At THAWE, our Shares Account is the stepping stone for members to get
access to and enjoy the benefits of the products and services offered. Having
Shares makes you a part owner of the Credit Union. The value of a share is
Five dollars ($5.00) and members agree to save at least Fifty ($50.00) in
shares monthly and Twenty-Five ($25.00) per fortnight to maintain active
financial status.
With a share account: –
- You earn dividends on a yearly basis at a rate that is determined at the
Annual General Meetings. Dividends are the principal benefit offered to our members. The dividends earned are automatically deposited into their accounts, allowing members the freedom to manage and utilize their funds according to their unique needs and preferences. Whether they choose to reinvest, save for future expenses, or spend as they see fit, our members can take comfort in knowing that their financial growth is being supported through our reliable dividend structure. - Shares are covered by CUNA Caribbean Insurance for a maximum benefit of
Thirty-Five Thousand Dollars ($35,000.00) (TT) - Shares are used as collateral for loans.
- In the event of death, benefits are paid to your beneficiary.