This service is offered to any member who (is in good standing) and is interested in saving funds for his/her Christmas Budget. There is no stipulated sum to this plan, whatever you are willing to contribute we will accept. The period runs for eleven (11) months, January to November where payment is made from the first week in December. Interest will be paid as agreed by the Executive Committee and based on the prevailing interest rate.
First Citizens Bank and the Prison Officers? Association has an arrangement where the Organization has agreed to recommend persons interested in acquiring loans, for whatever purpose.
Members who are in good financial standing with the Organization will be able to access this service.
In order to access this service your are required to provide a job letter, recent pay-slip invoice/estimate together with the recommended letter from the Association.
Successful applicants will be given a deduction form to have them stamped and signed by the Association agreeing to have the loan payments deducted through pay-roll deductions from the member/s salary and remit said payments to the bank