PRODUCT AND SERVICES

Saving Account.....

Opening a savings account is an easy transaction. All that is needed is the completion of a membership card, a valid photo ID, a minimum deposit of $10.00, In addition to the $100 to open the saving account, the purchase of a minimum of 20 shares @ $1.00 must also be acquired. the purchase of shares is to ensure that you have access to all our available services. 

Loans.....

Members, whether you are borrowing for business, a mortgage, education, bill consolidation or for other purposes, we offer loans at competitive interest rates to fit your budget. With over twenty five years in the loans business, we continue to cater to your needs by ensuring that we offer the most affordable interest rates on your specification of loan.

Our loan plans cover: Home Repairs, Land & House Construction, Education, Household, Vehicles – New & Used, Insurance payments, Consolidation, Furniture, Appliances, Travel, Medical, Ceremonial, Weddings, Christenings, Funerals or Graduation, etc.

Chequing Account.....

A Chequing account is almost a necessity and for the convenience of having a chequing account, there is an initial deposit of $100.00. There are no charges per cheque used and you are free to raw down on all your funds without penalty. We also pay 1% on all balances of $100 and over, every quarter.

Term Deposits.....

For short or medium term investment, there is the option of fixed deposite. there is no fee for opening a teamdeposit and the terms can be as short as 3 months or as long as 3 years with competitive interest rate.

Golden Achiever.....

This savings plan is designed to suit your varied savings needs. Whether you are saving towards an education, your car insurance, a down payment on a home, or some other financial goal, the Golden Achievers Plan can be started at any time of the year at your convenience. It is similar to ‘partner hand’ but offers better returns and is much safer. With a minimum start up of $50.00EC, you are in control of when you save and how much you save. The duration of the savings plan lasts for one year and can be rolled over into a term deposit for a possible higher return, another Golden Achiever or cashed out. Whats more – you earn attractive returns every month end. Come now and save the GOLDEN ACHIEVERS WAY.

Christmas Club.....

Christmas is a time for giving and sharing and opening a Christmas Club account will allow you the opportunity to part take in the Christmas spirit.  The minimum amount to begin this account is $25.00EC, but think of all the Christmas shopping you can do with your savings while still meeting your monthly obligations.  So join the Club in January and save towards the “Happy Holiday.”

Vacation.....

Christmas is a time for giving and sharing and opening a Christmas Club account will allow you the opportunity to part take in the Christmas spirit.  The minimum amount to begin this account is $25.00EC, but think of all the Christmas shopping you can do with your savings while still meeting your monthly obligations.  So join the Club in January and save towards the “Happy Holiday.”

Children Savings.....

Invest now in the future of your child and open an account for his/her education. You can open an account for a child up to the age of fourteen. Interest is paid quarterly on this account. This account is also geared towards the early teaching of saving to your children so this can be used as a tool to instill the concept of thrift.

Drive Through Financial Services.....

The first and only drive through facility in the Federation of St. Kitts and Nevis is operated by the St. Kitts Co-operative Credit Union.  This concept is very similar to the drive through window at many of the big fast food restaurants in the United States. The member drives up to the station and presents his/her deposit/withdrawal slip along with a valid picture ID, a passbook and then the transaction would be processed by a teller inside. Communication of the transaction is done a telecom system where the teller communicates with the member on the outside. Loan payments, transfers, withdrawals, and deposits can be processed through this medium.  Please note that coin deposits are not accepted.

Insurance coverage (F.I.P).....

Life is unpredictable and sorrow is a part of life.  To protect your loved ones, we offer a Family Indemnity Plan that offers financial coverage upon death.  You may not be able to console your loved ones, but at least you can have the comfort of knowing that they have no financial worries. 
  • no medical examinations or health questions
  • lifetime insurance coverage
  • payment for claims are made at SKCCU within 2 work days .

This exceptional plan covers up to six family members which may include:

  • the member
  • the member’s spouse
  • children aged 1 – 25
  • member’s parents or spouse’s parents enrolled before age 76