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Barbados Public Workers Credit Union Forms 2019-2025

Barbados Public Workers Credit Union S 2019-2025 Form

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the automated Clearing House um the a credit unions starting with the the the two largest um are now bonifide participants on the AC um and we have as I said we working to provide a mechanism where the credit units that cannot afford to do it individually um can do it through a a through a third party um at a more a much more um affordable cost right now the average credit union member has about $9,300 in savings and when we look at in the study we looked at this deposit protection we know that 91% of all depositors in credit unions have less than $25,000 if you look at that same thing in Banks it's about 80% which tells you that credit union have smaller deposits in there they serve the working man and woman they serve you know people of more modest means and we believe back to this parody concept that those people should have their deposits covered just like they are covered in Banks

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