{"id":171,"date":"2025-08-15T15:07:20","date_gmt":"2025-08-15T15:07:20","guid":{"rendered":"https:\/\/cccsl-coop.com\/?page_id=171"},"modified":"2025-11-03T09:06:16","modified_gmt":"2025-11-03T09:06:16","slug":"history","status":"publish","type":"page","link":"https:\/\/cccsl-coop.com\/index.php\/history\/","title":{"rendered":"History"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"171\" class=\"elementor elementor-171\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2230243 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"2230243\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d481c5 elementor-widget elementor-widget-eael-breadcrumbs\" data-id=\"5d481c5\" data-element_type=\"widget\" data-widget_type=\"eael-breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"eael-breadcrumbs\">\n\t\t\t<div class=\"eael-breadcrumbs__content\"><a href=\"https:\/\/cccsl-coop.com\">Home<\/a> <span class=\"eael-breadcrumb-separator\">\/<\/span> <span class = \"eael-current\">Page<\/span><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9872a5c elementor-widget elementor-widget-heading\" data-id=\"9872a5c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Historic Journey of <br>Customs Credit Cooperative<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ae09b60 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"ae09b60\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ebc24ea elementor-widget elementor-widget-video\" data-id=\"ebc24ea\" data-element_type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;hosted&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t\t\t\t<div class=\"e-hosted-video elementor-wrapper elementor-open-inline\">\n\t\t\t\t\t<video class=\"elementor-video\" src=\"https:\/\/cccsl-coop.com\/wp-content\/uploads\/2025\/11\/An-Amazing-Journey-CCCSL.mp4\" controls=\"\" preload=\"metadata\" controlsList=\"nodownload\" poster=\"https:\/\/cccsl-coop.com\/wp-content\/uploads\/2025\/11\/Video_cover_.png\"><\/video>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-99d0d85 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no elementor-invisible e-con e-parent\" data-id=\"99d0d85\" data-element_type=\"container\" data-settings=\"{&quot;animation&quot;:&quot;fadeInUp&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2e3e655 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"2e3e655\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-68a3b3e elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"68a3b3e\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"huge huge-star-circle\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1932<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Formation &amp; Registration (1932)<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">In April 1932, dedicated Customs personnel initiated a thrift society to encourage co-operation and self-help among staff. An inaugural meeting on 5 April with 100 members led to the Society\u2019s official registration on 12 April as the Singapore Government Monopolies Co-operative Thrift &amp; Loan Society Ltd.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-50d7a4b e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"50d7a4b\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-55ceb64 elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"55ceb64\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"icon icon-user-1\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1933\u20131941<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Early Leadership<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">The first Chairman, Mr. W. E. Pepys, together with colonial and clerical staff, formed the first management committee. The Society held its first AGM on 31 August 1933 and, in 1941, changed its name to the Customs Co-operative Thrift &amp; Loan Society Ltd.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eb8bc91 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"eb8bc91\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c9673c elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"3c9673c\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"icon icon-growth\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1954\u20131957<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Growth &amp; Decline<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">By 1954, membership reached 251 with an annual turnover of $250,000. However, in the late 1950s, the Society faced a downturn as management interest waned, leading to reduced membership.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1f901cb e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"1f901cb\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56ba179 elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"56ba179\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"huge huge-champion\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1958\u20131960<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Revival<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">In 1958, the Singapore Government Workers\u2019 Union, led by Mr. Chia Siew Lian, took an active role in the Society\u2019s revival. By 1960, membership had increased significantly to 560 members.