Consumer Loans 9% - 11.5%
Education Loans 8%
Vehicle Loans 8.5% - 9.5%
Property Loans 4% - 7%
Collateral Loans 4% - 7%
Consolidations (secured) 4% - 7%
Consolidations (unsecured) 11.5% - 14%
Deposit Accounts 0.5% (balances over $50)
Junior Share Accounts 2.5% (balances over $100)
Christmas Club Accounts 4%
3 months 1%
6 months 1.25%
12 months 1.5%
Loan interest rates are calculated on the declining balance
All interest rates are annual
Interest rates are subject to change without notice
Copyright © 2021 Bahamas Law Enforcement Co-Operative Credit Union - All Rights Reserved.
The Nominations Committee, in accordance with Sections 46, 47, 48, 73 and 79 of the Bahamas Co-operative Credit Unions Act, 2015, wishes to announce that applications are now being invited from all members in good standing who may wish to run as candidates for the seats to become vacant at the next Annual General Meeting. The following seats are available:
1. The Board of Directors (2 seats),
2. The Supervisory Committee (1 seat),
3. The Credit Committee (1 seat)