The NewTeller, April 2008

In This Issue:
Hospitality Suite Opens
•2•
Director Francis
Henry retires
•2•
ACB Mortgage and Trust
Company Limited
20 YEARS AND GROWING
•3•
The Importance of
Due Diligence
•5•
Discover the foods that
make children smarter
•6•
Take Control of
Your Career!
•10•
Hospitality Suite provides
ULTIMATE COMFORT
Our senior citizens, expectant mothers and physically challenged customers are experiencing a new level of comfort
when banking. This was made possible with the opening of
the Hospitality Suite.
Lotoya Barrow, Customer Service Representative, with customer
Irene Roberts
At the opening ceremony, General Manager Gladston Joseph
noted, “With this hospitality suite, we are providing you
with more comfortable accommodation, which allows you
to sit with our customer service representatives while your
transactions are being completed. We are also pleased to
note that our wheelchair-bound customers can also have
access to our customer service representatives.”
DIRECTOR
Francis Henry
retires
W
e bade farewell to Director Francis A. Henry this quarter. His contribution to the ACB Group is noteworthy,
having served as a director for over 25 years.
He was first appointed to the
Board of Directors of Antigua
Commercial Bank in 1983. He
was also one of the founding directors of the ACB
Mortgage & Trust Company
Limited which commenced
operation in 1987. He served
as Chairman of the Mortgage
& Trust Board from 1992 to
1997 and from 2003 to 2005.
Henry has a life-long passion for agriculture and has
served as coordinator of the
Inter-American Institute for the Co-operation of Agriculture
(Antigua), and Farm Improvement Officer of the Antigua
and Barbuda Development Bank.
Antigua Commercial Bank and its subsidiary ACB Mortgage
and Trust Ltd. paid tribute to Henry at a gala reception on
8 March.
We thank him for his significant
contribution, and wish him all the best
in his retirement.
2
Acting Ward Sister Jeanie Batchelor & ACB Director Phillip Harris
Antigua Commercial Bank
donates to
Holberton Hospital
Living up to its civic responsibility as a good corporate citizen, the Bank donated two 22000 BTU air-conditioning units
to the Margetson’s Ward at the Holberton Hospital.
Present at the handing over ceremony was Minister of
Health, John Maginley who thanked the Bank for joining
with his ministry in the upkeep of the lone public hospital.
Acting Ward Sister Jeanie Batchelor noted, “For too long
the staff and patients suffered greatly in the heat. Sometimes we were drenched with sweat especially during the
hot summer months.”
Margetson’s Ward is the only air-conditioned open ward at
the Hospital.
ACB MORTGAGE AND
TRUST COMPANY LIMITED
20 YEARS AND
GROWING
Another A.C.B. Success Story
by Helen James-Looby
ACB Mortgage and Trust Company Limited, the first subsidiary company of the parent Antigua Commercial Bank,
celebrated 20 years of existence on 1 October, 2007.
Incorporated on the 11 September, 1987, this company has
experienced growth and profitability each year of its existence.
With an initial capital of $1M,
a staff complement of three
(3)1 and a board of directors of
seven2, the main focus of the
company’s operations were
long term mortgages and long
term deposit instruments.
Over the years the company
was able to develop its capital
base which currently allows
for a $5.4M credit exposure
limit to a person or group of related persons.
Staff complement now stands at 10. Some current head
office staff members who had contributed as staff at the
Trust during the last 20 years are: Norma Benjamin, Joyann
George, Julie Purcell, Joycelyn Joshua and Lorraine Josiah.
Current team members are Peter Ashe (11), Helen Looby
(1), Melchonie Lewis (2), Dena Martin, Desrie Barriteau (10),
1 Mr. Pershing A.R. Waldron, Mrs. Norma Benjamin, Mrs. Helen James-Looby
2 Mr. C.L. Murray, Mr. Francis Henry, Mr. Lionel Browne, Mr. Peter Blanchard,
Mr. Louis Lockhart, Gerard Benjamin, Samuel Luke
College Fair 2007
- a flashback
Antigua Commercial Bank partnered with the
Ministry of Education for the fifth consecutive
year in sponsoring the International College Fair.
