Sandpit just after Okada park moving up towards Bakweri town

– We are Open Every working Day from 8 am to 3:30 pm

– We offer door to door banking service (daily collection)

– Call us now for more i formation (679047403)

Our Services

– Daily Savings Collection
– Savings Accounts
– Deposit Accounts
– Group Accounts
– Preference Share
– Term Shares
– Payment of Pensioners
– Payment of Civil Servant salaries
– Overdrafts facilities
– Productive and Consumption Loans
– Project Financing
– Njangi Financing
– Special Withdrawal Slip Services
– People With Special Abilities
– Cheques and Special Operations
– MTN Mobile Money services
– Money Transfer Operations
– Inter-branch Operations
– Other Lending and Counselling Services

And above these are international money transfer no matter which part of the world you find yourself. Get close to your account or relatives with any of these services.

MoneyGram
World remit
Ria Money and plenty others

Just Try Us now and see the difference

The 2024 AGM of Aningdoh Cooperative Credit Union Limited (ANICCUL) is now history but one notable thing the members took home is that their hard earned savings are in very safe hands, indeed ANICCUL from the balance sheet presented is on an upward curve with several mile stone achievements in 2023.

Most members at the end of the 2024 AGM were very elated with the tract progress of the union. “I am going back a very satisfied member of  AniCCUL”  Nchang Bernice said.

“The things that have been done, the growth we are seeing, the interest I received for my savings, and even the items that I received for participating today make me extremely happy” another member, Abongwa Alfred said in pidgin English as he showed his take home package.

Looking back at the activities of the Union in 2023, some of the achievements are very evident like;

–        AniCCUL remains one of the fastest growing Credit Union in the CAMCCUL network. AniCCUL recorded 570 new members in 2023, a challenging feat to achieve with the harsh and competitive climate in the region

–        AniCCU’s balance sheet grew by 25% far above the network standard growth rate of 15%.

–        AniCCUL paid attractive interest on members’ savings in 2023.

–        AniCCUL in the course of 2023 was officially recognised by two different media organs as the best peoples oriented Credit Union.

–        AniCCUL  was able to obtain legal possession (land certificate ) for the newly acquired plot at Station on the GBHS Bamendankwe Road.

–        Two collections centres were opened in 2023. Beside these tangible results, AniCCUL placed emphasizes on sustainability. Management has put in place enough Reserve funds to cover for any future huddles or losses.

 AniCCUL  in the past five years continue to be profitable, closing each of the past five years with a net surplus. The board ensured these surpluses are plough back into the business as reserves.

Management also explored ways to diversified Income generating activities. Today,  AniCCUL  offers Western Union Operations, RIA, WORLDREMIT and Moneygram in all our offices. This is to enable our members to reach their families members, accounts and business from anywhere in the world.

AniCCUL  has also fully integrated Online platforms like whatsapp, facebook and a fully functional website to bring its services closer to its members. AniCCUL continue to encourage mostly rural farmers and petit traders with small loans at special interest rates in keeping with the ideals of the credit union movement.

Meanwhile as a way to continue to guarantee the savings of members are not tampered with,  A special Loan Recovery Task Force shall be put in place to help tackle loan delinquency. This Task force shall use various reprisal means if necessary to make sure that recalcitrant members are called to order and loans recovered from them. Some very bad loans shall also be privatized and given to capable recovery agents who will work on a commission of the amount actually recovered.

In prelude to the Annual General Meeting of Aningdoh Cooperative Credit Union on Sunday 28 June 2024, the Board of the Union meets on Thursday January 25, 2024 at the Union house. Its a time for the managers of ANICCUL to dot the i and cut the T before taking the accomplishment of the year to the owners, the AGM.

Under the credit Union Movement, the AGM represents the highlight of the year, and one where all share holders (members) should attend to feel the pulse of the union. It is at the AGM that the union balance sheet is presented, the various reports tabled for approval and it is at the AGM where the plan of action for the coming year is laid. Its also here that the  the owners of the union vote or approve those that will continue to manage their savings on their behalf.

The AGM therefore is a must attend event in the life of the credit union and the questions we should be asking ourselves is whether we will be there.

Off course there are always incentives for  the first of members that honour this old time tradition of the credit union movement. Don’t forget your passbook as that is your ticket to the AGM. lets all rally at Bluemoon for the 2024 ANICCUL AGM.