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Qualifications For Loans PDF Print

1.) All loan applicants must be bonafide members of the Credit Union.

2.) All new members must complete a minimum time requirement of membership, with the Credit Union to qualify for a loan in excess of their Savings unless approved by the Board under special circumstances.

3.) A member who has been required to clear arrears resulting from delinquency must observe a waiting period of three months after completion of such payment before a new loan may be approved for that member.

4.) A loan shall not be granted to a still member (that is, a member who is not making  contributions to shares) over and above his/her share value, unless that member makes contributions to shares for the last three(3) consecutive months. (By-Law 79)

 

Recent News

Election of Officers

NOTICE

 

ELECTION OF OFFICERS

 

The Nominating Committee of the Barbados Teachers' Co-operative Credit Union Limited invites nominations of persons to serve on the Board of Directors, Credit & Supervisory Committees to be elected at the Annual General Meeting scheduled for Saturday, June 22, 2019.

 

Nomination and Consent Forms are available at the Credit Union’s Office.

 

Completed Forms, along with Fit & Proper Questionnaire, Police Certificate of Character and other relevant documents must be submitted NO LATER THAN APRIL 19, 2019.

 

Nominations will not be accepted from the floor at the Annual General Meeting.

 

Anthony Alleyne

Secretary

 
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