The two-day event was held on 21 and 22 November,
2007 at the Multi-Purpose Centre.
Guardians in Education Forum
This was a pre-event to the Fair. The forum targeted parents/guardians to assist them in making the proper decisions
when sending their children off to college.
Adrian Bass (3), Dawn McCoy (9), Selma Bell (7), Eric Henry
(4),Taj Martin (5), R. Pringle (8), Marissa Horsford and Estella
Samuel (6). The team members at the Trust are staff members of the parent company.
As at 30 September 2007 a total of 2166 applications ($354M)
were approved with 817 loan
facilities on the books ($126 M)
and a non-performing loans
ratio of 1.39 per cent, the lowest level since the inception of
the company.
Having outgrown its space in
the head office building, the
company moved to its own
multi-million dollar building –
The ACB Financial Centre - on
High Street on the 11 September, 2000.
The first manager of the Company – Pershing A.R. Waldron,
retired on 04 April, 2004 and Peter Ashe is the current manager.
The aim of the Trust is to continue to foster a small team
that understands that if the company is to continue to
achieve acceptable levels of returns that the team must
strive to deliver platinum service standards which can only
add value to the ACB Group.
A five-member panel made presentations on various topics.
Included in the panel was Norbert Burton from Consumer
Lending who spoke of the Bank’s Student Loan Programme.
ctd page 4...
The Exhibition
Twenty five educational institutions
from Canada, United Kingdom, United
States, and the Caribbean (including
Antigua & Barbuda) participated in the
exercise. Students and adults were able
to interact with the representatives
and were able to take away literature
from the institutions.
On each day, visitors to the Fair also
had the opportunity to take part in
a half-hour seminar. Day One’s topic
was “Choosing the Right College for
My Dream Career” and Day Two’s “So
You’re Off To College!”
Scholarship
A major attraction to the Fair was the
donation of a two-year scholarship by
Antigua & Barbuda International Institute of Technology (ABIIT). Participants
were encouraged to submit an essay
on the topic “Antigua Commercial
Bank’s International College Fair has
significantly influenced my plans for
higher education”.
The winner was Christine Persaud, a
fifth former at the Princess Margaret
School.
Nelson Simon, Vice Presedent & Head of External
Affairs at ABIIT presenting Persaud with her prize
In the SPOTLIGHT
Executive Shawn Nicholas and expressed the school’s appreciation of the Bank’s continued assistance over the year.
The biggest project to date was the funding of the Antigua
Commercial Bank Library at the school.
IICA Award
The International Institute for Cooperation on Agriculture
(IICA) has heaped high praises on Antigua Commercial Bank
for its support to
their offices and
to
agriculture
over the past 20
years.
Howard Warner, Principal Sunnyside Tutorial & Shawn Nicholas, Marketing &
Public Relations Executive ACB
Plaque from Sunnyside Tutorial
The Bank has been recognized for its contribution towards
the development of the Sunnyside Tutorial School.
At a presentation ceremony at the school, Principal Howard
Warner handed over a plaque to Marketing & Public Relations
4
The occasion was
the celebration of
IICA’s 20th anniversary of the establishment of its
office in Antigua.
ANTIGUA GRAMMAR SCHOOL Cops First ACB Business
Interview Challenge Trophy
A number of students were able to sharpen their business interview skills by
competing in the Antigua Commercial Bank Business Interview Challenge (BIC).
Kadeem Joseph was adjudged winner of the Best Business Attire segment of the
competition. He also copped the Best Overall prize and a trophy for his school.
Jewellene Euzebe of Antigua State College was awarded Best Job Application,
while Durand Tim of Pares Secondary School won Best Interview.
Sonalli Andrews received a special “Initiative” award for very determinedly initiating his own entry into the competition just one day prior to the competition.
The main prize was a laptop computer. Other prizes included MP3 players and
scientific calculators from Antigua Computer Technology Co. Ltd. (ACT), a selection of books from Best of Books, and gifts from Antigua Commercial Bank.
