This program assists our members to navigate the current economic challenges. The FRC consists of a specialized team who will offer one-on-one financial consultations exclusively for members whose employment or income status has been adversely affected, especially from the retrenchment process. It will also be available for members who are currently at-risk and want to be proactive about their financial situation.
Of course! The Financial Relief Centre offers financial consultations to members who wish to be proactive in maintaining or bettering their financial situation with the current economic climate.
Yes, the Financial Relief Centre is opened to BPWCCUL members only. Not a member yet? Click here to learn how to become one.
Contact the Financial Relief Centre as soon as possible! Take action and inform us of your financial strain before incurring arrears on your account and placing yourself in a bad economic standing. Our Financial Relief Centre Officers will advise you on what steps to take to improve your financial situation.
Debt Restructuring is the process that allows a member and the Barbados Public Workers’ Co-operative Credit Union to reduce and negotiate delinquent debts to provide a more feasible payment for the member. This process will adjust the current loan’s terms and conditions and could result in an extended contract with reduced payment. Debt Restructuring must be recommended by a Loans Officer/ FRC Officer of the Barbados Pubic Workers’ Cooperative Credit Union Limited. Make an appointment with our FRC team today to have a detailed discussion.
If you’re looking into Debt Restructuring, please bring the following documents with you:
If you have been affected by the retrenchment process, please bring the following documents with you:
If you have any concerns regarding which documents to bring, please call our hotline number at 622-9269.
No, the Financial Relief Centre is geared towards assisting members whose employment or income status has been adversely affected, especially from the retrenchment process. It will also be available for members who are currently at-risk and want to be proactive about their financial situation. Interested in applying for a loan? Call our contact centre at 622-8900 or visit the Loans Department at any branch of your choosing.
Yes, see how you can get on track below:
We have a Small Business Directory for small business owners to advertise their products and/or services to all members. Registration is free! Click here to register your business.
Members are also eligible for discounts when shopping at any of our Discount Partners by using their Co-Optima Debit Card. Learn who can help you save more here!
A series of educational seminars are also being offered to provide the awareness and tools necessary to successfully plan for and navigate life after retrenchment. Click here to learn more.
Call us: (246) 622-9000
Fax: (246) 437-8745
This is where you belong
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