The day to day operations are the responsibility of the General Manager with general oversight provided by the Board of Directors and Statutory Committees i.e. Supervisory and Credit Committees.
What is the difference between banks and Credit Unions?
At a Credit Union members have what is called a shares accounts on which they earn dividends annually; customers of banks do not have same.
Can anyone apply for membership in PSCU?
Yes, any member of the public can join PSCU.
Why should I become a member of PSCU Credit Union?
When you join PSCU there’s a number of benefits you’ll enjoy including:
- Dividends payments (paid annually on Shares)
- Competitive interest rates on deposits
- Competitive interest rates on loans
- Part ownership of the Credit Union
Is my account insured?
Yes, members’ shares are insured for $25,000.00 TT and their loans for up to $100,000.00 TT. This coverage is provided by CUNA Caribbean Insurance Society Limited.
Who's eligible for a loan?
Any adult member, once in good financial standing, is eligible including those who have retired.
How many PSCU Branches are there?
We have four (4) PSCU branches:
- Port of Spain
- Arima
- San Fernando
- Tobago
What are the requirements to access an Onyx VISA Debit Card?
- Utility Bill (no older than 3 months)
- Two (2) forms of valid picture id
- Card Fee of $65.00 TT
- Activation fee of $100.00 TT
What are the benefits of the Onyx VISA Debit Card?
You can enjoy a number of benefits using our Onyx VISA Debit Card including:
- Online shopping (up to US$500.00 monthly)
- Daily Point of sale purchases up to $10,000 TT
- Loans funds can be transferred to the card
Are there any fees attached to the Onyx VISA Debit Card?
Yes, there are fees attached to the card. Those fees include:
- 1% charge on each amount deposited on the card.
- $4.00 charge each time you use the card at a local ATM.
What is an inactive account?
An account is classified as inactive where for three (3) consecutive years no transaction was initiated by the member on the account.
What is a dormant account?
An account is classified as dormant where for a period of more than seven (7) years no transaction has been initiated by the member on the account.
How do I reactivate my account?
The requirements for reactivation are as follows:
- Utility Bill (no older than 3 months)
- Two (2) forms of valid id
- Recent Job Letter
- Share Purchase of $100.00
What are our hours of business?
- All our branches are open Monday to Friday:
- In Trinidad – 8:00 am to 3:30 pm
- In Tobago – 8:30 am to 3:30 pm
- Alternate Saturday (Arima only) – 9:00 am to 1:00 pm
Due to COVID-19 Arima Branch will remain closed until further notice.