BICCU is a co-operative that provides the highest level of financial services in a professional and friendly manner to encourage thrift, savings and the wise use of credit.
Our Mission is to be regarded as the country’s leading members-owned financial services organization and we aim to be their primary financial resource; offering friendly, quality, leading-edge services dedicated to helping members achieve their financial independence.
We are partners to our members’ financial freedom. This is both our motto and our daily practice. We empower our members to control and manage their financial well-being by providing a variety of sound, innovative products and services to improve their quality of life.
Among its products BICCU counts a range of savings plans, including an Asue, Certificate of Deposits, KIDDS Club for youths 16 and younger, Christmas, Vacation and Education Clubs.
The Credit Union boasts online facilities that offer convenience but also assist members in exercising good money management practices and monitoring. The credit union’s proudest innovation in this regard is BICCU’s Internet Teller, which can be easily accessed at www.bircccu.org. This online facility offers ease and convenience for its valuable members, permitting them to view their accounts and conduct financial transactions.
Our website features mortgage and payment calculators and our convenient bill paying facility. For members using this service, BICCU will submit payment for monthly bills to ANY vendor indicated. It saves time for members and there is no waiting in line.
BICCU also offers a Visa Debit Card that allows our members to shop locally and abroad and to access their funds at ATM’s in the Bahamas and anywhere in the world!
As the cost of health care and health insurance is usually high in the Bahamas, it often challenges the best laid plans of the wider Bahamian community to save and achieve financial stability. As the well-being of our members is our prime motivation, BICCU offers a major Medical, Dental and Vision group insurance where virtually every member can be in our group. The benefits are many. There is no deductible on the medical coverage, $15,000 Life Insurance, 100% Coverage on Air and Ground Ambulance, and a card that is widely accepted in The Bahamas and the United States. The good news is that this excellent insurance plan is now available to the general public, as just one part of what we’re doing to demonstrate our commitment to community building.
BICCU offers a wide spectrum of loans that address a significant part of the financial challenges most people experience. These include mortgage loans for everything from undeveloped land to single family dwellings all the way to multi-family investment. Also available are auto loans, personal loans and a range of credit products including debt consolidation.
Our Core Values:
* – Commitment to Service
* – Demonstrate care and concern for all
* – Create inroads to financial freedom
* – Improve the quality of life for the shareholder
* – Be ever-changing and dynamic