Police Co-op Membership and its Privileges

Enjoy competitive dividend rates for your savings and one of the lowest interest rates for your loans! Join us now!

To Apply

To apply for membership, please use one of the options below:

Option #1

You can make the following applications online:
(a)   Application to be a new member of the Society; and
(b)   Application to convert an existing Ordinary membership to Associate Membership.

You may do so via this link: https://member.policecoop.org.sg/membership-matters/ or by scanning the QR Code below. Please use your Singpass to login to the portal.


Option #2

Please fill in and sign on the following form and bring it personally to The Singapore Police Co-operative Society Ltd office. The following documents must be made available at the time of application:

  • A copy of your NRIC (front and back);
  • A copy of your latest payslip;
  • A copy of your bank book/statement – front page with your name and account number (preferably POSB/DBS Bank Account);
  • A copy of the completed Individual Tax Residency Self-Certification Form; and
  • A copy of your employment contract, if applicable.

Referral Scheme

Existing members who refer another person to sign up as a member with the Society will earn $50 for every successful referral. The payment will be credited into the referrer’s bank account that is registered with the Society.

There is no cap imposed on the number of referrals. An email will be sent to the referrer to inform the referrer of every successful referral.

Membership Qualification

Criteria for membership application shall be as follows:

  • Be 16 years of age or above;
  • Be a citizen of Singapore or resident in Singapore;
  • Not be an undischarged bankrupt; and
  • Not be convicted of an offence punishable with imprisonment.


Ordinary Membership

Employees from:

  • Ministry of Home Affairs and its departments and statutory boards;
  • AETOS & its groups of companies;
  • Attorney-General’s Chambers;
  • Certis CISCO and its groups of companies;
  • Corrupt Practices Investigation Bureau; and
  • subsidiaries and associate companies of the Society which have the Society’s representative on the Board of Directors.

Associate Membership

Associate Membership is open to the following groups of people:

  • officers from the Voluntary Special Constabulary (VSC);
  • former Ordinary Members who have been admitted as Associate Members (Affiliate) under By-Law 4.4.2; or
  • teachers associated with National Police Cadet Corps, members and former members of National Police Cadet Corps.


Compulsory Subscription Savings of $40 to $500 per month, which is refundable upon resignation or termination of membership. Compulsory Purchase of 150 Police Co-op’s shares at a par value of $1 each at the start of the membership, which is refundable upon resignation or termination of membership. All savings will be returned to you when you cease to be a member of Police Co-op.

Ordinary Membership

Monthly deductions to be deducted directly from members’ pay via their Central Pay Office. A one-time non-refundable Entrance Fee of $10 is required.

Associate Membership

Monthly deductions are to be received via Giro. A one-time non-refundable Entrance Fee of $20 is required.


As a member, you will enjoy dividends from Police Co-op based on your annual saving (Subscription and Share Capital) balances as at 31st December. Find out more about the dividend rates from the past years.

Obligatory Dues (From Left to Right Below)

On taking up membership, whether by application or conversion, members are required to pay a monthly subscription of $40 to $500. The first payment shall be made together with the payments made in the Membership Obligatory Dues for Entrance Fee and Share Capital. Minimum of $200 will be deducted 2 months later upon approval of Ordinary membership and minimum of $210 will be deducted in GIRO deduction month upon approval of Associate Membership.

Savings Schemes at a Glance

Subscription Savings Scheme

  • Mandatory;
  • $40 – $500 per month;
  • Dividend based on balance as of 31 December Annually.

Eligibility for Withdrawals:

  • Fulfilment of 5-year membership*;
  • No net outstanding loan; and
  • Minimum $500 in account after withdrawal.

Share Capital Scheme

  • Mandatory (150 shares at $1 each);
  • Dividend based on balance as of 31 December annually;
  • Dividend rate same for Subscription Savings Scheme;
  • Withdrawal not possible (Fully refundable to member only upon resignation or termination of membership).

Fixed Deposit Scheme

  • Voluntary;
  • Minimum: $500;
  • Maximum: No limit;
  • Tenure: 6, 12, 24 or 36 months;
  • Premature withdrawal possible;
  • Joint account with immediate family members (spouse, child, adopted child, step-child, parent, step-parent, brother, step-brother, sister or step-sister who are 21 years and above) possible.

Specific Deposits Savings Scheme

  • Voluntary;
  • $10 – $1,000 per month;
  • Interest rate reviewed quarterly;
  • Daily interest calculation, tabulated and credited into account on a half-yearly basis;
  • No limitation on withdrawal.

Differences between an Ordinary and Associate Membership

Ordinary MemberAssociate Member
Voting rights during Police Co-op’s Annual General Meeting (AGM)YesNo
Eligibility to stand for election as a member of the Board of DirectorsYesNo
Entitlement to apply for monetary loansYesYes
Monthly DeductionsPay PacketGiro

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Last Updated on April 25, 2024