Dear Valued members:
It is the start of a new year and a chance for all of us to think about what we can indi-vidually improve upon for the remaining 9 months in the year.
2017 was a rewarding year for the Credit Union. Unaudited financials have shown that we ended the year with over $2.1B in Total Assets, $1.6B in loans, $1.2B in Savings and Deposits and our membership increased to over 8500 members. We awarded Eight Hundred Thousand Dollars ($800.000) in scholarships to members studying at the ter-tiary level and One Million Dollars ($1,000,000) in GSAT grants to children of mem-bers who were successful in their GSAT examinations.

On October 3,2017 the Credit Union rebranded to the Public Sector Employees Co-operative Credit Union Ltd and extended our bond to include all government employees of Jamaica and their families. We want to continue to be your first choice when making financial decisions and provide you with products and services to meet you at every stage of your financial life.

We have reduced interest rates and have re-introduced the Motor Vehicle loan at 7.99%, Home Acquisition Loan at 7.99% and Home Improvement Loan at 8.99% We have also introduced two new products namely: Insurance Premium Financing Loan to assist with insuring your home or your motor vehicle and a Partner Plan which will allow members to save towards their dream vacation, honeymoon, wedding, child’s tuition or any other savings goal. With your funds deposited with the Credit Union you can rest assured that your money is safe and is in good hands.

If you need to consolidate your debts and lower your monthly payments, we can assist you with our Super Consolidation EASTER Loan Special. This loan will allow you to restructure your loans and access up to $150,000 cash. I am proud to boast that the Credit Union not only offers loan products to satisfy your needs but also Savings and Investment options which pays competitive interest rates up to 8% per annum. Ask about our Special Deposit, Golden Harvest, Christmas Club, Fixed Deposit and our Lucky Savers accounts on your next visit to any one of our branches.
On May 14, 2018 the Credit Union will celebrate 50 years of service under the theme ‘Celebrating 50 years of outstanding service’. Fifty years is no easy feat for any or-ganization to achieve and our commitment to ‘your financial security’ is the fundamen-tal value which solidifies the foundation which our Credit Union was built upon. We have several activities planned around our 50th anniversary of which you will be notified of in the coming months.

Thank you for your continued support over the years and I look forward to working with you in 2018 and beyond. Best Wishes for 2018, make it your best year yet!