Savings Maximizer

This  account allows for flexibility, allowing the member to do over the  counter (withdrawals/deposits) transactions at will. It is also the  only account from which transfers can be done on
Tele-Churches. Interest on the Savings Maximizer Account is credited quarterly.    

Pension/Retirement Scheme

Are You  Prepared?

We will all retire at some time. For many of us, it may  seem a long way off, but we must begin to put plans in  place to be able to maintain a comfortable lifestyle when we retire.

Retirement planning should be a priority throughout your adult life if you want to minimize your financial  problems when you move out of the workforce.

The earlier you begin your  retirement planning, the more money you can receive from your retirement  plan.

Are you currently contributing to a  pension scheme?  If not, it is important that you seriously think  about being enrolled in such a plan. It will be to your benefit
  

Churches Credit Union has such a  plan

Now, everyone can have a
    Pension Plan that offers:

     
  • Specialist advice  
  • Full range of administration  services  
  • Choice of Investment options  
  • Competitive Returns  
  • Tax-Free savings

Click to Download Application Form (pt1)
              Download Application Form (pt2)

Let Churches  help you Plan for your Retirement

Start today towards Financial Independence and Security

The following illustrates likely pension benefits based on  certain specific
     assumptions and do not  constitute a promise

PENSION/RETIREMENT SCENARIO
  Rate of return: 10%  per annum
  Initial Salary: $100,000  per annum
  Contributions: 10% per annum
  Salary Growth: 7% per  annum

ARE YOU PREPARED?

For futher details, call our Member Care Centre @929-5142 or email our Pension expert at richard.grant@churchescreditunion.com  


 CHURCHES CREDIT UNION PENSION GOLD


  1. Eligibility
    Anyone who - has not yet attained 60 years
     
  2. Enrolment in the Plan
    Each member must make written application on the specified form in order to participate in the Plan
     
  3. Contributions to the Plan
    Each member can contribute up to 20% of Pensionable Salary.  All contributions to the Plan shall be TAX FREE.
                             
  4. Disability Retirement
    If a member becomes totally and permanently he/she can retire. 
     
  5. Deferred Pension
    Any member who has ceased to contribute to the Plan and
         
  6. Annual Pension Benefit Increase
    Pensions payable from the Plan are likely to be subject to annual increases in the form of  CASH BONUSES. 

Y.O.U.T.H Accounts

Membership guarantees you benefits. At Churches we understand that the youths are "our" future, so we aim to give them "a good foundation" in order to ensure a stronger Credit Union tomorrow.