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Specific Deposit Interest Rate For the Period 1 April 2019 – 30 June 2019

The interest rate for Specific Deposit Account will remain at 0.60% per annum for the period 1 April 2019 to 30 June 2019. Subsequent updates on the interest rate can be obtained from our website at https://policecoop.org.sg/specific-deposits-savings-optional/.

Interest rates for the Fixed Deposits Account will also remain the same from 1 January 2019 as follows:

Tenure (Months)

Interest Rates (% p.a.)

$500 to $49,999
$50,000 […]

Complete the Survey and Stand a Chance to Win a $10 CapitaVoucher!

Police Co-op believes in sharing benefits with all our members, be it in the form of premium interest rates, events or promotions. We’re always looking for ways to improve our membership benefits so that we can reach out to more members. We would like to invite members to participate in a short survey. Those who […]

Specific Deposit Interest Rate For the Period 1 January 2019 to 31 March 2019

The interest rate for Specific Deposit Account will remain at 0.60% per annum for the period 1 January 2019 to 31 March 2019. Subsequent updates on the interest rate can be obtained from our website at https://policecoop.org.sg/specific-deposits-savings-optional/.

Interest rates for the Fixed Deposits Account will also remain the same from 1 January 2019 as follows:

Tenure (Months)

Interest Rates (% p.a.)

$500 […]

Subscription-To-Savings-Scheme (STSS) – Launch of Series 8

STSS Series 8 is a by invitation only, 4 year savings scheme for all members with no outstanding loans with Police Co-op and have a minimum balance of $2,000 in their Subscription Capital Accounts (SCA) as at 31 October 2018.The key objective of STSS is to provide members with an opportunity to earn more regular […]

List of Winners For the 1,000 Movie Tickets Giveaway in Year-End Giveaway 2018

Thank you for your interest in the Year-End Giveaway 2018 event with Police Co-op.

Registrations started pouring in at 0900 hours on 01 November 2018 and we continued receiving them until 0900 hours on 08 November 2018. Balloting was conducted by our Membership & Well-Being Chairman to determine the 1,000 winners for a pair of Cathay movie vouchers each […]

Specific Deposit Interest Rate For the Period 1 July 2018 to 30 September 2018

The interest rate for Specific Deposit Account will remain at 0.60% per annum for the period 1 July 2018 to 30 September 2018. Subsequent updates on the interest rate can be obtained from our website at https://policecoop.org.sg/specific-deposits-savings-optional/.

Interest rates for the Fixed Deposits Account will also remain the same from 1 January 2018 as follows:

Tenure (Months)

Interest Rates (% […]

List of Winners For the 1,000 Movie Tickets Giveaway in New Year Giveaway 2018

Thank you for your interest in the New Year Giveaway 2018 event with Police Co-op.

Registrations started pouring in at 0900 hours on 19 March 2018 and we continued receiving them until 0900 hours on 26 March 2018. Balloting was conducted by our internal auditors to determine the 1,000 winners for a pair of Cathay movie […]

Go Green, and Opt to Obtain a Copy of the 88th Annual Report Online

Last year, we started putting up the 87th Annual Report on our website so that members can easily download a copy. This year, we will continue to do so as part of our commitment to environment-friendly and cost-effective practices. The online 88th Annual Report will be made available on https://policecoop.org.sg/financials/ on 25 May 2018.

However, if you would prefer to […]

Revised Fees and Charges with effect from 1 January 2018

Please refer to table below for the new fees and charges with effect from 1 January 2018.

Proposer’s Incentive to be credited into bank account

With effect from 1st January 2018, members who propose or recommend friends, family members or colleagues to join the Police Co-operative as members will receive $25 as an incentive to be credited into their bank for each successful referral. Prior to this change, the Co-operative gave members $25 worth of vouchers for each successful referral.

 An existing […]

Make a Nomination for Your Account with Police Co-op Today!

Members have been coming forward to make new appointments of nominee(s) or amend existing nominations of their accounts at the Co-operative after our article on the importance of making a nomination appeared in the October 2016 to March 2017 issue of Police Co-operator.

 

If you have chosen not to make a nomination or there has been […]

Financial Status Self-assessment – How Are You Faring?

Some guidelines to lead you in the right direction on your financial planning!

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 […]