BPWCCUL | Thrift Club

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Thrift Club - Thrifty Infants, Pre-schooler up to 5 years old

Thrift Club - Thrifty Juniors, Primary school age 5-11 years old

Thrift Club - Thrifty Teens, Secondary School age 12 to 15 years

Premium interest rate on their savings

Free gift on sign-up*

Developing leadership skills

Networking with children their age

Attending annual camps and parties

Developing community consciousness

Learning money management & business skills

Developing public speaking skills

Awards for excellent academic performance

Pre-schooler up to 5 years old.

A great way for you to start preparing and saving for your child’s future!

Premium interest rate on savings
Free gift on sign-up*

Primary school age 5-11 years old.

Introduce your child to money matters and help them to develop a smart approach to saving and spending.

Premium interest rate
Free gift on sign-up*
Opportunity for annual 11 Plus awards

Secondary School age 12 to 15 years

The Thrifty Teen account is a membership account. The emphasis at this stage is on personal development and teaching valuable life skills.

Premium interest rate
Free gift on sign-up*
Opportunity for annual C.X.C. awards
Opportunity to serve on the Thrift Club Executive
Special Member ID Card

Thrifty Cash is the simplest way to give a new Thrift Club savings account or to build Thrift Club savings for any child up to 15 years old.

There is a world of opportunities available to a child as a Thrift Club member:

Premium interest rate paid on their savings
Awards for excellent academic performance
Social development initiatives and activities
Leadership opportunities
Training in money management skills
Access to the vast network of credit union
professionals & volunteers

Thrift Club. It’s more than just money!

Thrifty Cash Vouchers

Terms and Conditions

Vouchers must be purchased and redeemed for the value on the face of the voucher.

Vouchers can only be redeemed by in-branch deposit to a valid Thrift Club account.

Once issued, vouchers cannot be exchanged for cash.

Barbados Public Workers’ Co-operative Credit Union Limited is not liable for lost or stolen vouchers.

Our Thrift Club School Savers Programme was launched with the primary objective to prepare our nation’s youth to contribute to a financially literate and capable Barbadian population.

The programme provides an avenue for practical money management experiences through emphasizing from early, the financial concepts of Earning, Saving, Spending and Charitable Giving.

Students aged 8 – 15 years old in any local primary or secondary school have the opportunity through the Thrift Club School Savers programme, to save and learn how to manage money effectively now and for future financial security.

Here’s what you will need:

• The commitment of your School’s Principal and teaching staff.

• The consent and full support of parents/guardians.

• A minimum of ten (10) eager students to get started.

BPWCCUL will adopt or develop your school’s financial literacy programme as long as there are a minimum of ten students who are making regular deposits via the Thrift Club School Savers Programme.

As part of our adoption we also commit to:

Assisting teachers in the general classroom setting with the teaching of relevant areas of the curriculum.
Coordinating, co-sponsoring seminars and workshops targeted at encouraging personal development through valuable life skills and financial literacy.
Coordinating with the School’s administration, goal oriented savings and incentive prize promotions and competitions for Thrift Club School Savers Programme members.

Learn more about this opportunity.

The Thrift Club Advisory Committee is a group of young leaders selected by fellow thrift club members during the Thrift Club Annual Meeting. The individuals chosen to be on this committee, serve for a total of two (2) years. The selection process includes the submission of an essay. Thrift Club Advisory Committee members serve as advisors to the Credit Union and highlight their generation’s issues and concerns. They are expected to speak for the wider body of Thrift Club membership.

Current Thrift Club Advisory Committee:
(left to right) Shanna Earle, Aariel Broome,
Savannah Kirton, Daniel Thomas,
Shaunte’ Boxill and Mauricia Springer

Annual Academic Awards

Being a part of Thrift Club can be rewarding too! See below to learn how you can benefit from our annual academic awards. Every year we host an Academic Award Ceremony where we present all awardees and celebrate their accomplishments.

What are the categories available?

What are the requirements to apply?

Membership must have been in place for at least two (2) years prior as at May 31st of the year of the examination
Applicants must have a minimum of $250 for Barbados Secondary Schools’ Entrance Examinations and $500 for Caribbean Examination Council Examinations and Caribbean Advanced Proficiency Examinations respectively on their account as at May 31st of the year of the examination.
Each submission must include an Examination Results Submission Form along with verified copies of student’s examination results.
Applicants for the Barbados Government Exhibition and Barbados Government Scholarship Academic Awards must provide written proof of advice of the award from the Ministry of Education, Technological and Vocational Training.

What are the awards?

See award amount for each category below:

Category	Award Amount
Barbados Secondary Schools’ Entrance Examinations	$750
Caribbean Examination Council (CXC) Examinations	$1,000
Caribbean Advanced Proficiency Examinations (CAPE)	$1,200
Barbados Government Exhibitions	$1,500
Barbados Government Scholarships	$2,000