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

Thrift Club is a one-of-a-kind savings account for children packaged with exciting
benefits and opportunities.

 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

The Thrift Club savings programme is carefully tailored to meet your child’s needs as they grow.

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

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

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
Thrifty Teens – Secondary School age 12 to 15 years

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

To open a Thrift Club account, simply visit any of our branches and present the following:


  • Parent/Guardian’s  valid photo identification
  • Parent/ Guardian’s proof address no older than 3 months, e.g. a recent utility bill, bank statement
  • Birth Certificate for children under 3 months old or Minor’s identification card for
  • children under 15 years
  • A minimum opening deposit of:
    o $25 for children under 11 years
    o $125 for children 12 to 15 years


Thrifty Cash

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.




School Savers Programme

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.


Will your School join us?


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.



Educational Component


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.

Advisory Committee

The members of our Thrift Club Advisory Committee are our young ambassadors who advocate for youth services at the Credit Union and serve as liaisons for youth members in our Schools and communities.

The Committee represents both our Thrift Club Membership and Thrift Club School Savers brands.

Serving on the Committee is a great opportunity to develop leadership and advocacy skills.

There are seven seats available to any young Credit Union member 14 to 18 years old. Committee members serve for two (2) years with the opportunity for reappointment.

The selection process varies, but usually includes input from past Committee members, the wider Thrift Club and School Savers membership along with other relevant selection criteria.

Committee roles include the following positions:

  • President
  • Vice-President
  • Secretary
  • Assistant Secretary
  • Floor Member (3)

From time, to time the Thrift Club Advisory Committee may also chose to establish sub-committees from among general Thrift Club and Thrift Club School Savers membership with a specific focus on any of the following areas:

  • Event Planning and Promotions
  • Communications – Online and Print
  • Financial Capability and Empowerment
  • Product Development / Proposals

Feel free to reach out to us and the Committee via:


BPWCCUL’s Thrift Club


Meet the members of the current Thrift Club Advisory Committee below.

Front Row L - R Kaiowa Pilé-Durant Floor Member - Social Media Coordinator Shauntae Price Assistant Secretary Christianne Spooner Secretary

Second Row L - R Patriece Savoury-Fergusson President Krishonda Myles Vice-President In order of appearance  - Top Row L - R Toshiro Benn Floor Member - Events and Promotions Shane Prescod Floor Member - Financial Empowerment

Awards, Scholarships and Grants

Thrift Club adds value by providing opportunities to be benefit annually from Awards, Scholarship and Grants.

All awardees are recognized in the following categories, during an awards event to celebrate their accomplishments.


1. Academic Awards:

• for outstanding achievements in the Barbados Secondary Schools’ Entrance Examinations (11+)

• for outstanding achievements in the Caribbean Secondary Education Certificate Examinations (CSEC)

• for outstanding achievements in the Caribbean Advanced Proficiency Examinations (CAPE)

• in recognition of attainment of Barbados Government Exhibitions

• in recognition of attainment of Barbados Government Scholarships


2. Scholarships:

• BPWCCUL - Ralph Boyce Scholarships - University of the West Indies – all campuses

• BPWCCUL - H. Delisle Hurley Memorial Scholarships - Barbados Community College (BCC) -Technical, Vocational and Applied Studies

• BPWCCUL - Verta Coppin Memorial Scholarships - Samuel Jackman Prescod Institute (SJPI) -Technical and Vocational Studies

• BPWCCUL/Thrift Club Overcomer Scholarship - for local Secondary School Leavers

• BPWCCUL/Thrift Club Sports and Arts Achievement Scholarships


3. General Educational Grants:

• Tertiary level studies


Take advantage of our opportunities for awards, scholarships and grants as you pursue your academic endeavours. Click here for more information and to apply online.



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This is where you belong

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