Who We Are
PECU is a leading financial institution in the credit/lending industry in Trinidad and Tobago. PECU was founded in 1973 by a group of workers led by John Morales from the defunct Port Contractors Association who encouraged their fellow workers to be part of this co-operative union venture.
The Credit Union aims to improve the social and economic conditions of its members by providing savings, providing loans and acquiring other goods and services for the benefit of the society and its members. Being member-owned means our customers and owners are the same – our members. Everything we do is designed to benefit our members.
Self-help is a fundamental concept of the Credit Union and educating members in the practices and principles of the Credit Union Society is one of our member goals. This is important enough to have a dedicated Education Committee.
Our philosophy is simple, and it governs how we operate. We’re about our members, not a profit.