The Business Interview Challenge - the brainchild of Marketing Research Representative Sasha Jarvis - was introduced to enhance students’ job and college
preparation skills. Five finalists were selected for real-life interviews with D. Gisele
Isaac.
Chantel Kroft - AGHS
Durand Tim - Pares Secondary School
Anti-Money Laundering:
The Importance of Due
Diligence
By: Collin Maynard
D
ue diligence is an integral part of a KYC (Know Your
Customer) programme and refers to a set of ‘money
laundering control policies and procedures that are used
to determine the true identity of a customer/client and the
type of activity that will be “normal and expected” for the
customer, and to detect activity that should be considered
“unusual” for the particular customer.’ (Association of Certified Anti-Money Laundering Specialists – Study Guide, 2003
ACAMS, Inc.) This ultimately assists the financial institution
in confirming that the customer’s activities and funds are
legitimate.
The local regulator, the Office of National Drug and Money
Laundering Control Policy (ONDCP), in its guidelines to
Kadeem Joseph - Antigua Grammar School
Sonalli Andrews - ABIIT
financial institutions has mandated that deposit-taking institutions must verify the identification of their customers
when the business relationship is established or a significant
one-off (or series of linked transactions) is undertaken. The
requirements vary slightly between a person and an entity.
(The Supervisory Authority for Money Laundering, ONDCP –
Guidelines for Financial Institutions, September 2002)
For individuals, the Bank is obliged to obtain the name, other
names used, residential address, country of citizenship, and
date of birth. For incorporated entities, the following information will be required: name, place of incorporation, address
of registered office, the name and address of local agent, and
the names of directors, secretary and other office bearers.
In addition to the above information, the Bank should request
evidence of income, anticipated cash-flows, the frequency of
deposits and withdrawals and any other information to help
to establish “normal and expected” transaction activity.
ctd on page 6..
Where individuals are unable to provide photographic evidence of their identity (the very young, the elderly, and the
disabled), the Bank has established internal procedures to
confirm identity. These procedures may include but are not
limited to production of birth certificates, Social Security/
Medical Benefits cards and a reference letter from senior
civil servant, church leader/minister, etc. or an introduction
by a respected customer or from a trusted member of staff.
By doing this, the Bank facilitates the process of allowing
such persons to open deposit taking accounts.
HEALTH MATTERS
Discover the foods that
make children smarter
High Cholesterol: Risk Factors
Submitted by Patricia A. Samuel
If your risk factors for high cholesterol are high, so is your
risk for developing coronary heart disease.
Cholesterol is a waxy, fat-like substance made in the liver
and found in certain foods, such as from animals, like dairy
products (whole milk), eggs and meat. The body needs some
cholesterol in order to function properly. However, too much
cholesterol can increase a person’s risk of developing heart
disease. There are several factors that contribute to high
cholesterol -- some are controllable while others are not.
Uncontrollable Risk Factors Include:
Gender: After menopause, a woman’s LDL-cholesterol level
(“bad” cholesterol) goes up, as does her risk for heart disease.
Age: Your risk increases as you get older. Men aged 45 years
or older and women aged 55 years or older are at increased
risk of high cholesterol.
The more information the Bank has on its customers, the
lower the risk of not detecting incidents of money-laundering. Due diligence is the Bank’s best weapon against being
used unwittingly by criminals to launder their ill-gotten
gains. Consequently, it is the responsibility of each and every
Bank employee to ensure that due diligence becomes an automatic feature of his/her daily interaction with customers.
Want to ace your next exam? Ditch the soda, cookies
and candy — instead load up the following winning
foods!
Whether you have a morning, afternoon or evening exam,
your pre-test meal should consist of slow-release carbohydrate plus high-quality protein. This winning combination
will help stabilize your blood sugar while fuelling your
brain with continuous glucose. Bottom line: You remain
sharp, alert and ready to conquer.
