What is the TCU Head Start Loan
This loan is designed to assist all NEW Tranquillity Credit Union (TCU) members with a start on their financial journeys. Whether you have an existing need (be it travel, education, small business goals) or would like to start building and establishing your credit and savings pattern; this is the loan for you!
The maximum amount financed is Thirty Thousand dollars (TTD$30,000), of which Ten Thousand (TTD$10,000) will be placed on your share account as collateral and the other Twenty Thousand TTD $20,000 will be disbursed to you, the member for any purpose!
Disbursement Guidelines
A minimum of $5000 will transferred to your NEW TCU Visa Debit Card, which can be used at the point of sale and the balance of funds may be disbursed via:
- Cash
- Premium Deposit Account where you may use the E-banking platform to facilitate third-party transfers, bill payments or further card deposits.
