Westbury Administrative Office/Service Center (Limited Branch Services) 865 Merrick Avenue Continuing to serve the under served in our Family Island Communities. Locations (516) 561-0030. Our Audited Financial Statements as of December 31, 2007 revealed that Total Assets stood at One Hundred and Nine Million, Three Hundred and Sixteen Thousand and Sic Hundred and Sixty-six Dollars ($109,316,660.00). The transition was rather seamless and the new system now makes member transactions much easier. Being satisfied that this was the way forward, the executive drafted the necessary Bye-laws embracing the Credit Union Philosophy. In March 1984, we moved from rented facilities to our own newly renovated building on Jerome Avenue. For assistance please call: (516) 742-4900 Monday through Friday: 8:00am - 5:00pm ET (until 6:00pm on Fridays) Educated Choice Rates shown assume maximum discount for Educated Choice. This represented an increase of 162.45% over the level of $414,597 attained for the previous year, 2012. While the current slowing of the global economy is a cause for concern, with prudent fiscal management at the individual and institutional level, we will successfully navigate through this period of turbulence. Our Office Hours are between 9:30am - 4:00pm Monday through Thursday and 9:30am-5:00pm Friday. Toward this end, members are urged to be pragmatic in their borrowing habits and to ensure they do not commit themselves beyond their ability to respond. BahamasLocal.com This amount is required if you want to participate in our loan products. Must complete an application for membership and provide the following documents: Deposit for opening the account (cash or cheque) $278.00  VAT included:  Â, *($1.12 per month or $13.44 a year thereafter). We started with twelve (12) members and in April 1977, the first deposit of Ninety Dollars ($90.00) was made to the Credit Union's bank account. Nassau Financial Credit Card Payments. This building was featured on a special commemorative stamp issued in June 2000 in recognition of the 25th Anniversary of the Co-operative Movement in our country. Providing new services to meet the diverse needs of our membership base. As of December 31, 2008 the Total Assets stood at $113,901,748.05. In 1976. Continuing to serve the under served in our Family Island Communities. In 1976. In 1998, a $3.5 million Administration Building was opened at the junction of Independence Drive and East Street. Bahamas Local © 2020. At the end of 2013, the credit union grew by 8.17% as total assets increased by $12,969,847 from $158,825,330 at the end of 2013 to $171,795,177. U Platinum Card; Cash Back; Low Rate Visa; Student Visa; Secured Card; Services. Bahamas Co-operative League Limited (BCLL). Send directly to Visa at: P.O. Over the past five years our business has grown at an average annual rate of 15.2%, outstripping all other Societies in the Sector and the overall Bahamian economy which on average, over the same period, grew at approximately 4% annually. May 2010 marked the official opening of Teachers and Salaried Workers Co-operative Credit Union Business Complex in Nassau adjacent to our Head Office. Increasing the services at all of our offices. Our watch words: Safety and Soundness. As of December 31, 2008 the Total Assets stood at $113,901,748.05. During March of 2008, we also revised our Strategic Plan for the business for the next six (6) years. Application for registration was made to the Department of Co-operative Development in 1976. Our Audited Financial Statements as of December 31, 2007 revealed that Total Assets stood at One Hundred and Nine Million, Three Hundred and Sixteen Thousand and Sic Hundred and Sixty-six Dollars ($109,316,660.00). The staff has grown from one in 1978 to a combined compliment of sixty-four (64) qualified Bahamian employees. The Bahamas Union of Teachers Executive Committee sought to investigate ways and means of propelling the membership towards greater financial security and economic stability. During March of 2012, we also revised our Strategic Plan for the business for the next six (6) years. $5.00 + $0.60 VAT charges, $13.44 – League Fee* $12.00 + $1.44 VAT charges. This milestone is no mean achievement, particularly when viewed against the back-drop of our humble beginnings of a first deposit of a mere ninety dollars ($90.00). We offer a wide range of financial products including Checking Accounts, low rate Credit Cards, mortgage products and so much more. During the nineties ('90s) TSWCCUL sought to expand its operations and benefits to the Family Islands, opening branches in Marsh Harbour, Abaco in 1992 and Freeport, Grand Bahama in 1997. Investing in new technologies such online banking, automated teller machines and loans via the internet. PO Box CB-11567 In April 2007, our $2.45 Million Freeport Office/Complex Building and property, West Atlantic Drive was officially opened. If any of the Business Information is incorrect, please let us know and we'll update the information. Once a person is earning a salary, they are eligible to join. Our net loan portfolio also grew by some 1.03% from $99,913,638 at the end of December 2012 to $199,942,819 at December 2013. Nassau Financial Federal Credit Union is one of the leading providers of financial services on Long Island. The Bahamas Union of Teachers Executive Committee sought to investigate ways and means of propelling the membership towards greater financial security and economic stability. Sign up for our newsletter. The plan underscores the need for the following: Together over the past three (3) decades, we have built a strong, viable financial institution that is not only the finest of its type in this country, but also one that is a model for the rest of the region. Toward this end, members are urged to be pragmatic in their borrowing habits and to ensure they do not commit themselves beyond their ability to respond. Four months later, the first loans were made to members. The transition was rather seamless and the new system now makes member transactions much easier. Increasing the services at all of our offices. Freeport and Abaco are in the process of being rolled-out and should be completed by December 2014. While the current slowing of the global economy is a cause for concern, with prudent fiscal management at the individual and institutional level, we will successfully navigate through this period of turbulence. See reviews, photos, directions, phone numbers and more for Credit Unions Nassau County locations in Long Island, NY. The overall Loan Portfolio grew by 19% over the 2006 level of $55,839,536.00 and reached a total of $66,545,881.00. Confirmation of Employment-Job Letter/Legitimate Source of Income – evidentiary documentation. During September 2007, the Credit Union converted to a new software system, at a cost in excess of $200,000.00. BahamasLocal.com is a user-friendly search engine with exclusive listings on businesses and community organizations in The Bahamas. In October 1982, Total Assets surpassed the One Million Dollars ($1,000,000.00) mark. Make an appointment today! Supported for the previous system will soon be withdrawn. A copy of a Credit Card Statement; Voters Card; You should note that you are encouraged to save a minimum of $50.00 per month towards your Ordinary Share Account that will be opened at the time of your account opening deposit. This amount is required if you want to participate in our loan products. With the continued support of our members, we stand poised to catapult this great institution of ours into the next three (3) decades and beyond. Our ATM card was rolled out to the members in New Providence on February 14, 2014. April 1987, all accounts were computerized. We offer a wide range of financial products including Checking Accounts, low rate Credit Cards, mortgage products and so much more. On February 14, 1977, The Bahamas Union of Teachers Co-operative Credit Union was officially registered under the Co-operative Societies Act of 1974. Telephone: (242) 698-1300 This milestone is no mean achievement, particularly when viewed against the back-drop of our humble beginnings of a first deposit of a mere ninety dollars ($90.00). Application for registration was made to the Department of Co-operative Development in 1976. Teachers and Salaried Workers Co-operative Credit Union Limited has experienced tremendous growth during the past thirty-three (33) years: Over the past five years our business has grown at an average annual rate of 15.2%, outstripping all other Societies in the Sector and the overall Bahamian economy which on average, over the same period, grew at approximately 4% annually. "We Are Big Enough To Serve, Small Enough To Care". Box 4521 Carol Stream, IL 60197-4521. It is the most powerful Internet-based resource in and for the Bahamian market.