The Trintoc (Penal) Credit Union was established in 1954, Registration No. 187, under the name United British Credit Union (Co-operative) Society Limited. Subsequently, on the basis of amendment to the Bye-Laws the name was changed to Shell Trinidad Limited Credit Union and later on to Trintoc (Penal) Credit Union Co-operative Society Limited.
The Bond was open to all persons of good character who are permanent employees, persons on contract with at least two (2) years’ service, and pensioners of the Petroleum Company of Trinidad and Tobago Limited, its predecessor companies, successors, subsidiaries and associated companies; spouses and children of members’ of the Society.
The nature of the Society is to grant loans, accept deposits, encourage and practice thrift among members. Our investment portfolio augments our asset base through both long and short term growth. Financial year ended 2018 TPCU had a membership of 2940, an asset base of $263,446,542.00 and six members of staff.
As at April 2020, our bond was expected to include members who reside and work within a five (5) mile radius of the registered Head Office.