Monday 29 February 2016

The Seychelles Credit Union is a members owned cooperative.


The Seychelles Credit Union is a members owned cooperative.

ABOUT US
The Seychelles Credit Union is a members owned cooperative.

SAVE REGULARY

Whether you’re looking for a traditional savings plan, a high-rate flexible account, or you want to lock in a guaranteed return, SCU has the savings options that help your money grow.

BORROW WISELY

No hidden fees or transaction chargesReasonable & affordable interest ratesRepayment terms to suit youNo penalty on early repayementAdditional Lump Sum repayments


Since our shareholders are the members themselves, we can concentrate on giving them competitive rates and excellent service. We believe we should be accountable to them. Our approach is based on members working together and reaping the benefits together, hence our motto:

SAVE REGULARLY. BORROW WISELY. REPAY PROMPTLY.

The website has been developed with the aim of making our services readily available to all Seychellois residing in and outside Seychelles.  SCU reckons that this approach will be beneficial for its continued growth as an established financial institution.

Our Values are:

Co-operation
Trust
Moral integrity
Financial prudence
Caring for members
Social responsibility
Cooperative education
Seychelles Credit Union Mission Statement

As the only community-based savings and credit cooperative society (Credit Union) in Seychelles, the Seychelles Credit Union has the mission of promoting thrift amongst its members to enable it to provide quality and fairly priced financial services to the community sphere through putting people before profits and deliver financial services that not only meet but surpass members’ expectations.

Our vision is to strive to become a household name amongst members of our Community.

Our Objectives

Creation of a pool of funds to provide credits/loans to members
Mobilisation of savings amongst its membership
Promote thrift amongst its membership
Provide financial services at affordable and competitive rates of interest
Encourage good governance, transparency and democratic practices
Empower members so that they became self-reliant.Moral integrity
Organisation Chart
The structure of the Seychelles Credit Union Organisation is as follows:


Organisation Chart
The structure of the Seychelles Credit Union Organisation is as follows: 
chart1

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