Seychelles Credit Union / La Digue

Seychelles Credit Union: Your Trusted Community-Based Financial Institution

As the only community-based savings and credit cooperative society (Credit Union) in Seychelles, Seychelles Credit Union (SCU) is dedicated to providing quality and fairly priced financial services to the community. With a focus on cooperative values and member empowerment, SCU prioritizes accountability, competitive rates, and excellent service.

Mission Statement

The mission of Seychelles Credit Union is to promote thrift among its members and provide high-quality, fairly priced financial services to the community. By prioritizing people over profits, SCU aims to surpass members' expectations and create a positive impact in the lives of its members. With a focus on putting members first, SCU strives to be a household name in the community, fostering financial well-being and empowerment.

Values

SCU operates based on a set of core values that guide its actions and decisions. These values include:

• Co-operation - Encouraging collaboration and working together for the benefit of all members.
• Trust - Building trust by maintaining integrity, transparency, and ethical practices.
• Moral integrity - Upholding moral principles and conducting business with honesty and integrity.
• Financial prudence - Ensuring sound financial management and responsible practices.
• Caring for members - Putting the well-being and needs of members at the forefront.
• Social responsibility - Contributing to the betterment of the community and society as a whole.
• Cooperative education - Promoting knowledge sharing and education on cooperative principles and financial literacy.

Objectives

SCU has set clear objectives to fulfill its mission and meet the needs of its members. These objectives include:

• Creating a pool of funds to provide credits/loans to members.
• Mobilizing savings among the membership.
• Promoting thrift among members, encouraging regular saving habits.
• Providing financial services at affordable and competitive interest rates.
• Encouraging good governance, transparency, and democratic practices within the organization.
• Empowering members to become self-reliant and financially independent.

Range of Savings Options

SCU offers a diverse range of savings options to suit the needs and preferences of its members. Whether you're looking for a traditional savings plan, a high-rate flexible account, or a guaranteed return with locked-in rates, SCU has you covered. Some key features of SCU's savings options include:

• No hidden fees or transaction charges.
• Reasonable and affordable interest rates.
• Flexible repayment terms tailored to your needs.
• No penalties on early repayment.
• The option for additional lump-sum repayments.

Seychelles Credit Union is a trusted community-based financial institution that prioritizes the well-being and financial empowerment of its members. With a mission to promote thrift, provide quality financial services, and surpass member expectations, SCU operates on cooperative values such as trust, integrity, and social responsibility. By offering a diverse range of savings options, SCU ensures that members can grow their money while enjoying competitive rates and flexible terms. Experience the benefits of being a member of Seychelles Credit Union and join a financial institution that puts your needs first.