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Police Hospital Cooperative Credit Union

PHCCU

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Menu
  • Home
  • About
    • About PHCCU
    • Board Of Directors
    • Supervisory Committee
    • Loan Committee
    • Our Management
    • CRS
  • Product & Services
    • loans
    • Savings
    • E-Banking
    • Account Shares
  • Gallery
  • News
  • Contact
  • Download

News

Police Hospital Cooperative Credit Union

PHCCU

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ANSWER TO THE PETITION

Clarification on Interest Rates, Loan Fees, and Leadership Process - PHCCU

The current 2% reducing balance interest rate imposed by PHCCU is financially crippling our union members. The industrial average rate of interest on loan per CUA standard is 3% per month translating to 19.5% per annum. However per the Board’s vision of financial freedom for our members, the rate.....

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