what146s inside Service AwardsSEA and TertiaryBursary Awards - PDF document

1 what’s inside: Service AwardsSEA an
what’s inside: Service AwardsSEA and TertiaryBursary Awards Credit Union TECUNEWSA PUBLICATION OF TCU CREDIT UNION CO-OPERATIVE SOCIETY L TECUNEWSA PUBLICATION OF TCU CREDIT UNION CO-OPERATIVE SOCIETY L NAME DATE OF DEATHAndre Esdelle-Thomas 12/10/12Anthony Coombs 8/5/13Avana Adams 7/11/135/11/13Beryl Bartholomew 6/9/13Boysie Ramsumair 5/30/13Brenda Phillips-Reid 5/27/13Clyde Barholomew 9/11/13Daren Ramdathsingh 8/10/13Denis Turton Deo Jaggernauth 6/23/13Elman Traboulay 7/11/13Glenn Mohammed 7/21/13Harrichan Joursingh 5/10/13Kelvin Bridglalsingh 4/13/13Kimchain Ramkissoon 12/29/12Meena Ragoonanan 6/22/13Narine Jaggernauth 6/29/13Nicholas Ramsaroop 11/26/05Nomatee Ramharacksingh 6/5/13Paltoram Raikumar 7/6/13Percy Thornhill Rajkumar Parahoo 4/15/13Ramrajie Maharaj 9/1/13Robert Tiah Samuel Wright Shannon Kangoo 7/21/13NAME DATE OF DEATHNAME DATE OF DEATH TipsTipsCarnival Safety Wear minimal jewellery. Travel in groups to and from activities. Not carry around or display large money. Not have wallets and change purses Not accept drinks from strangers or Pre-plan transport arrangements and designate an alcohol free driver. Ensure that you secure your premises. Be observant when returning home, Ensure that your vehicle is properly secured. Use paid car parks whenever Not drink and drive. Not leave valuable items exposed in Be cautious of persons loitering near traffic Have your keys in hand when you approach Be vigilant at all times when returning especially at night and if you are travelling All wear identification cards bearing their name, name of parent/guardian, address and telephone number. Not be left unsupervised at home. Not use public conveniences unless an adult Not be left in the charge of strangers. Not accept food or drink from strangers. Not be taken to fetes, calypso tents and other Here are a few reminders you should consider during the carnival period:When attending parties and other activities you are reminded Parents and guardians are reminded that their children should: At this time of year, we welcome the spirit of goodwill, peace, love and joy into our lives. TECU joins with our 37,500 Our dedicated staff headed by our General Manager, Brian Tangwell, is there to serve you and ensure that your the season. TECU’s varied range of products and services are thank our staff for their commitment this year, and trust that we To o

2 ur Board members and Officers we say tha
ur Board members and Officers we say thank you for your dedicated voluntary service throughout the year. May God continue to richly bless you and your families this season. The Hercules (Convenor), Kent Byer, Robert Andrews, Orville Andrews and Silvan Kadera. This committee has, without any the movement’s position on the very onerous, Credit Union Bill currently before the government agencies. We wish to extend The TECU team is therefore seeking continuously to be true to our motto of “CREATING AND SECURING YOUR from Deepak Chopra’s book “The Seven Spiritual Laws of New Year 2014.prosperous New Year.Christmas Greetings Christmas Greetings President’s Message President’s Message From North America to East Asia, most cultures have embraced some form of the proverb, “every mickel mek a muckle”. For those of us that may not be familiar with the popular Jamaican patois proverb, maybe the saying “a penny saved is a penny earned” may ring a bell. Whether in patios or in good old English, the fact remains that every little bit adds up!How many of us say to ourselves, “When I get a bigger salary, I will start to save” or “I don’t get paid enough to save”. Well the truth is that as our salaries get larger, our spending increases and our savings more often do not see the reflected growth. The ability to save must be part of our routine and often it must be something that we train ourselves to do. The best time to save is always now! A dollar a day may actually help to keep the creditors away. As Benjamin Franklin once said, “…never leave that for tomorrow which you can do today…” These words of wisdom can be applied in our everyday savings lives. Every little counts no matter how small or large our salary. It is advised we save 10% of our salaries. This ratio remains the same whether our salary is $100.00 or $1,000.00. As our salary grows, so should our savings.Tips to help us save: Put aside a minimum amount of money for savings monthly. Saving as little as $100.00 a month, will give $1,200.00 plus interest at the end of the year. Save first spend after! If there is any money left after spending, save a little more. If possible, save from the source. Create a standing order from your salaries towards savings. If you do not see it, you may be less tempted to Do not be tempted to withdraw any interest earned on savings unless it is necessary. As A

