Loan Products offered by us

Homeowners Harvest of Gold

Now there's a plan to help you realize your dream for your own home faster. Save towards your initial deposit while earning attractive interest on your money. Then apply for a loan at an advantage interest rate you can afford.

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SHYDA Fixed Deposit Account

This is an account where members are allowed to fix a set amount of money for a specific period of time.

  • Members can start with a minimum of $5,000.00.
  • Funds may be fixed for 30 or 90 days.
  • Members benefit from competitive interest rates on their deposit which is calculated daily.
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SWYS Plus Account

Life comes at you fast and before you know it, you have reached retirement years, with little preparation for the financial challenges ahead. Income, health, child university fees or that desire to take up that dream vacation. Dont be caught off guard.Put away as little as "One Day's Pay" per month and gain a sound financial platform for you and your family to earn big, now and beyond retirement.

  • Tax free interest
  • Attractive Interest Rates
  • Bonus interest paid every 5 years
  • Insurance
  • Access to 75% of interest bi-annually
  • 100% of fund at maturity

  • Requirements
  • Invest a minimum of $2000.00
  • Valid ID and TRN
  • Complete application form
  • Save monthly in a 5 years interval
Treasure Chest Youth Account

Adeposit account designed for children between the ages of 3 and 16 years, which allows them to save today and reap the benefits tomorrow - benefits such as a healthy saving habit, good money management and the steps to a bright future.

  • Members may qualify for Back-to-School Loans
  • Members become eligible for scholarship awards
  • Member may access a special grant in the event of serious injury or death to parent

  • Requirements
  • Complete an application form
  • Deposit a minimum of $500.00
  • Save a minimum of $500 monthly in your child�s account

This is a long term saving plan combined with a decreasing term life insurance. Saving is easier as you deposit a fixed amount on a monthly basis and when you�ve reached your desired goal you can harvest or withdraw the lump sum and live out your dreams.

    Use the golden harvest account to save towards:
  • School Tuition
  • Purchasing a house or Car
  • Retirement
  • Traveling
  • Wedding Expenses

  • Benefits:
  • The golden harvest savings plan is designed to help you to achieve your financial goals.
  • If you become totally disabled the appropriate benefits will be paid to you, the account holder/insured.
  • In the event of death your beneficiaries will inherit the contractual goal amount.
  • Insurance is available at no direct cost.
  • Benefit from competitive interest rates.
Regular Deposits

This is a basic savings account available to members. Interest is paid semi-annually on the average monthly accumulated balance.

  • The balance on this account can be used as security to access loan.
  • You have 24 hour access to your deposit via ATM multilink network and point-of-sale machines.
  • You can save towards a goal by making regular deposits via salary deduction.
  • Members benefit from lower ATM fees with Easi Access ATM Cards.
  • A minimum of $200.00 is required to activate this account.
Partner Plan

The real Jamaican Partner plan with a twist. This plan was designed to benefit our memebers in a number of ways.

  • The member doesn't pay the Credit Union the Credit Union pays you.
  • The member earns a bonus at the end of the plan.

  • Characteristics:
  • A minimum hand of $500 should be thrown each week
  • No limit to the number of hands
  • Hands may be thrown weekly, fortnightly or monthly
  • At maturity, the member has the option of transferring the lump sum to their savings: fixed deposit or regular deposits
  • Monies may be accessed via the ATM Multilink Machines at maturity of the plan, on the member's request
  • Members can access loans using the balance in the account as security
Shares Account

The shares account is the main account for credit union members. It proves that members are part owners of the Credit Union and have control over the company via a Board of Directors.

  • Receive annual dividends payable from the Credit Union's surplus.
  • Qualify for lower interest rates on loans.
  • Benefit from protection on your share account up to 3 times your shares balance and payable to your beneficiary on death.
  • Minimum amount to open account is $2600.00
Deferred Shares

AA lucrative medium term investment option designed to yield a higher return than the average available in the market

  • Members may start with a minimum of $50,000 for a period of 5 years tax free at an interest of 8.5% p.a
  • (2% above SHYDA maximum rate of 6.5%) accumulated quarterly