Members may borrow up to 10 times their Shares depending on the loan types. Interest rates on loans are very competitive and vary according to the share ratio. All interest rates are calculated monthly on the reducing balance. Once you are borrowing more than you have saved, collateral (security) may be required for the loan.  
 
 
Products and Services



 
 

At the Clarendon Co-operative Credit Union we have created a wide range of products and services with our members in mind.


To learn more about each product and service click on any of the links to the right to view details. Feel free to contact us for with any questions or concerns.
 
Maintaining your account
This is important to your financial success, by keeping active accounts you will be able to take advantage of all the benefits offered by the credit union.  Maintaining your account can be easily done in several ways, either through over the counter deposits, salary deductions, standing order payments or automatic transfers.  Speak to a member service representative for more information.
 

 

Savings and Investments

Are your savings insured?
Yes, your savings are insured through CUNA Mutual Insurance Society.  When you die your savings are increased by a certain amount, depending on your age, and given to your beneficiary. Conditions apply.

Fixed Deposits
Minor Accounts
Christmas Club
21st Century Thrift
Financial Counselling
Treasure Chest Savings Account
 
Loans offered to our Members
At the Clarendon Co-operative Credit Union Limited we provide our members with a wide range of loan options, which are designed specifically to meet the needs of our members. Easy application process and quick processing with convenient repayment periods. We offer low interest rates on our loans, calculated using the reducing balance method.
 
Educational Loans
 
Products and Services
Debit Card Services
Money Transfer
Bill Payment Facility

What is the difference between shares and other savings?
You become a member by opening a shares account, this will make you a part owner of the Credit Union, and you will have the right to vote at our annual general meetings.   The shares account gives you preferred loan rates and dividends if surplus is made by the Credit Union.  Other savings pay interest on your money accordingly.

 
 
 
 
 
 
  Funding for this web site was provided by the Private Sector Development Programme (PSDP), a joint initiative of the Government of Jamaica and the European Union. The views expressed on this web site are those of the Clarendon Co-operative Credit Union and do not necessarily reflect those of the PSDP  
 
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