Pre-exam breakfast ideas
• Oatmeal with berries: bowl of oatmeal topped with 1-2
teaspoons sugar, fresh berries and a glass of skim milk
• Egg sandwich: 1-2 scrambled eggs between two slices of
whole-wheat toast and a sliced orange
• Breakfast burrito: whole-wheat tortilla stuffed with a
scrambled egg, shredded low-fat cheese, cup black beans
and optional salsa
• Waffles with peanut butter and bananas: whole-grain
waffles, toasted and topped with peanut butter and banana slices
Family history: Your risk increases if a father or brother Pre-exam lunch ideas
was affected by early heart disease (before age 55) or a
mother or sister was affected by early heart disease (before
age 65).
Controllable Risk Factors Include:
Diet: The saturated fat and cholesterol in the food you eat
raise total and LDL-cholesterol levels.
Weight: Being overweight can make your LDL-cholesterol
• Turkey/cheese sandwich on whole-wheat bread with
baby carrots and an apple
• Cold pasta salad tossed with light canned tuna, vegetables and low-cal dressing
• Leftover dinner: chicken stir-fry with
rice
• Bowl of hearty lentil or
black bean soup with
whole-grain crackers
level go up and your HDL level go down.
Physical activity/exercise: Increased physical activ- A f t e r - s c h o o l
ity helps to lower LDL- cholesterol and raise HDL-cholesterol (the “good” cholesterol) levels. It also helps you lose
weight.
(Reviewed by the doctors in the Department of Preventive
Cardiology and Rehabilitation at The Cleveland Clinic Heart
Center.)
6
homework
enticers
When it comes
to hitting the
books, think
fun/healthy
finger foods:
•
•
•
•
•
•
•
•
•
•
Low-fat popcorn
Grapes (chilled or frozen)
Apple slices with peanut butter
Soy crisps
Healthy dry cereal (Puffins, Mighty Bites, Heart to Heart,
MultiGrain Cheerios)
Baby carrots
Pepper sticks (red, green and yellow)
Cherry and grape tomatoes
String cheese
Raw almonds or cashews
4 extra credits for overall brain health
1. Hydrate with plenty of water.
2. Load up on omega-3 fats (fatty fish, omega-3-fortified
eggs, ground flaxseeds and walnuts).
3. Eat foods rich in folic acid (spinach, oranges, broccoli
and fortified breakfast cereals).
4. Get plenty of exercise.
The lighter side of ACB Staff
What A Party!
Having gone through the year, staffers took time out to let loose and have a
good time. It was the Staff Year-End Party which allowed us to have fun, enjoy
good food and just have a jolly good time.
The audience was ably led through the night’s proceedings by our now world
renowned and highly acclaimed Masters of Ceremony, Cecil Joyce and Damion
Phillip. Of course, everyone was left
in stitches due to highly entertaining
performances from the duo.
It was also an opportunity for us to bid
farewell to Thelma Carr, who retired as
Messenger/Maid.
Great showing
from
TEAM ACB
The Bank is pleased to introduce the
TEAM ACB Cricket Team. The members
played their inaugural match during a
friendly competition against a Parish
League Masters Team which comprised
men who have been playing competitive cricket for over 30 years.
TEAM ACB did not win but the show- Shereen James Woman of the Match
ing was admirable. Congratulations to
our “Woman of the Match” Shereen James who made three,
not out, playing hard ball cricket and almost took a catch
that would make Chris Gayle feel proud!
Way to go TEAM ACB!
We look forward to your next match.
Thelma Carr & Mrs. Jennifer Hector
Donations/
Sponsorship
Glaucoma Support Group
The Antigua & Barbuda Glaucoma Support Group received sponsorship for the printing of their bookmarks
to assist with their public awareness campaign and
the celebration of World Glaucoma Day on 6 March.
Dr. Alister Francis
Memorial Lecture
Antigua Commercial Bank partnered with the Antigua State
College to host the fifth installment of the Dr. Alister Francis Memorial Lecture Series on 12 February.
The guest lecturer was the Governor General of St Lucia,
Dame Pearlette Louisy.
