• 1-664-491-3666
  • 1-664-392-3666
  • info@spccu.ms
  • Brades, Montserrat
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Online Banking

Enrollment Clarification

When you enter the enrollment portal, the form will ask for the last six numbers of your National ID, please note that the National ID is the last six digits of your SPCCU account number.

You may also view our online banking and privacy policy by clicking here.

Before Enrolling
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Savings Products

Want to start a savings account? We have several options for you to choose from. Learn More Below.

01.

Primary Savings

A primary savings account is opened once you become a member of the SPCCU. This account gives members a safe place to deposit their money and is geared towards helping members to achieve their financial goals. Save any amount which you can afford. A minimum balance of fifty dollars (EC$50.00) is required. There are no charges to the account. Build this savings and use it as part security to your loans or as full security for character loans. 

  • Created at Membership
  • Cash Withdrawals of up $3000 daily (This is subject to change)
  • 2% annual Interest Rate which are paid quarterly.

02.

Regular Deposits

A regular deposits account can be opened along with your primary savings. No minimum balance is required and there are no charges to the account. This account gives members a safe place to deposit their money and is instantly accessible.

  • Most Flexible Account
  • Cash Withdrawals of up $3000 daily (This is subject to change)
  • 0.5% annual Interest Rate which are paid quarterly.

03.

School Savings

Teach your children the importance of “Smart Money Management” through a SPCCU School Savings Account. This account can be opened by parents or guardians and is geared towards students currently pursuing primary and secondary level education. The School Savings Account is designed to help students develop the habit of saving as a life-long skill.

  • Teaching Money Management
  • Cash Withdrawals of up $3000 daily (This is subject to change)

04.

Term Savings

Fixed Term Savings Account may give you a better rate of interest than an instant access account. The longer the term you choose, the higher the interest will be. 

We know the unexpected can happen so you can make further monthly deposits to your account. A minimum of 2 years term to suit your needs. Interest are paid quarterly. No early closure charges will apply.

  • Confidence - A Fixed Rate
  • Flexibility

05.

Christmas Club

Christmas is a time for giving, sharing, and celebrating. With a SPCCU Christmas Club Account you can save towards the holiday and festive season.

  • One-year savings account designed for our members.
  • Monthly deposits from December 15th through to November 15th of the next year.
  • Savings plus interest is issued to the member at maturity.
  • Funds not collected by the end of the period will be transferred to the member’s savings account.

06.

SPCCU Educational Savings Account (SPCCU-ESA)

This saving plan gives our members who are parents or guardians an opportunity to save towards their children’s college education. Therefore, tertiary education expenses can be easily financed.

This plan allows members to take a loan at a low interest rate.

  • SPCCU –ESA runs from ages 0-18
  • Members are required to begin this plan with EC $100 minimum.
  • A minimum monthly deposit of $100 must be maintained.
  • Withdrawals of the funds is subjected to thirty (30) days notice
  • Members can however withdraw up to 25% of their savings for medical emergency without incurring a penalty.
  • Members are not allowed to borrow against this fund.
  • Interest rate of 2.25% per annum calculated on the minimum quarterly balance.
  • On reaching 18yrs the parent/guardian must give permission for the fund to be release.
  • The funds which are utilized to make the monthly payments must ultimately originate outside of SPCCU i.e. not internal transfers reducing accounts with existing balances.

07.

SPCCU Retirement Savings Account (SPCCU-RSA)

This savings plan gives members the opportunity of saving specifically for their retirement or golden years. Members can retire without having to worry about being financially secure.

  • SPCCU –ESA RSA runs from age 18yrs-65yrs. from ages 0-18
  • Members must not be more than 55yrs to qualify.
  • Participants are required to begin this plan with EC $100 minimum.
  • A minimum monthly deposit of $100 must be maintained.
  • Withdrawals of the funds is subjected to thirty (30) days notice
  • Withdrawals before the maturity date will result in interest being retained by the credit union.
  • Members can however withdraw up to 25% of their savings for medical emergency without incurring a penalty.
  • Members will be allowed to use up to 50% of their RSA as security for a loan for education, land, home improvement or construction, computer purchase and major medical expenses.
  • Interest rate is 2.25% per annum calculated on the minimum quarterly balance.
  • This rate is subject to change at any time by the credit union based on market conditions.
  • At age 65yrs SPCCU will disburse the fund in one lump sum or in installments as directed by the member.
  • At age 65yrs SPCCU will disburse the fund in one lump sum or in installments as directed by the member.

To learn more go to our Products & Services page:

Products & Services