Share Account

Share Account

The strength of the Credit Union is represented by the worth of its Share Capital. Each share purchased is a contribution towards the pool of resources from which members borrow in time of need. As a shareholder you are part owner of the Society with an equal opportunity to benefit from all services that Progressive provides.

A share savings account:

  • Allows members to borrow up to one and a half times the amount
  • Can be used as security for a loan
  • Gains dividends annually as decided at the Annual General Meeting
  • Covered by insurance up to TT$75,000.00

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