Shantia Edwards, ACB Marketing & Public Relations Rep & Dr. Salem Zreibe of
Antigua & Barbuda Glaucoma Support Group
Other contributions included:
• T.O.R Memorial School - Student of the Year Award
(2006-2007)
• Princess Margaret School - ACB Award to two top students
• Christian Union Junior Academy - ACB Award for top
student
• Sunnyside Tutorial School – ACB Award to four top students
• AIDS Secretariat for World AIDS Day 2007
• Citizens Welfare Division’s food drive for the elderly
• Contribution to Ministry of Social Transformation
Christmas Lunch
• Christmas Lunch for the elderly in St. John’s Rural West
• Prime Minister’s Fun Run
30 Years of Parish
League Sponsorship
The Bank recently participated in its 30th presentation
ceremony of Parish League Cricket.
The Bank’s relationship with the League dates back to 1977
when the then general manager, C.W. Dickson and the
director Granville Flax traveled from village to village to
ensure that there was development of cricket and healthy
competition among teams, as well as to monitor and assist
a fledgling Parish League.
Since then, a number of Antiguans would have benefited
from the programme and would have played at regional
and international levels.
Parish League is considered as a nursery for cricket in Antigua.
In addition to the players, attention was also given to the
training of umpires and scorers.
8
Antigua Commercial Bank sponsors four
levels of competition in the League.
The overall results are:
Antigua Commercial Bank/Richie Richardson
2007 Limited Overs Competition
Champion: Swetes
Fernandez Collecting on hehalf of Freetown
Antigua Commercial Bank/BWIA/
Curtley Ambrose 2007 Two-Day Competition
Mr. Fitzroy Brann presenting Champion
Trophy to Valton Mack - Swetes Cricket Club
Champion: Freetown
Antigua Commercial Bank/
Dave Joseph 2007 Limited Overs Competition
Champion: Stingray City Seatons
Antigua Commercial Bank/American Airline/
Sir Vivian Richards 2007 Thursday
League Competition
Champion: Police
Goldwin Prince - Seatons
Ivor Lawrence Collecting on behalf of Police
the Champions of 2007 Thursday League
Competition
Tips to safeguard against identity theft
By: Sidlow Frank
The advent of Internet Banking and other forms of e-commerce have led to greater convenience in conducting online
financial transactions, but have also created opportunities
for criminal elements to perform identity theft - the practice
of retrieving personal ID related information unknown to
the victim, for the purpose of financial or other benefit.
Here are some general guidelines to protect yourself from
identity theft.
• Never conduct a financial transaction while connected
to a public WiFi (wireless) access point e.g. at the airport
or hotel lobby. Data transmitted over a wireless network
is generally unsecured and can be “sniffed” (sniff - to use
software to capture data packets traversing a network)
by even novice hackers.
• Never use the “Remember my Password” function on any
Web site that contains personal or financial information.
Anyone using your computer can access the same information or conduct business in your name.
• Beware of “phishing” (phish – to send out any communication designed to solicit sensitive information) scams
designed to lure you into submitting personal information
online. These messages may look like official correspondence from a company you do business with, but don’t
be fooled! Legitimate companies don’t request sensitive
information via e-mail. If in doubt, call the company’s customer service centre.
• Before placing an order online, look for a closed “lock”
icon on the bottom of the page and make sure the address begins with “https”. This signifies that encryption
software is being used to create a secure transaction.
• Never walk away from a computer you’re logged in to.
Someone else can use that computer to perform unethical or illegal activities in your name. You’ll be considered
the primary suspect, and you’ll have to prove you weren’t
responsible. Log out of all services or lock the computer
before leaving!
• Getting rid of a computer? Just erasing or reformatting the hard drive doesn’t completely remove
the information you don’t want others to have.
Use special software to “scrub” your hard drive
so that your files can’t be recreated.
HR CORNER• HR CORNER•
tive. Writing the plan gives it a measure of legitimacy and
allows the author to evaluate his/her success.
Take CONTROL
of Your Career!
By Eurel E. Hodge
Do you think you have been overlooked for a promotion or
an award? Is your desire to hold a supervisory or management position stifled by a poor academic or performance
record?
Take ownership of your personal and professional development. Ask yourself tough questions and respond frankly.
How can I improve my performance?
Am I open to suggestions and feedback?
Am I a team player?
What is my ultimate career goal?
What knowledge and skills do I need to achieve this goal?
How can I turn my weaknesses into strengths?
