A long term savings scheme to encourage members to be prepared for rainy days and plan for their retirement.
The Subscription Savings Scheme is a compulsory savings scheme for all of our members. This obligatory contribution is intended to inculcate the habit of thrift in our members. The monthly contributions can be deducted from their pay (for Ordinary members) or via GIRO (for Associate members).
$40 per month
$200 per month
Police Co-op gives out yearly dividend on these savings based on figures standing as at 31st December.
Besides earning yearly dividends, subscription monies can be used as a collateral against some types of loans taken (Read more about Easi-loan here).
Subscription monies will be fully refunded should you cease to be a member of Police Co-op.