Author Archive

Notice of 52nd Annual General Meeting

Thursday, March 28th, 2024

Dear valued members,
Please see below, Notice of Meeting and details to register for our upcoming Annual General Meeting (AGM).

**CLICK HERE TO REGISTER**
https://bit.ly/ascuagm2024

Joint Credit Union S.E.A Workshop

Tuesday, January 9th, 2024
IS YOUR CHILD ABOUT TO SIT S.E.A EXAMINATIONS?
This S.E.A. Workshop aims to equip participants to adequately prepare, execute, and treat with the results of the S.E.A. Examination.
Please note that the registration deadline has been EXTENDED to Friday 12th, January, 2024.

JULY/AUGUST (JAVA) LOAN

Tuesday, June 6th, 2023

Details

Promotional period: June – September 2023.

  • 40% of the loan must be credited to member’s shares.
  • Interest rate 0.60% on the reducing balance
  • Repayment methods via Salary Deduction ,  Bank Standing Order & OTC 

Necessary supporting documents:E.g. airline tickets, hotel accommodation, book list, school tuition, vacation itinerary etc.  

  • Applicable loan fees
  • Mergers with other loan products will be permitted at the discretion of the approving body/Credit Committee
  • *Subject to regular lending criteria

 *Special conditions apply

Available packages offered:

Options  Loan Amount in TTD$ Maximum Repayment Period in Months
1 1,000.00 – 6,000.00 12
2 6,001.00 – 10,000.00 18
3 10,001.00 – 15,000.00 24
4 15,001.00 – 20,000.00 36
5 20,001.00 – 25,000.00 42
6 25,001.00 – 30,000.00 48
7 30,001.00 – 35,000.00 60

 

 

NOTHING DOWN VEHICLE LOAN PROMOTION

Tuesday, June 6th, 2023
Drive away in style with our NOTHING DOWN Vehicle Loan!
Offer EXTENDED to June 30th, 2023.
Call 640-6416/6418 to book your Membership/Loan Appointment today

DETAILS

  • Subject to normal lending criteria.
  • Interest rate: 0.60% on the reducing balance.
  • Bank Standing Order/Salary Deduction. Over the Counter payments provided that member has a timely record of monthly repayment amounts over a 12 month period.
  • Applicable loan fees apply
  • The maximum repayment period:

Up to 7 years to repay (New Vehicles)

Up to 6 years to repay (Roll on Roll off)

  • No merger with existing loans

Supporting Documents: 

  • BIR number
  • 2 forms of valid photo ID
  • Recent job letter (no older that 3 months)
  • Recent payslip (no older than 2 months)
  • Recent utility bill (no older than 3 months)
  • Proforma Invoice
  • Fully Comprehensive Insurance Quotation

 

CREDIT UNION DAY PRESIDENT’S MESSAGE 

Thursday, October 20th, 2022

Dear Valued Members: 

Happy Credit Union Day greetings to you. 

On 28th September 2022, Aero Services Credit Union celebrated 72 years in existence.  Since our humble beginnings with just $145.00, we have indeed blossomed into a multi-million-dollar organization consistently partnering with you to fulfil your dreams and life goals along the way. 

The theme for International Credit Union (ICU) Day this year is, “Empower your financial future with a Credit Union”. International Credit Union Day celebrates the Spirit of the global movement as we reflect with pride on the rich history, promote our achievements and take cognizance of our collective membership experiences. 

Empowering your financial future with Aero Services Credit Union is of special significance since we take great pride in supporting your personal development and in that regard, we encourage you to strive tirelessly towards achieving genuine Financial Independence by ensuring you develop a “Personal Financial Plan” as a key element in achieving your objective. 

The Aero Services Credit Union month activities include but is not limited to, the following: Financial Planning information through a Webinar; Health and Wellness activities; Loan Specials; and other Membership related activities.  

Our sincere commitment to you, is to truly “enrich the quality of your lives”. 

On behalf of the Board of Directors, Management, Staff and Committees of Aero Services Credit Union, Happy Credit Union Month. 

