The Mon Repos Community Co-operative Credit Union was first registered on May 22nd, 1968. This entity evolved from a 1963 group called The Mon Repos Community Co-operative Group.
In the year 2000 after the passing of the Co-operative Societies Act, new bye-laws had to be made; the organisation requested a change of name to Mon Repos Community Co-operative Credit Union (1968) Ltd and also requested from the registrar that the original registration number (4) from 1968 was maintained in the re-registration exercise that followed the new Act. The registration (4) indicates that Mon Repos was the 4th Co-operative Enterprise registered in St.Lucia.
In September 2001, after discussions with the registrar to offer assistance to the management of the insolvent Micoud Credit Union, the registrar appointed the Board of Directors of Mon Repos Community Credit Union (1968) Ltd as Receiver Manager of the Micoud Co-operative Credit Society Ltd.