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The Communal pioneered the first merger in the Credit Union movement in Grenada. In 2003 the membership of the Vincennes Co-operative Credit Union resolved to merge with The Communal. This was accomplished in December 2003. With the expertise developed there have been other mergers by other Credit Unions.
The Communal is now in the final steps of closing another merger – the largest membership merger to date – with the Perdmontemps Co-operative Credit Union, with estimated membership of five hundred and forty-five (545). As of December31, 2008, the Communal has over eleven thousand (11,000) active members.
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