How much time and money is needed to acquire the required
knowledge and skills?
This is not a complete list, but it’s a good start. Check your
answers against an objective supervisor’s or co-worker’s
list. More than likely, you overlooked some key area for
development.
It is imperative that you record your answers as you will
need to update them as you progress towards your objec-
With a solid plan in place, identify an accredited institution and course to obtain the requisite knowledge and
skills. During your research, pay keen attention to the cost
and length of the course. Determine their impact on your
current lifestyle, particularly if you plan to pursue studies
while managing a full-time job.
Modern organisations operate on the premise that a trained
staff is more productive. Many have implemented in-house
training programmes. Others, like Antigua Commercial
Bank, subsidise staff development through various grants
and incentives, e.g tuition reimbursement and study leave.
Take advantage of these measures; they are excellent and
cost effective ways to get additional training.
Inquire about scholarships or financial aid. The Board of
Education awards scholarships to accredited regional and
international institutions. All you have to do is apply.
It is easier to earn a scholarship/financial assistance if you
are already enrolled, so demonstrate your commitment to
continuous learning by taking a student loan or using personal savings to start your studies.
Take control of your professional future! Write your career
plan today. If you need assistance, please do not hesitate to
ask your Human Resource or Training Officer.
STAFF MOVEMENTS
PROMOTIONS:
We offer congratulations to the following employees who have been promoted during this quarter:
Arlene Richards - Private Banking Supervisor
Joyann George - Private Banking Representative
Natalie France - Private & Corporate Banking Administrative Assistant
TRANSFERS:
Evangeline Allen, a former Consumer Lending Representative is now a Corporate Banking Representative/
Credit Analyst and Arlene Joseph who was a Recoveries Liaison is now a Consumer Lending Representative.
WELCOME
We welcomed a number of new staff this quarter: Eurel E. Hodge - Training & Recruitment Officer
Jacqueline Hewlett - Compliance Specialist
Eric Henry - Customer Service Representative
Shereen James - Customer Service Representative
Shantia Edwards - Marketing & Public Relations Representative
Lisette Mannix - Customer Assistant
Marissa Horsford - Customer Relations & Sales Representative
10
• HR CORNER• HR CORNER
STAFF
APPRECIATION
Joy-Ann George
Congratulations to our
colleagues who were
recognised for their work
during the recently held
general staff meeting.
Dawn McCoy
They Were:
Joy-Ann George
Private & Corporate Division
Tuesdae Knight
Accounts
Tuesdae Knight
Mario Blackman
Collin Maynard
Compliance Department
Adrian Bass
Mortgage & Trust
Collin Maynard
Dawn McCoy
Mortgage & Trust
Linda Christopher
Mario Blackman
Customer Relations
Linda Christopher
Customer Relations
Adrian Bass
Arwain Christian
Customer Relations
GUESS WHICH
ACB Employee this is?
Please send your answer to
snicholas@acbonline.com
Arwain Christian
SERVICE CLUB UPDATES:
The Kiwanis Club of
Antigua, under the distinguished
The Rotary Club of Antigua
and Profiles Antigua Inc. in collaboration
with Neverjen Consulting launched its
Anger Management Project for Secondary
School Students on 6 March at the George
Ryan Conference Centre.
The project facilitates seminars and workshops for educators and secondary school students on Anger Management
and Conflict Resolution with primary reference to the student handbook Managing Anger - Resolving Conflicts by
Neilson A. Waithe. The handbook will be provided free of
cost. This handbook was written as a tool for students to
assist them in understanding and effectively handling anger
and conflict.
The lead facilitators of the project are Neilson Waithe and
Dr. Errol Samuel. The handbooks will be delivered to each
student in the secondary schools (including Barbuda) during the seminars, which are scheduled to commence in the
latter part of Term 2.
Meeting: The club meets every Wednesday at 12:30pm at
the City View Hotel.
12
patronage of the Governor General
Dame Louis Lake-Tack, presents
Music To Your Ears – a musical concert featuring the Signal Hill Alumni Choir of Trinidad &
Tobago. The concert takes place at Government House on
29 March at 7:00pm
Proceeds are in aid of the club’s Young Children Priority One
Projects.
