A Brief History of a Transformative Mutual

The Journey Begins

The story of VM Group started on Thursday November 14, 1878, when, just 13 years after the Morant Bay Rebellion and the end of the American Civil War, a group of clergymen in Jamaica, led by Rector of the Kingston Parish Church Reverend GW Downer, established the Victoria Mutual Building Society. Their aim was for the Member-based mutual to help combat the glaring financial inequity that existed at the time, effectively democratizing home ownership and giving people who had long been economically marginalized, the freedom to dream boldly and achieve financial wellbeing.