3 lbert Einstein once said “…com
lbert Einstein once said “…compound interest is the eighth wonder of the world. He who understands it, earns it, he who does Be aware of the places that we save money. Savings accounts in banks may have monthly charges from as little as $0.00 to as much as $13.01. Credit Unions such as TECU do not charge monthly fees. Cash is king! LINX, point of sale terminals and cash withdrawals from the ATMs all have associated fees. Withdrawals at TECU Credit Union are free. Take lunch to work and school can account for a great portion of our monthly budget.Every mickel mek a muckle, every penny earned. Remember, the time to start saving is always now. Our 3TECUNEWS ISSUE 3 / 13 2 TECUNEWS ISSUE 3 / 13 MATTERSINTERNATIONAL YEAR OF CO-OPERATIVES AWARDS CHARITY DISPENSATIONHOLIDAY RESORTSINTERNATIONAL CREDIT UNION DAY / STAFF LONG SERVICE AWARDSFAQ’s: HOW MUCH DO YOU KNOW ABOUT TECUGROUP LIFE INSURANCE WHAT OUR MEMBERS SAY INTERNSHIP PROGRAMME PRIMARY SCHOOL QUIZ 2013SEA AND TERTIARY BURSARY AWARDSCARNIVAL SAFETY TIPSEditors: Ms. Joy Jarvis, Mrs. Lucy Ottley, Mr. Leroy FerminEditorial Team:Joy Jarvis, Lucy Ottley, Leroy Fermin, Candice Hector, Education CommitteePhotography: Herman Herbert, Nadine Pirtheesingh, Stacy Charles,Candice Hector, Orville Wolsey Producers: Newsletter Committee& Marketing DepartmentLayout+Design: Kishore RaghoobarPrinting: Guardian Media LimitedTECU NEWS:The Education Committee, TECU HOUSE, Southern Main Road, MarabellaTel: (868) 658-TECU (8328)Fax: (868) 658- 2611E-mail: tecu.education@tecutt.comWebsite: www.tecutt.com AS AT October 31st 2013SHARES $1,181,408,683 Investment Analyst ByStacy Charles Every Mickel Mek a Muckle MONEY AT A GLANCE The Co-operative Development Division recognised the contributions made by those in the Credit Union sector that have gone above and beyond the call of duty, and deemed exemplars of the co-operative values and principles of service to the society. International Year of Co-operativesIndividual Award Director Lloyd Lennox Hercules, presented by Director of the Cipriani College of Labour and Co-operative Studies, Ms. Wendy Augustus.AwardDirector Kent Byer, presented by Ms. Michelle Roofe of the Cipriani College of Labour and Co-operative Studies. 54TECUNEWS ISSUE 3 / 13TECUNEWS ISSUE 3 / 13 TECU Credit Union hosted its annual Charity Dispensation function on Wednesday 10th July, 2013 at TECU House, Marabella. Twenty-one (21) charitable o

4 rganisations and eight (8) schools recei
rganisations and eight (8) schools received monetary donations amounting to $100,000 on the day. A commemorative token was also given to all recipients. TECU will continue its efforts to support these entities in the upcoming year. Dispensation CHARITY Make a reservation today!! Staff interacting with charitable organisationsInternational Credit Union Day (I.C.U.) was yet again a magnificent celebration observed on Thursday 17th October, 2013. This year’s I.C.U. day theme was ‘Credit Unions Unite for Good: A Better Way’. In an effort to echo the sentiments of the theme, four notable charities were invited to participate in the celebration. These charities included Marabella Family Crisis Centre, Habitat for Humanity, National Centre for Persons living with Disabilities and Living Waters Community. The highlight of the day’s event was the annual staff long service awards. Five (5) long serving staff members were acknowledged for their contributions to the organisation. These staff members were Ms. Sue Ann René (35 years), Mrs. Lisette Weekes-Warner (10 years), Mrs. Ria Harridan (10 years), Mr. Adrian Barrington (10 years) and Ms. Rosanna Munroe service and continued contribution to the society. Staff Long Service AwardsInternational Credit Union Day: Adrian Barrington Rosanna Munroe F.A.Q’s:How much do you know about TECU?Questions: 1. What year was TECU established?2. What does TECU stand for?3. What is the core business of TECU?4. Are members’ savings and loan 2. In 1984, the society’s bond became open to all, and as such an independent name was forged from the first initials of Texaco Employees Credit Union, thus creating TECU.3. Savings, Loans, Fixed Deposits4. Yes! TECU offers both Life Savings and Loan Protection Coverage GROUP LIFE INSURANCE PREMIUM If you are unable to make payments from your own funds, please be informed that you also have the option of applying for a loan to cover such cost. AGE CLASS COVERAGE NEW PREMIUM1-10 $12,000 $76.44$39,500 (Life & AD&D) 65-74 $35,000 $180.60 75 and over CLICO RATES PLAN A $52.80 monthly PLAN B $79.20 monthly PLAN C $105.60 monthly PLAN D $158.40 monthly PLAN E $211.20 monthly FIP RATESMembers are advised that payments for the CLICO Group Life Insurance, CUNA Members are therefore reminded to ensure that sufficient funds are available on VISA • CONVENIENCE • SAFETYLOYALTY • AGENTS • DISCOUNTSSAVINGS • SECURING • AGMAF

