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Port Employees Credit Union Co-Operative Society Limited 


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ABOUT THE COMPANY

Port Employees Credit Union was founded by a group of Port Workers led by Mr. John Morales in 1974.

The original name was Port Contractors Credit Union.
At that time some of the workers in the Industry were at the mercy of the moneylenders whose interest rates were exorbitant.
It was felt by organizing a Credit Union, members would be encouraged to save by way of purchasing shares and obtaining loans at low interest rates.
The Board of Directors visualized the need for wider participation and in 1986, extended its bonds to include any and all interested persons.

MISSION STATEMENT

To provide our members with an accessible range of Credit and Financial Services at competitive rates, for the improvement of their Economic and Social welfare, within a Cooperative framework.

 

SERVICES OFFERED

 

SHARES
Members can purchase shares at $5. per share.
Any number of shares can be purchased at a time.
Shares can be used as collateral for loans.

SAVINGS
Members can make regular deposits to this account.
This account will attract an interest that will be determined by the board from time to time.

FIXED DEPOSIT
Competitive rates are offered on deposit of five hundred dollars and over with interest payable monthly, quarterly, half yearly or annually, interest is tax free.

LOANS
Members can access loans for provident and productive purposes.
Any member is eligible to apply for a loan.

CREDIT PLUS LOANS
A credit plus loan is a soft loan that can be accessed within ten minutes, with no hassle.


KEY COMPANY PERSONNEL:
Lloyd Williams - President
Victor Quintin - Vice-President
Elve-Stuart Toussaint - Secretary
Casilda Joseph - Asst. Secretary

CONTACT INFORMATION:
Port Employees Credit Union Co-Operative Society Limited
50 Park Street
Port of Spain
Trinidad

Phone: (868) 623-5561 , (868) 624-3280 , (868) 623-8013
Fax: (868) 623-5561
Email:


CONTACT PORT EMPLOYEES CREDIT UNION CO-OPERATIVE SOCIETY LIMITED:

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Last updated 12th June, 2001