 

 

Cooperatively Yours, 

President Brian Matthew 

 

 

JOINT CREDIT UNION INITATIVE – Shared Branching (ASCU, CCCU & UWICU)

Saturday, October 8th, 2022

CUNA Caribbean Wills and Estate Planning Information Session

Thursday, July 14th, 2022

Dear valued members

CUNA Caribbean is inviting all you to a free live Wills and Estate Planning Information Session which is scheduled to take place next Wednesday 20th July, 2022 from 5pm – 6pm.

Interested persons can forward their names along with their email address, credit union name (Aero Services Credit Union) and phone number to Lisette Maxime-Hernandez at lmaxime-hernandez@cunacaribbean.com or to Jael-Joy Ahye at jahye@cunacaribbean.com . Once an email is sent you will receive the link to the live session.

ASCU Tobago Committee Essay Competition: Congratulations to our Winners!

Wednesday, March 9th, 2022

Congratulations to our winners of the Tobago Committee’s Essay Competition! 

 

1st place $800 – Janae Cordner

 

2nd place $500 Nneka Guillaume       

3rd place $300 – Destiny Alleyne         

Notice – Member Due Diligence Advisory (KYC/Member Update)

Friday, July 30th, 2021

 

Member Due Diligence Advisory (KYC/Member Update)

 

Aero Services Credit Union  is currently reviewing its Member Due Diligence Programme (KYC/Member Update)  in keeping with the following laws enforced by the government of Trinidad and Tobago:

  • The Proceeds of Crime Act
  • The Anti-Terrorism Act (and its Regulations)
  • The Financial Obligations Regulations
  • The Financial Intelligence Unit of Trinidad and Tobago Regulations
  • The Central Bank of Trinidad and Tobago “Guidelines on Combating Money Laundering and Terrorist Financing”

The credit union is therefore asking its members to submit the following original documents:

  • 2 forms of valid photo identification (National ID, Passport, Drivers Permit)
  • Proof of address – A recent Utility Bill (Telephone – land line only, WASA, T&TEC, Cable and Bank Statement): no more than three (3) months old.
  • Proof of income – Job Letter or Recent Payslip, Pension, Grant, and NIS information and documents for any regular income source (e.g. property rental): no more than two (2) months old.

Note1  For foreign members ONLY all of the above  MUST BE notarized,  including a notarized Bankers Reference Letter submitted via post mail to the following address below;

The General Manager

Aero Services Credit Union

12 – 14 Orange Grove Road, Tacarigua

340606

Trinidad & Tobago W.I.  

 

Please be reminded that you are obligated to let us know when you have made changes to your personal information (change of names, status, address, telephone number. employment/ Department).

 

Should you have any queries or concerns please feel free to send us an email at info@aeroservicescu.com or contact us at 640-6416/6418

 

CLICK THE FOLLOWING LINK TO MEMBER UPDATE FORM

Update Member Information

Notice – LOAN INTEREST REBATE NOTICE

Tuesday, June 22nd, 2021

Dear Valued Members,

Please be advised that our 2020 Loan Interest Rebate would be deposited to members Flex-A-Save accounts from Wednesday 23rd June 2021, as declared  at our 2021 Annual General Meeting held on Saturday 12th June 2021.

We encourage members to utilize our alternative payment options by way of our ASCU VISA Debit Card or ACH (payment made directly to your bank account) for more convenience. Please contact our offices to have this facility arranged.

Unless absolutely necessary if you should wish to collect cash our Payment Schedule is outlined as follows:

Members with surnames: –

A- B Wednesday June 23, 2021

C – F Friday June 25, 2021

G – J Monday June 28, 2021 

K – M Wednesday June 30, 2021

N – R Friday July 2, 2021

S – Z Monday July 5, 2021

Important Reminders:

  • Our opening hours are from 9 am – 1 pm Monday to Friday at our Trinidad Office and Monday, Wednesday, and Thursday at our Tobago office, until further notice.

 

  • *Be reminded that our cash payment limit is $1,000 TTD.

 

  • Members visiting the credit union must ensure to sanitize and maintain sufficient social/physical distancing.

 

The Board, Management and staff wish to  thank you for your cooperation and continued support.

 

Please note that if your loan account is in arrears, your loan interest rebate will be applied to your loan.

 

 

By order of Management