- Loan Rates just 1% on the declining balance.
- Insurance coverage on all Shares and all Loans.
- Life Saving Insurance to ALL members up to a maximum of $75,000 at no cost to the member.
- Loan Protection Insurance to pay off the borrower's outstanding debts up to a stated maximum ($100,000). In the event of death or (permanent disability), the debt dies with the debtor.
- Competitive Dividends on fully paid up shares.
- Tax deductions on savings up to $10,000 in the year of income.
- Fixed Deposits at competitive rates.
- Easy access to loans on the basis of monies saved (shares).
- Special Insurance Rates on Motor Vehicles through COLFIRE Insurance.
- Personalized and courteous service in a confidential atmosphere tailored to your needs.
- Quarterly statements.
Join CECU today.
Contact us for further information on becoming a CECU member.
CECU Member Discounts
Eye Care
Optometrists Today: 20%
- #82 Frederick St. Port of Spain
Everybody's Optical: 10-15%
- # 65 Frederick Street
- #110/112 Frederick St
- Cr. St. Vincent St. & Park St. Port of Spain
Imperial Optical Ltd.: 10%
- Park Plaza, Port of Spain
Ferreira's Optical: 10%
- #94A Frederick Street, Port of Spain
Joyce E. Ali: 10%
- #64A Independence Square, Port of Spain
Furniture and Appliances
American Stores (Nationwide)
- 2% Cash back on Appliances
- 2% Cash back on Electronics
- 3% Cash back on Furniture
- 25% off Regular Price Plus
- 3% Cash back on Appliances
- 3% Cash back on Electronics
- 4% Cash back on Furniture
Lewis Electrical Appliance Centre
- 5% on all appliances
- 10% on parts
Hardware
Nagib Elias and Sons Ltd. (Nationwide)
- 10% on Factory Price All foundation material i.e. bricks and cement
- 10%: All Finishing Materials i.e. paints laminates, Floor and Wall tiles, vinyl electrical cable & conduit fluorescent lights, fixtures etc.
- 15%: All Fixtures i.e. sanitary ware, decorative lighting, fixtures, entrance locks, door handles etc.
Paints
Sissons: 10%
- Obtainable through the retail outlets of Nagib Elias & Sons
Berger Paints
Available at any one of the Berger warehouses:
- Port of Spain — #11 Concessions Rd., Sea Lots
- San Fernando — #9-17 Princess Margaret Street
- Tobago — NIPDEC Warehouse, Gov't Farm Rd., Scarborough
- 15% on Premium Brands — 1-15 gallons
- 5% on Mixed Colours — 1-15 gallons
- 17.5% on Premium Brands — 16 gallons and over
- 7.5% on Mixed Colours ÿ 16 gallons and over
Other
Kamus Auto Centre Ltd.
- 10% Cash Back to be credited to your credit Union shares
Floral Artistry
- 10% off all dried and fresh floral arrangements and bridal bouquets
COLFIRE
- Special Insurance rates on Motor Vehicles through our broker Peter Roberts
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As part of our strategic development, Canning's Employees' Credit Union Co-Operative Society Limited continues to pursue policies that expand and enhance our investment management service. CECU is poised to offer our members' stability as we make investments with the potential to:
- Minimize risk, and
- Maximize return.
Golden Star Account
The Golden Star Account provides flexibility and convenience for the CECU Member. Golden Star is designed to encourage you to save and invest wisely those extra funds from your new disposable income.
Golden Star comes with special interest rates, paid semi annually and annually.
Benefits of the Golden Star Account
- 3% interest earned annually
- Interest is paid semi annually and annually on the average balance
- Golden Star is separate and apart from your share account
- Golden Star is a sound secure plan that still allows you flexibility and convenience.
Who Qualifies for a Golden Star Account?
Once you are a member of the CECU family you automatically qualify for a Golden Star Account.
CECU Term/Fixed Deposits
When taking out a CECU Fixed Deposit, the member pledges to leave a stipulated amount of money for a specified time and agrees to receive an interest rate for that time period. Interest rates vary between 3% to 5% per annum. All deposits are repayable on demand but early redemption penalties apply.
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Minimum Deposit
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$5000.00
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Period
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1 year
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CECU Fixed Deposit Rates
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Amount
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Est. Rate
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Retirees Rate
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5,000 - 25,000
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3.0
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3.15
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25,001 - 50,000
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3.25
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3.5
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50,001 - 100,000
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3.75
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4.0
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100,001 - 500,000
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4.5
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5%
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Break Rates
Under 90 days, four (4%) percent below established rate.
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5,000 - 55,000
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2.0% Less
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50,001 - 100,000
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1.75% Less
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100,001 and over
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1.5% Less
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N.B.: Members wishing to pledge their fixed deposits as collateral for loans would only be permitted to borrow to the extent of the Fixed Deposit. The Character limit would not apply.
Contact us for further information on these CECU investment options. |
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