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2f891f9 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no elementor-invisible e-con e-parent\" data-id=\"2f891f9\" data-element_type=\"container\" data-settings=\"{&quot;animation&quot;:&quot;fadeInUp&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9c5f31e e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"9c5f31e\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16ca4d4 elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"16ca4d4\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"icon icon-calculator\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1963<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Loan Expansion<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">The new committee introduced sweeping changes, including raising the maximum loan to six times the monthly salary plus paid-up subscription, capped at $2,400, and launching new loan schemes to meet members\u2019 needs.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-981fa22 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"981fa22\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c8075a elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"5c8075a\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"huge huge-award-04\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1966-1987<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Scholarship Awards<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">Scholarship awards for members\u2019 children were introduced in 1966, with about 12 awards given annually. From 1987, this number increased to 35 awards each year to encourage academic excellence.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7c2c4b7 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"7c2c4b7\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d46a63e elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"d46a63e\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\t\t\t\t<span class=\"ha-step-arrow\"><\/span>\n\t\t\t\n\t\t\t<i class=\"icon icon-mutual-fund\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1954\u20131957<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Common Good Fund<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">The Common Good Fund was established to provide members with financial support, including hospitalisation grants, retirement benefits, and death relief.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e6f1e09 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"e6f1e09\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a21775 elementor-widget elementor-widget-ha-step-flow happy-addon ha-step-flow\" data-id=\"9a21775\" data-element_type=\"widget\" data-widget_type=\"ha-step-flow.default\">\n\t\t\t\t\t\n\t\t<div class=\"ha-steps-icon\">\n\t\t\t\n\t\t\t<i class=\"huge huge-service\"><\/i>\n\t\t\t\t\t\t\t<span class=\"ha-steps-label\">1958\u20131960<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t<h2 class=\"ha-steps-title\">Modern Services<\/h2>\n\t\t\t\t\t<p class=\"ha-step-description\">Now holding total assets of $13.24 million, the Society continues its core mission of providing credit facilities, while also offering subsidised travel awards, family activities, bursaries, and other value-added services for its members.<\/p>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Home \/ Page Historic Journey of Customs Credit Cooperative https:\/\/cccsl-coop.com\/wp-content\/uploads\/2025\/11\/An-Amazing-Journey-CCCSL.mp4 1932 Formation &amp; Registration (1932) In April 1932, dedicated Customs personnel initiated a thrift society to encourage co-operation and self-help among staff. An inaugural meeting on 5 April with 100 members led to the Society\u2019s official registration on 12 April as the Singapore Government Monopolies Co-operative Thrift &amp; Loan Society Ltd. 1933\u20131941 Early Leadership The first Chairman, Mr. W. E. Pepys, together with colonial and clerical staff, formed the first management committee. The Society held its first AGM on 31 August 1933 and, in 1941, changed its name to the Customs Co-operative Thrift &amp; Loan Society Ltd. 1954\u20131957 Growth &amp; Decline By 1954, membership reached 251 with an annual turnover of $250,000. However, in the late 1950s, the Society faced a downturn as management interest waned, leading to reduced membership. 1958\u20131960 Revival In 1958, the Singapore Government Workers\u2019 Union, led by Mr. Chia Siew Lian, took an active role in the Society\u2019s revival. By 1960, membership had increased significantly to 560 members. 1963 Loan Expansion The new committee introduced sweeping changes, including raising the maximum loan to six times the monthly salary plus paid-up subscription, capped at $2,400, and launching new loan schemes to meet members\u2019 needs. 1966-1987 Scholarship Awards Scholarship awards for members\u2019 children were introduced in 1966, with about 12 awards given annually. From 1987, this number increased to 35 awards each year to encourage academic excellence. 1954\u20131957 Common Good Fund The Common Good Fund was established to provide members with financial support, including hospitalisation grants, retirement benefits, and death relief. 1958\u20131960 Modern Services Now holding total assets of $13.24 million, the Society continues its core mission of providing credit facilities, while also offering subsidised travel awards, family activities, bursaries, and other value-added services for its members.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-171","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/pages\/171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/comments?post=171"}],"version-history":[{"count":22,"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/pages\/171\/revisions"}],"predecessor-version":[{"id":1047,"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/pages\/171\/revisions\/1047"}],"wp:attachment":[{"href":"https:\/\/cccsl-coop.com\/index.php\/wp-json\/wp\/v2\/media?parent=171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}