- usmcreditunion@yahoo.com
- 107 Manahambre Road, Ste. Madeleine, Trinidad.
Usine Ste Madeleine Credit Union
Usine Ste Madeleine Credit Union
The Usine Ste. Madeleine Credit Union Co-operative Society Ltd formerly Caroni Ltd. (Ste. Madeleine) Employees Co-operative Society Ltd. was established in 1963 with twelve members. At present the membership stands at just over 400 with a Share Capital of $26.6M and Assets of $37.7M. As we continue to pay dividends at a competitive rate, this organization prides itself as one of the most stable and prudently managed Credit Unions in Trinidad and Tobago.
Our Mission is: “To be a Market Leader by providing our Members with Maximum Returns on their Investment and by offering Financial Services in a Courteous and Respectful Manner to the Benefit of the Organization and Stakeholders”
The Credit Union’s ability to lend is built upon the foundation of shares savings. With a share account, you earn dividends on a yearly basis at a rate that is determined at Annual General Meetings As added security all shares are insured by Cuna Caribbean Insurance Society Limited
Bill Of Sale (B.O.S.) Loans These are types of Hire Purchase Loans offered to members in accordance with Regulation 40 of the Co-operative Societies Act 1971 and shall be granted to members for the purchase of; Motor Vehicles - (New & Used)
Property - Land and/or House A member applying for a Mortgage Loan must have 15% of the amount desired on their shareholding and must maintain the amount until the loan is fully paid. **Interest on Mortgage Loans are 0.5% of the reducing balance.
Character Loans Unsecured (Character) Loan - Loans in excess of the borrower's share capital. Co-Maker Loans Loans in excess of the borrower's share capital which is covered by collateral of the other member's shareholdings. Call us for more Information on all services..>!!!
Best Performing Credit Union Industry Based
Best Financial (Pearls) Performance
Most Improved Financial Performance
Most Outstanding Medium Credit Union
You can contact us using any one of the methods below or fill out the form.
+1 (868) 240-0196
usmcreditunion@yahoo.com
107 Manahambre Road, Ste. Madeleine, Trinidad & Tobago
