Latest Loan Rates

Get more out of your money with our fantastic loan rates.

LOAN TYPE INTEREST RATE (Reducing Balance)
New Vehicle 0.49%-0.6%
Character 1%
RORO/Used Vehicle 1%
1ST Mortgage 0.5%
2ND Mortgage 0.58%
Fully-secured 0.75%

All rates are subject to change without notice.

News Archives

10
Oct

Ring in the season with an UNSECURED loan of up to $45,000 & NO repayment for Two Months

Loan Requirements

  • Two (2) forms of valid government issued I.D.
  • Evidence of Income (Payslip- not older than 1 month  and  Job Letter- not older than 3 months)
  • Proof of Address (utility bill / bank statement)- Must not be older than 3 months
  • Must be in current permanent job for a minimum of 12 months OR
  • Must be in current casual or temporary job for a minimum of 24 months OR
  • If self-employed, must be able to provide proof of income for a minimum of 24 months

*Promotion ends December 31st, 2018.

Join today and apply now!

Apply Now

28
Oct

Make your Christmas joyous with an unsecured loan of up to $70,000.

Loan Requirements

  • Must be a TECU member for a minimum of 12 months and contributing regularly to shares and/or servicing a loan
  • Two (2) forms of picture I.D.
  • Recent pay slip
  • Recent job letter
  • Proof of Address (utility bill / bank statement will suffice)
  • Proof of loan purpose
  • Must be in current permanent job for a minimum of 12 months
  • Must be in current casual or temporary job for a minimum of 24 months
  • If self-employed, must be able to provide proof of income for a minimum of 24 months
  • Must have a minimum of $2,500.00 in shareholdings

*Lending rate will be determined through an assessment of each member.

Call 800-TECU (8328) to schedule your appointment.

19
Jun
15
Feb
31
Jan

NOMINATION NOTICE

TECU Credit Union Co-operative Society Limited (TECU) invites members who may be desirous of being part of its dynamic TECU Leadership Team to serve on one of the following Committees:

Board of Directors

Credit Committee

Supervisory Committee

The nomination process is a new and integral part of the democratic elections of TECU and precedes our Annual General Meeting scheduled for Friday April 21, 2017.

Members in good standing who are interested in serving on any of the above Committees can collect an Application Package for Nomination to Committees at TECU’s Head Office, Marabella or at Branch Offices at Couva and Point Fortin. Application Packages can also be accessed on TECU’s website: www.tecutt.com.

Fully completed and signed  Application Packages placed in sealed envelopes, marked ‘CONFIDENTIAL’ and addressed to The Nominating Committee, TECU House, Southern Main Road, Marabella can be submitted to any of TECU’s offices on or before Monday February 20, 2017.

Incomplete and/or late applications will not be accepted.

BY ORDER OF THE BOARD OF DIRECTORS

Sandra Matthews-Noel

Honorary Secretary

Application package


11
Jan
19
Oct
ronald-f-jones-w190

Mr. Ronald F. Jones

President

I wish to extend International Credit Union Day greetings to all! Today TECU joins our fellow co-operators in 105 countries and 57,000 credit unions in celebrating the credit union difference and the contributions that credit unions make every day in the lives of our members and by extension our communities and our countries

 

Beginning in 1948, credit unions have come together annually on the third Thursday in October to commemorate the credit union movement’s history and achievements. This year, a global credit union committee chose the theme “The Authentic Difference,” to anchor the celebration.

“The Authentic Difference” celebrates what truly makes TECU unique. The community commitment and positive economic and social change are just some of the ways that TECU and other credit unions differ from traditional for-profit banks and financial institutions. Credit unions are very different, indeed, both in philosophy and structure.

TECU’s Platinum Jubilee celebrations theme “Honouring Platinum Service dovetailed WOCCU’s theme of “The Authentic Difference”. Since TECU’s formation on the 9th of September 1946 our goal has always been the same: to meet your financial needs and to provide you our members with opportunities that enable you and your family to succeed. The growth of our organization to assets in excess of 2 billion dollars and our membership over the past 70 years is evidence that we have made a difference in the lives of our membership and we were only able to achieve this through the support of staff and members.

TECU’s 40,000 plus members have access to affordable financial services to meet their financial and social goals, by providing a safe, convenient place to save their money and secure affordable loans thereby creating new opportunities for themselves, including starting micro-businesses, building homes and educating our children.

TECU has consistently carried on the traditions set forth by our founders and exemplified the values of thrift, self-sufficiency and volunteer leadership democratically elected from among the members.

As we join 217 million credit union members worldwide in celebrating International Credit Union Day, let us remember that one member at a time, we are working to build a stronger community and we look forward to serving our members for many years to come!

On behalf of the Board, Officers and Management let me wish all our staff and members a Happy International Credit Union Day! Do enjoy!

Ronald F. Jones

President

4
Oct

In commemoration of International Credit Union Day 2016, TECU will be hosting two member development seminars.

 

World of Work – Saturday 22nd October, 2016

Venue:  John C. Gomes Auditorium, TECU House, Marabella

Time: 9 a.m. – 2 p.m.

 

Succession Planning- Saturday 5th November, 2016

Venue:  John C. Gomes Auditorium, TECU House, Marabella

Time: 9 a.m. – 2 p.m.

 

FREE to all members!

You can register in person at any information desk or by calling 800-TECU (8328)

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18
Jul

The TECU S.E.A. and Tertiary Bursaries are now available.