About PSCU Co-operative Society Limited

PSCU came into existence 42 years ago, when it registered for business in December 14th, 1966.

The Credit Union was founded by the late Mr. James Manswell, and the late Mr. Marshall Escagy. Founding members include Mr. Fitzroy Dyer, and the Late Mr. Atwell Cooper.
At that time its membership was limited to persons in the public sector. 109 of these persons had originally formed themselves into a thrift club and it is this thrift club which became where is now PSCU, with a membership of over 16,000 members.

The membership now comprises individuals from all walks of society and not solely the public sector.

The Credit Union has evolved over the 42 years of existence. At inception it was housed at #91 Abercomby Street. As the institution expanded it was relocated to #71 Pembroke Street, then to # 57-59 Dundonald Street. Subsequently PSCU relocated to rented premises at # 68-70 Sackville Street.

The Credit Union has recently relocated to it's own premises, #24 Sackville Street, Port of Spain Trinidad.

In response to its growing membership throughout Trinidad and Tobago, PSCU opened branches in different locations:

      As the external environment changed PSCU further responded to the changes by first changing its name to Public Service Association Credit Union and later to PSCU. Given its strategic intent to be all embracing, the Credit Union is commonly referred to as PSCU.

What is a Credit Union?

Credit Unions offer members more than financial services.  They provide members with the opportunity to actualy own the financial institution and to help them create opportunities such as starting a small business, building family homes and educating their children.

Duties and Responsibilities of Members

1. To use the services provided by the Credit Union
2. To invest funds in the Credit Union in accordance with the bye-laws
3. To attend and participate in all regular and special meetings
4. To elect persons of integrity, competence and commitment to serve on the board of directors and committees

Structure of a Credit Union

1. Members
2. Board of Directors
3. Supervisory Committee
4. Credit Committee
5. Management team
6. Staff

Social Groups:

1. Silver Club
2. Liaison Officers

The Annual General Meeting

The Annual General Meeting or Special General Meeting of members should be adequately promoted to ensure sufficient member participation.

Interested Credit Union members, compliant with standards of integrity, competence and commitment to work for the good of the Credit Union, should be allowed to stand for the nominating process.