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Wednesday, February 19, 2025

Police Credit Union crosses $1 billion in assets

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1024 days ago
20220501
National Security Minister Fitzgerald Hinds and Police Credit President Union Auldric Neptune cut the ribbon to open the new Flagship Building of the Police Credit Union on the Eastern Main Road, Bankers Row, San Juan, last week Saturday.

National Security Minister Fitzgerald Hinds and Police Credit President Union Auldric Neptune cut the ribbon to open the new Flagship Building of the Police Credit Union on the Eastern Main Road, Bankers Row, San Juan, last week Saturday.

ANISTO ALVES

The Trinidad and To­ba­go Po­lice Cred­it Union (TTPCU) has an­nounced that it has sur­passed $1 bil­lion in as­sets, be­com­ing one of on­ly five cred­it unions in Trinidad and To­ba­go to achieve this mile­stone.

“Strong per­for­mance, along with pru­dent fi­nan­cial man­age­ment and mem­ber loy­al­ty have all con­tributed to our achieve­ment. This is an im­por­tant mile­stone that shows why we are the first choice for po­lice ser­vice per­son­nel or any­one seek­ing a thriv­ing fi­nan­cial co­op­er­a­tive to se­cure their fu­ture,” said TTPCU’s Pres­i­dent Auldric Nep­tune.

“From hum­ble be­gin­nings 65 years ago, the cred­it union closed April at an es­ti­mat­ed $1.011 bil­lion in net as­sets, which re­flects TTPCU’s con­tin­ued growth and com­mit­ment to cre­at­ing long-term val­ue and gen­er­a­tional wealth for our mem­bers for many years to come,” the out­go­ing TTPCU Pres­i­dent added.

The of­fi­cial an­nounce­ment of the mile­stone was made at TTPCU’s 64th An­nu­al Gen­er­al Meet­ing, which was held at the cred­it union’s new mul­ti-mil­lion-dol­lar Flag­ship Head­quar­ters at 33-35 East­ern Main Road, Barataria on Sat­ur­day.

Un­veiled to the pub­lic just over one week ago, the en­er­gy smart build­ing al­so in­cludes re­tail and of­fice space, con­fer­ence rooms and an au­di­to­ri­um, as well as a gym and rooftop en­ter­tain­ment area.

Es­tab­lished in 1956 to as­sist po­lice of­fi­cers in meet­ing their fi­nan­cial needs, PCU has grown to a na­tion­al in­sti­tu­tion serv­ing over 20,000 mem­bers from all walks of life. PCU em­pow­ers mem­bers to se­cure their fi­nan­cial fu­ture by pro­vid­ing a range of in­no­v­a­tive fi­nan­cial prod­ucts, in­clud­ing loans, sav­ings ac­counts and in­sur­ance cov­er­age.

The cred­it union’s op­er­a­tions in­clude branch­es in San Fer­nan­do, Ari­ma, Barataria and To­ba­go, as well as PCU Plus, the cred­it union’s Con­sumer Di­vi­sion, which re­tails fur­ni­ture, ap­pli­ances, elec­tron­ics, tools, home goods and gift items.

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