Your PECU Share Account: The Foundation of Your Financial Future
Owning shares with PECU is more than an investment; it’s a partnership. Your savings work for you and our community, building wealth through smart, cooperative opportunities that are protected and designed for growth.
Key Benefits of Your Share Account
Borrowing Power: Your shares serve as the foundation for accessing our diverse range of loan products. For certain loans, your shares give you twice the borrowing power, providing you with the financial leverage you need to achieve your goals.Annual Dividends: As a member-owner, you are entitled to a share of the Credit Union’s profits. At the end of each financial year, the Board of Directors may declare a dividend to be paid to members based on the annual surplus.
Free Insurance Coverage: Your savings and loans are protected through our Loan Protection and Life Savings Plan, offered in partnership with CUNA Caribbean Insurance Society Limited. This coverage protects your family from the burden of debt in the event of death or permanent disability.
Member Control: Through your participation in events like the Annual General Meeting (AGM), you have a voice in the direction and governance of your Credit Union.
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