2013 has been a year of celebration for Jamaica National Building Society. We celebrated the 25th anniversary of our operation in the United Kingdom, marked ten years since the opening of our Representative Office in Florida, USA; and commemorated 139 years as a member service organisation in Jamaica.
Craig Perue, President of the Doctor Bird Chapter of the Project Management Institute, presents Pam Thompson, Chief Project Officer and Senior Manager of the Internal Processing Centre at Jamaica National Building Society with the Project Management of the Year Award for the Society’s International Organisation for Standardisation (ISO) 9001:2008 Quality Management System project. The presentation took place at the Jamaica Pegasus Hotel on International Project Management Day on November 7.
The Jamaica National Building Society (JNBS) has introduced a special rate of 9.29 per cent for new mortgagors, which is now the lowest on the market. “This is a reduction from its previous low of 9.40 per cent”, said Tiffany Gordon, Executive, Mortgage Sales. The new rate, which took effect on October 1, comes with 90 per cent financing for the purchase or construction of residences.
Developing on its concept that there is real need to provide more access to financial services to persons living in rural Jamaica, since May of this year, Jamaica National Building Society (JNBS) has been piloting a “cashless” Mobile Service to its members in areas linked to its rural-based branches, across the island.
Following a review by the Bank of Jamaica, the value threshold placed on JNBS Local (electronic) Funds transfers will be lowered from $3 million to $2 million dollars, effective July 1, 2013.
Twelve members of Jamaica National Building Society (JNBS) were recently awarded Certificates of Completion for successfully participating in the JNBS Computer Application and Appreciation Programme, at a graduation ceremony, held at the JN Financial Services center, Catherine Hall, in Montego Bay, St James, recently (August 7).
For the first time Jamaican community groups and charities will be able to raise funds for projects from contributors anywhere in the world using the English-speaking Caribbean’s first locally owned and operated crowd-funding website, isupportjamaica.com.
Ideas defined: Intangible concepts that exist only in the human mind, which, without the right condition to nurture them, are impossible to measure and implement..
The year 2012 started against the backdrop of global recession, the anticipation of Elections in the United States of America and unrest in the Middle East. Locally, Jamaica burnished its democratic credentials with the smooth transition to a new government headed by Prime Minister, Hon. Portia Simpson Miller..
JN Money Transfer has expanded the availability of its JN Top Up services, allowing customers to purchase mobile minutes to send to over 90 countries across the globe
The Diaspora Conference 2013, to be held in Montego Bay June 16-19, is being held in the face of challenging circumstances facing Diaspora communities, and follows a decision by the Jamaican Government in mid-January, to sign off on a set of International Monetary Fund measures, led by a programme of debt reduction.
The Consumer Affairs Commission (CAC) has encouraged Jamaicans to make wiser purchasing decisions and better manage their resources, as the ripple effects of the National Debt Exchange (NDX) and the impending agreement with the International Monetary Fund (IMF) hit their pockets.
Irwine Clare, a member of the Jamaica Diaspora Advisory Board, North East, in the United States of America (USA), says Jamaica needs to look more carefully at how it can onboard the expertise of Jamaicans in the Diaspora, noting that too often the Diaspora was treated as an "ATM."
Esteban Lanas, VP Banking Services Group, Citibank N.A. (Citi), Miami Division Office, congratulated Jamaica National Building Society (JNBS) as one of the few institutions in the region which processes more than 96 percent of its transactions via Citi's electronic Straight-Through Processing platform.
Over the next 12 months, Jamaica National Building Society (JNBS) will be celebrating its founding 140 years ago, on August 13, by paying tribute to its members and its origins. The Society was founded in the vestry of the Anglican Church in Savanna-La-Mar, with the goal of financially empowering Jamaicans through home ownership, General Manager, Earl Jarrett said.
Earl Jarrett, General Manager of the Jamaica National Building Society (JNBS), says the organisation is anticipating a response to its application for a commercial banking licence from the Bank of Jamaica (BOJ) soon.
Governor-General, Sir Patrick Allen, is on a drive to boost the commitment of private sector enterprises to encourage growth and national development. He commended the quality of service and commitment displayed by the staff of Jamaica National Building Society, on a mid-June visit to the organisation’s headquarters in St. Andrew; and urged the employees to continue showing their commitment to nation building by working as one team.
Minister of Youth & Culture, Lisa Hanna, receives a framed photograph titled “Home Sweet Home”, created by the JN Foundation Resolution project, from Leon Mitchell, Assistant General Manager of Jamaica National Building Society (JNBS) at the Heritage Clubs of Jamaica Heritage Symposium on May 8, 2014 at the Institute of Jamaica. The symposium was held under the theme: “Our Heritage…Our Responsibility”.
The University of Birmingham and the Jamaica National Foundation Legacy Scholarship was launched at King’s House on February 14, providing the opportunity for three Jamaican students to study for a Master’s of Science degree at the University of Birmingham’s Business School, in the United Kingdom.
Expect faster, better service when you visit your Jamaica National Building Society (JNBS) branch.
The Caribbean Diaspora community in the United Kingdom (UK) showed its importance through the alliance it galvanized in helping to address the inequities in the Air Passenger Duty (APD), says Earl Jarrett, General Manager of Jamaica National Building Society (JNBS).
The Jamaica National Building Society has launched a mobile website for customers to access information about the Society’s products, services and locations with ease on any mobile device, such as cellular phones and tablets. The new JN Mobile site allows for easy identification of JN offices and Money Transfer Agents via Google Maps, opening hours, contact information and access to LIVE by JN.