5 FILIATESWord Search P C O F Z W X O G G
FILIATESWord Search P C O F Z W X O G G C X N S EQ S G N I V A S P Z U G J C VB A A F G Y F C X D Z M N C MT Y F I O D G C I A G E N T SS K F L Q H X S J Y I J F S YH Q I C K W C G T N T O T N TV G L J I O C Z E G N E D C EI T I D U G Q V V N I Q Z E FS C A N K G N C E I K F Y S AA S T R U O V X I R D W L N SW S E M C R R I L U E Y D G PC V S Y A T P G L C Y H E H QK Q D G Z O C O F E I U P X XB V M I H Z T W P S U X W V UF E P K L O Y A L T Y P K N K CornerWe spend more of our waking hours at work than we do in our homes. The workplace brings different experiences, requires different talents and puts you in association with tionships are at the core of business success. Manners and etiquette therefore, have a profound effect on the way we establish and develop those relationships.At work you share common work-related goals, and success at your job. If things get difficult it may be critical that you find a way to solve problems.Etiquette offers you tools that can smooth the way, prevent difficulties from reaching the point where they threaten success, and can help you solve problems when Successful employment requires that you perform as expected, practise common courtesies, and solve problems as they arise. The office/work environment functions best when employees are respectful and considerate of each other. This ranges from not eating someone’s lunch respectfully to co-workers. Workplace Relationshipsextremely important that you are aware of your reactions, always choosing to be civil and honest, “Treat others the way you wish to be treated”. This rule must always apply.taking responsibility are all part of maintaining positive workplace relationships.Clients, Customers, Vendors and Contractors are an integral part of your organization. Your interaction with outcome. Your efforts therefore, are reflected in your responsibility and you owe it to yourself and your organization to make their experience pleasant, and worthwhile. Whether doing business on the phone, sending letters approach should always be one of civility, helpfulness, respect and consideration.looked. The workplace is a delicate environment and office parties, business lunches and other similar gatherings are times when civility and respectful manners still apply. Dealing positively with people will directly affect your success as an employee. Remember, common courtesies, consideration, and etiquette, are the little gestures that we perform out of respe

6 ct for others. Mrs. Lucy OttleyOn the Jo
ct for others. Mrs. Lucy OttleyOn the Job without a job letter. They have here very rarely. The dividends are getting smaller but that’s Radha Ragoonanan, Michael Williams, TECU’s commitment to social responsibility of the community and the wider society.menced on July 1, 2013 and concluded on various departments to gain practical work experience, in addition to good office etiquette. included, financial planning, resume writing and programme, one of TECU’s primary thrusts will our community. TECU’s internship programme promises to be bigger and more successful in We wish all the interns good success in their future endeavours and trust that they would Internship Programme Interns visit to Tobago EZ DEPOSIT 1. Complete Deposit information on envelope (use one envelope per account)2. Insert cash and / or cheque in envelope3. Cheques should be made payable to TECU Credit Union. If cheque is in members name, please sign / endorse back of cheque twice4. Seal envelope and deposit into box5. Envelopes are opened by two ocers of the Credit Union to ensure the protection of your transaction6. Deposits made by 2:00pm would be credited on the same day. Deposit made after that time would be credited on the next working day. 7. Your receipt would be mailed to you Alston Francois, http://www.oxfamblogs.org/fp2p/?m=200908 S.E.A. and TERTIARY BURSARY AWARDSS.E.A. and TERTIARY BURSARY AWARDS In an effort to continually motivate and develop the youth of TECU, students who are members and children of members were invited to apply for bursaries. Fifty (50) S.E.A and twenty- five (25) tertiary bursary awards were distributed to academic achievers on Friday 20th September, The annual Primary School quiz, customarily held during Credit Union month, took place on Tuesday 15th October 2013. Eleven (11) schools from the southern region participated. The students were given information on the Credit Union to study in preparation for the quiz. 2013 Primary School QuizPrimary School Quiz Kereem T.J. BrandonLeigh- Ann DinnooMariama TaylorBrandon Mc Eachrane- Lewis Mia Lum KinBrittany Taylor Celeste V. Williams Obadele K.P. WilliamsTERTIARY RECIPIENTSSahara A.M. CrawfordTia BrandfordTiffany FrancisTroy J. SamlalsinghTylon DonaldVernados D. SeepersadTalia BoodoosinghYasuri Ramoutar Vashisht RamsaranBoth Students of T.M.L. School. Zuriel Edwards Fernando Boys R.C. School. Veronique Andrews Fernando Girls’ Government Schoo