Meeting: The club meets every Thursday at 8:00pm at the
Heritage Hotel.
Girl Guides Association
of Antigua & Barbuda
Girl Guides will celebrate the 50th Anniversary of the Caribbean Link of Guiding.
Established as a direct spin-off of the West
Indies Federation inauguration in 1958, the
Caribbean Link of Guiding comprises 20 territories and over 5,000 members.
Caribbean Link Day is celebrated every year on 22 April. Antigua and Barbuda starts “Going for Gold” on Saturday, 22
March 2008 with the Caribbean Link Kite Flying Event at
the Freemansville Playing Field.
Then on Sunday 30 March, posh hats, fashion, friends, finesse, fine-foods served with flair, fantastic door prizes,
flora & fauna, will be the order of the day featuring a ‘Kaleidoscope of Caribbean Cultures’ with the distinguished
Governor-General, Dame Louise Lake-Tack, at the annual Tea
in the Garden gala affair. A contribution of $100 to the twohour event (4-6pm) reserves your admission to this golden
opportunity.
For more information on the Girl Guides Association visit:
http://antigua_and_barbuda.wagggs.org/en/home
East Coast Optimist Club
Want to serve the youth or give back to community? Become
a member of the East Coast Optimist Club.
The East Coast Optimist Club is one of five (5) Optimist
Clubs in Antigua.
Join us every 1st and 3rd Tuesday of the month – 7:30 p.m.
St. Bartholomew’s Centre – Willikies Village.
This year, during May, we will be celebrating our
7th anniversary with a week of activities.
Be committed to serve.
Further information can be obtained from
Helen Looby, Past President at 481-4312
Your Reaction
We checked the pulse of some staff
members and present a sample
of the responses.
Question: Do you think the age of retirement
should change from 60 to 65 years?
“It’s a very good idea but it has some implications for the
Social Security Scheme. People will be paying for a longer
period before they can enjoy retirement benefits.”
•
“People at age 60 still have a lot to contribute. Those who
are already in the system who are hoping to retire at age
60 should have the option of whether or not they retire.”
•
“Every year young people leave school and cannot find
jobs. Workplaces are not creating spaces for them.
Maybe the retirement age should be reduced to 55 years.”
•
“People are living longer. When they retire at age 60,
there’s nothing for them to do.”
“Good idea to take the retirement age to 65.”
•
FOOD
FOR
THOUGHT
“At 65 you’re close to dying.
You can’t enjoy your retirement!”
•
“It’s good for those who want more time to make more
money, but it should be optional.”
•
“No way!”
•
Remember that great love
“For the people who haven’t saved enough for retirement,
they have five extra years to make more money.”
and great achievements
•
involve great risk.
“Many people are counting down the days to their
retirement at age 60. Are you going to now tell them,
‘Sorry, you have to work five years more’?”
Anonymous
14
ACB CROSSWORD PUZZLE
Welcome to our world of banking services and products.
See how many you are able to identify.
Created by: Shawn M. Nicholas
Junior Savings
Student Loan
Forty and Over Club
Internet Banking
Land Loan
Golden Savings
Mortgage
Drafts
Car Loan
Thrift Funds
Foreign Exchange
Corporate Banking
Cheque Savings
Credit Card
Wire Transfer
Fixed Deposits
Safety Deposit Boxes
Traveller’s Cheques
Night Depository
ATM
Individual Retirement Account
Statements
Standing Order
VISION
“To be the premier financial and related services provider to each client we serve worldwide,
creating wealth and opportunities for all stakeholders in an ever changing environment.”
MISSION
“At ACB we aim to be the best financial services provider, creating wealth for our customers,
investors, staff and communities both regionally and beyond.”
Published by the Marketing Department
Antigua Commercial Bank
Thames & St. Mary’s Streets
P.O. Box 95
St. John’s, Antigua
Tel: (268) 481-4291
Email: acb@acbonline.com
Editorial Committee:
Shawn M. Nicholas, N. Shantia Edwards, Sasha Jarvis, Charles Xavier
16