Police Co-op

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Receive $25 worth of vouchers by becoming a Proposer!

The Co-operative’s membership base has been increasing steadily over the years with the support and effort of Police Co-op’s Directors, Commanders from the land divisions, trainers and staff from the various agencies. With their assistance, the recruitment team of Police Co-operative has been able to reach out to staff and officers across the Ministry of […]

Making a Nomination – Why is it important?

What is a nomination?

A nomination allows a member to specify an individual or individuals (known as a nominee) who will receive the member’s savings deposited in his/her Police Co-op savings account, and how much each nominee or nominees should receive upon the demise of the member.

Why is it important to make a nomination?

Making a nomination […]

CRS – Individual Tax Residency Self-Certification

What is Common Reporting Standard?

The Common Reporting Standard (“CRS”) is an internationally agreed standard for automatic exchange of information (“AEOI”) on financial accounts between jurisdictions for tax purposes. The objective is to enhance tax transparency so as to detect and deter tax evasion through the use of offshore bank accounts.

More than 100 jurisdictions including major […]

Under the provisions of the Co-operative Societies Act 1979

Before you make a nomination, please note that:

this nomination shall supersede any previously made nominations;
this nomination form must be signed in the presence of 2 witnesses present at the same time (date of signature must be the same). Both witnesses must be at least 21 years old and must not be a nominee themselves. You […]

Withdrawal – STSS Series 6

Phone Call Logging System installed

The volume of phone calls to the Police Co-op has been steadily increasing over the years in tandem with the increase of our membership base. To ensure good quality and consistency of customer service to our members, Police Co-op has installed a phone logging system to monitor all calls received from members and made by […]

Thinking of borrowing from a Licensed Moneylender? DON’T!

Revised Interest Rate w.e.f 1 January 2016: Specific Deposits Savings

With effect from 1 January 2016, the interest rate for Specific Deposits Savings will be revised from 0.85% per annum to 0.90% per annum.

More details of the Specific Deposits Savings Scheme can be found here: /specific-deposits-savings/

Festive Year-end Give-away 2015 – Registration

1000 pairs of Cathay Cineplex movie tickets will be given away to members, compliments of Police Co-op!

It’s our favourite time of the year again where we celebrate the upcoming festive season and the leap into a brand new year. This is the season to share our love for our members and show our appreciation for […]

Office closed for Deepavali

Please note that our office will be closed for the Deepavali public holiday on 10 November 2015.

Normal operating hours will resume on 11 November 2015.

Happy Deepavali to all our Hindu members.

Operating hours for the upcoming festive season

Please note that our office will be closed for the following periods during the festive season:

24 Dec 2015 – From 12.30pm onwards
25 Dec 2015 – Closed
31 Dec 2015 – From 12.30pm onwards
01 Jan 2015 – Closed

Members may continue to access their account via the 24-hours phone banking system at 6334 5670. Enquiries may be directed […]

Scheduled maintenance for Police Co-op website

Please be informed that our website has been scheduled for maintenance during the following period:

Date: 20 – 27 November 2015

Slower loading speed or disruption of the site may be experienced during this period.

Members may continue to access their account details via our 24-hour Interactive Voice Response System (IVRS) by calling 63345670 or direct your enquiries […]

Subscription-to-Savings Scheme half-yearly interest pay-out and cut-off date for withdrawals

The Subscription-To-Savings Scheme (STSS) is a by-invitation only, 3 to 4-year saving scheme for members with no outstanding loan and a minimum balance of $2,000 in their Subscription Capital Accounts as at launch period.

The objective of the STSS is to provide members with an opportunity to earn more regular and consistent returns on the monies […]

Spend prudently during the festive season and enjoy a worry-free New Year

Every year, thousands of loans are given to members in need of financial assistance for a myriad of reasons. Taking a loan for festive-related expenses has been gaining popularity in recent years. Splurging on luxury purchases and lavish meals during this period is common and can serve as a pat on the back for the […]

Subscription-to-Savings Scheme (STSS) withdrawal cut-off date and half-yearly interest pay-out

News of revised interest rates for the Specific Deposits and Fixed Deposits account, STSS half-yearly interest pay-out, fantastic year-end give-aways and tips on how to spend prudently for the upcoming festive season without losing the celebratory mood in the Oct – Dec 2015 issue of Police Co-operator!

Click on download pdf for the full issue of […]