Brimmer Vale High isn’t the same school it was two years ago, many residents of the rural community near the St. Mary parish capital, Port Maria, would relate if one asked. The name of the community conjures up pastoral thoughts of greenery and serenity, the right kind of environmental conditions for a school community.
The Jamaica National Building Society (JNBS) family extends its heartfelt gratitude and thanks to you, our valued members and customers, for your unwavering support and loyalty throughout the year.
The Jamaica National Building Society (JNBS) Foundation, in partnership with the United States Agency for International Development (USAID), successfully reignited the enthusiasm to formalize the social enterprise sector in Jamaica, as they ended a two-day Social Enterprise Summit at the Jamaica Pegasus Hotel on January 27, 2015.
A critical element of the 6th Biennial Jamaica Diaspora Conference, to be held June 13–18, 2015, will be an array of business and social enterprise options, which members of the extended national community can access, says Leon Mitchell, Assistant General Manager, Jamaica National Building Society (JNBS).
Jamaica National Building Society (JNBS) is ramping up its efforts to reconnect dormant account holders with their accounts and money. Claudine Allen, JN Executive and Member Ombudsman, Enterprise Contact Centre, advised that as of March 31, 2015, the annual charge for these long-term inactive accounts will be $5,000 or its equivalent.
A second cohort of 17 senior citizens, members of the JNBS, graduated from a Computer Application and Appreciation Programme, held by the Society, at the JN Financial Services centre, Catherine Hall, in Montego Bay, St. James, on Friday, April 24.
Expert panels, to include several executives and managers from the Jamaica National Building Society (JNBS) and JN subsidiaries will spearhead discussions about key subjects pertinent to the development of the economic and social sectors in Jamaica, at the 6th staging of the Biennial Diaspora Conference in Montego Bay, St James, June 13-18.
Jamaicans in the Diaspora are being positioned as driving forces for the growth of the local social enterprise sector. This notion comes from Saffrey Brown, General Manager of the Jamaica National Building Society Foundation .
Earl Jarrett, General Manager of the Jamaica National Building Society (JNBS) disclosed that the Bank of Jamaica (BOJ) has indicated that it has “No Objection”, in principle, to the Society’s conversion to a commercial and the proposed Group restructuring, to be compliant under the new Banking Services Act.
It is now easier to get a mortgage loan from Jamaica National Building Society (JNBS) for a new home in one of the country’s many housing developments.
Home to 60 girls between the ages of 8 and 18 years, The Granville Place of Safety, located in Trelawny, needs your help. The Jamaica National Building Society (JNBS) Foundation aims to raise the funds needed to construct a building that will house a media library, classroom and sewing room, through the Heroes in Action 5k Run/Walk in Falmouth, Trelawny on Sunday, October 18, 2015.
Humanitarian Earl Jarrett, the 23rd inductee to The Private Sector Organisation of Jamaica (PSOJ) Hall of Fame and general manager of Jamaica National Building Society (JNBS), has challenged others to join him in his support of the work of the Jamaica Cancer Society (JCS) and the St. John Ambulance (SJA).
Financial institutions were urged to educate their customers about the risks associated with new technology driven banking facilities at the 3rd National Cyber Security Conference, held recently at The University of the West Indies’ Regional Headquarters, Mona, in St Andrew, November 17 to 18.
Season’s greetings to you, the members, customers and friends of the Jamaica National Building Society!
The cutback in international banking relations with the Caribbean is one of the most formidable challenges being faced by the region, says Owen Arthur, Former Prime Minister of Barbados. The capacity of individuals persons and organisations to successfully carry out cross border transactions, is being hindered by this cutback, he stated. This is a fundamental problem for a region heavily dependent on trade and burdened by other serious issues.
With mortgage rates on the decline, the local mortgage industry has received a further boost, following Jamaica National Building Society’s (JNBS) recent announcement of a reduction in rates to 8.5 percent for new mortgage applicants residing in Jamaica and across the Diaspora.
Jamaica National officially claimed its presence in the Auto Loan industry after successfully hosting the country's first 24 Hour Blue Tag Auto Sale Day, at the Chief Office, Constant Spring Road from Saturday, March 12 to Sunday, March 13, 2016. JN transformed its car park into an auto hou se, with the participation of new and used car dealers, who offered specials on vehicles; as well as sale on auto supplies by auto parts dealers.
"We are good enough," says Earl Jarrett, General Manager, Jamaica National Building Society (JNBS). He noted that too many people fail to appreciate the quality of Jamaican products and services; and, his organisation aims to change minds in its field, through a relentless focus on quality.
The country’s third largest financial institution, the Jamaica National Building Society (JNBS), has made its JN VISA credit cards fully available to the public.
Along with its ongoing Financial Literacy Programme, which teaches the principles of money management to enable members to become frugal spenders and be “smart with their money,” Jamaica National recently launched its JN Rewards Programme.
Denese Blythe and Avalyn Samuels are teachers with big hearts, who readily go the extra mile for their students at Petersfield High and South Boro Primary, respectively. They also have another attribute in common: their staunch commitment to assist students to appreciate the importance of savings.
As a relatively new entrant in the auto loans market, Jamaica National Building Society (JNBS) has been stimulating the market to the benefit of new and used car dealers.
Members of the Jamaica National Building Society (JNBS) will soon be asked to vote on a proposal by the JNBS Board of Directors to reorganise the JN Group structure and convert the building society to a commercial bank.