Youth Empowerment
Savings Account
Youth Empowerment Savings Account - Y.E.S.
Youth Empowerment Savings Account (Y.E.S.): Empower the next generation with our Y.E.S. Account. With a minimum start-up deposit of $100 and an attractive 2% annual interest rate, give your children the tools they need to start their financial journey. Seamless transition to an Ordinary Deposit Account at 18 ensures continuous growth. This is available to members under 18 years of age.
Unlock a world of financial possibilities with CLICO Credit Union. Join us today and embark on a journey of positive financial growth. Email us at memberservices@clicocu.com for more information on our innovative savings solutions.
Why Choose the Y.E.S. Account?
- Membership
- Monthly Installment
Email memberservices@clicocu.com for more information.
Got any questions? we’re here to help
Frequently Asked Questions
There is no set waiting period, but lending criteria does apply.
Documentation varies on the type of loan needed. See our list of loans to find out the details that pertain to your request.
Alternative: Documentation required will vary depending on the nature of your request but the prerequisites are two valid forms of picture identification, recent job letter and payslip along with supports for your request.
The Anything Loan is a unique loan offering from CLICO Credit Union that allows you to borrow funds for any purpose you desire. Whether it’s debt consolidation, home renovations, planning a wedding, starting a small business, or pursuing further education, the Anything Loan gives you the flexibility to meet your financial needs.
The loan amount is determined based on the borrower’s ability to service the loan.
Applying for the Anything Loan is simple and convenient. You can visit our website and apply for the loan using your online banking credentials. Alternatively, if you are a member and do not have your online banking credentials you can apply for them at ccuebranch.com and click “Sign Up”
Yes, you can become a member of CLICO Credit Union and apply for the Anything Loan immediately. Our team will guide you through the membership process, ensuring you have access to all the benefits and services offered by our credit union. Email us at bdteam@clicocu.com or fill out the form at the bottom of this page.
Yes, for loan amounts above $40,000 there is a 5% share requirement held, this can be deducted from the loan amount in cases where the member does not have the required shares.
The interest rate for this loan product ranges from APR 12.0% to 18.0%.
The interest rates for the Anything Loan will be determined based on various factors such as your Debt Service Ratio (DSR), Credit Score, and delinquency history. Our lending team will work closely with you to provide the most favorable interest rate based on your individual circumstances.
The Anything Loan carries a maximum repayment term of 10 years.
You can borrow up to $650,000 with the Anything Loan, depending on your specific requirements and eligibility
Once you have submitted your application, our lending team will review it promptly. We strive to provide quick and efficient loan decisions, and you will be notified of the outcome as soon as possible.
The preferred form of repayment is via salary deduction, but alternative options can be discussed with your lending officer.
Absolutely! Debt consolidation is one of the many purposes for which you can use the Anything Loan. Consolidating your debts can help simplify your finances and potentially lower your overall monthly payments.
All loans are subject to normal lending criteria. Our lending team will assess your eligibility based on factors such as your terms of employment, income, credit history, and ability to repay the loan.
Fast & Easy
banking on the go.
Download our free mobile app and start banking from anywhere.
- Secure Banking
- Access Your Account Anywhere
- Management at your finger tips
