- info@nccudominica.com
- Opening Hours
Monday - Thursday 8am - 3pm
Friday 8am - 4pm
NB St. Paul Branch : Thursday Closed, Saturday 9am - 1pm
Monday - Thursday 8am - 3pm
Friday 8am - 4pm
NB St. Paul Branch : Thursday Closed, Saturday 9am - 1pm
Are You 60? Well, it’s not too late. NCCU has introduced a NEW Members’ Retirement Account with you in mind. You can continue growing savings now for your golden years with a MRA Gold account.
Note: The interest rate is subject to change
NCCU members can open a MRA Gold account between the age of 60 and 65.Visit any of our seven (7) Branches with your birth certificate and a valid picture identification and complete an MRA Gold application form.
Members with a Matured MRA, or a Maturing MRA
You can complete the application form and mail to us at National Cooperative Credit Union Ltd, Member Services Department, PO Box 175, 31-37 Independence Street, Roseau, Dominica along with instructions for a deposit; or send by email to: memberservices_manager@nccudominica.com
To open from overseas, simply print the MRA Gold application form (see above) and complete. The form is to be notarized and sent to a NCCU Branch along with notarized copies of your birth certificate (or other documents which confirms your date of birth), a valid picture identification and a deposit.
The MRA Gold is not a life insurance policy. It does not require members to save regularly and will not lapse.
Deposit up to $1000 monthly Members residing overseas can send deposits by personal cheque, bank draft, international money order or JN Money Transfer.
Click here for information on transferring funds! WithdrawalsNO Withdrawals are allowed until the account matures at age 70
The MRA Gold can be pledged as collateral against a loan at NCCU or elsewhere, to the extent of the cash value at the date of pledging.
See below how much you can set aside by starting to save early for your retirement.
Columns A assumes $200, Columns B $500 and Columns C $1000 contributed monthly at a rate of 4% per annum. For illustrative purposes only. Actual balances may vary.
A – ESTIMATED FUND BALANCE AT 70
| 60 | $24,000.00 | $29439.00 |
| 65 | $12000.00 | $13281.00 |
B – ESTIMATED FUND BALANCE AT 70
| 60 | $60000.00 | $73597.00 |
| 65 | $30000.00 | $33202.00 |
C – ESTIMATED FUND BALANCE AT 70
| 60 | $120,000.00 | $147,195.00 |
| 65 | $60000.00 | $66404.00 |
Note: The MRA Gold account closes on Member’s 70th birthday.
: 255-2172
: 255-2126
: 255-2226
: 255-2215
: 255-2256
: 255-2245
: 255-2244
: 255-2246
: 255-2241
: 255-2264
: 255-2272
