Jamaica Gleaner

Want to become a valued member of the NCBECCU?

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IT’S AS easy as 1-2-3 !

A credit union member is considered a co-owner of the credit union. What that means is that each member has equal rights to voting power, irrespecti­ve of the amount of savings they have, and also can assist in how the credit union operates by exercising their democratic right. Members share in any annual surplus and can determine the type of financial services the credit union should provide. Through the credit union, members can save directly and transact business via salary deduction facilities.

MEMBERSHIP CRITERIA:

Membership in the credit union shall be limited to: 1. Employees and former employees of: a. National Commercial Bank Jamaica Limited (or any subsequent holding company resulting from a restructur­ing exercise and acquisitio­n) its subsidiari­es, associated and related companies; b. The former NCB Group Limited and its related companies; c. The former Mutual Security Bank Limited and its related companies; and d. Pensioners of the preceding entities. 2. Employees or former employees of the credit union. 3. Employees of corporate bodies engaged in commercial banking or other financial institutio­ns in Jamaica registered under the: a. Building Societies Act b. Financial Services Act 4. Employees or former employees of: a. National Commercial Bank Jamaica Limited (or any subsequent holding company resulting from a restructur­ing exercise and acquisitio­n) its subsidiari­es, associated and related companies; b. The former NCB Group Limited and its related companies and c. The former Mutual Security Bank Limited and its related companies. d. Pensioners of the

preceding entities 5. A relative of a member (relative shall be spouse, a brother, a sister, a parent, a child who has attained the age of 18 years).

To become a member, you need: A completed Membership Applicatio­n form Copy of Tax registrati­on Number (TRN) Copy of valid identifica­tion (driver’s license, passport, national ID) Minimum amount to open account: $2,600 ($500 to your ordinary share account, and $2,000 to permanent share account and $100 for entrance fee Proof of address (should not be older than six months): a. Utility bill b. Letter (post marked) Two References

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