The Credit Union began its operations as the Jamaica Special Constabulary Co-operative Credit Union Ltd in a time when members of the Island Special Constabulary Force (ISCF) were up against low wages and exorbitant interest rates from lending institutions. The first office of the Credit Union was in a boarded cubicle in building number 347 at Harman Barracks Up Park Camp with 70 members joining on the first day. By the end of that year membership grew to 142 members.
MERGER OF THE ISLAND SPECIAL CONSTABULARY FORCE (ISCF) AND JAMAICA CONSTABULARY FORCE (JCF)
After the merger of both forces, it became evident that the Credit Union no longer had a common bond to appeal to, and so the membership voted for the rebranding of the Credit Union in the form of a name change to the National Security Employees Co-operative Credit Union Ltd and a change in tagline to ‘where your financial security matters most’ to strategically re-position itself in the marketplace by extending and expanding its bond to include employees within the auspices of the Ministry of National Security.
On July 18,2014, the Credit Union officially became National Security Employees Co-operative Credit Union Ltd. In the same year membership increased to over 7000 members.
REBRANDING TO THE PUBLIC SECTOR EMPLOYEES CO-OPERATIVE CREDIT UNION LTD
At an Annual General Meeting held on July 8, 2017 the membership once again voted for the rebranding of the Credit Union in the form of a name change and expansion in its bond. On October 3, 2017, the National Security Employees Co-operative Credit Union Ltd rebranded to the Public Sector Employees Co-operative Credit Union Ltd. The Credit Union’s bond was also expanded to include;
- All employees of the Government of Jamaica i.e Public-Sector Employees
- Past employees of the public sector who were members of the Credit Union when they resigned or retired.
- Employees of the Public-Sector Employees Co-operative Credit Union Ltd
- Members of other credit unions who serve Public Sector employees
- Spouses and/or children of active members mentioned above
We are committed to providing loans and other financial services geared toward improving the social conditions and financial stability of our members and their families. Our head office is located at 7-9 Union square Kingston for your convenience and currently there are four branch offices located in Manchester, St. Mary, Portmore and St. James.