Welcome
Welcome to the Holy Redeemer Credit Union! As a credit union, we are owned by our members to serve and benefit our member-owners. Now you have even more options, information, security and convenience for the many banking needs of you and your family. We will do whatever it takes to enhance the growth and development of our members’ financial well being.
Vision Statement
Together we will achieve economic stability for our member-owners by being the preferred choice for all financial services.
Mission Statement
To be the financial institution of choice, offering quality services and products delivered by qualified people with the right skills and passion, and providing value to member-owners, staff, and the community while adhering to the credit union philosophy.
Holy Redeemer Credit Union is committed to:
Keeping your money safe since 1944
HRCU began its journey in Belize City, in 1944 with a committment to superior service to its member-owners and 76 years later, the commitment to providing a high level of service for our members and in the community has not changed. In order to be able to report to its members that their monies are safe and secure at HRCU the credit union is audited on a monthly basis and the financial statements and related reports are inspected by the Supervisory Committee, the Internal Auditors and the Audit Committee, the External Auditors BDO Belize, LLP, and the regulators from the Central Bank of Belize (CBB).
Join HRCU and become a Member-Owner
With over 75 years of experience helping our members meet their financial needs and over 58,000 members strong, HRCU is ready to help you Own your future!Becoming a member is easy. However, you cannot be a member of another local credit union as stipulated by the Laws of Belize. To get started, simply stop by our office to complete the membership application form and open a Shares account with a minimum deposit of $35.00. There is a nominal fee of $1.00 to join which includes the Entrance Fee (25 cents) and Passbook Fee (75 cents).
Two valid government issued Identifications (Driver’s License, Passport, Social Security Card, Voter’s ID Card, or Birth Certificate), one with the member’s signature and a recent utility bill need to be presented at the time the account is opened.
A minimum balance of $100.00 must be maintained at all times
in order to enjoy the many benefits available to
member-owners. The member is also required to pay an annual
fee of $4.00 for League Dues and $30.00 for Funeral Benefit. The League Dues and
Funeral Benefit premium are automatically
collected from each member’s Shares account at the time the
Dividend is paid on May 1st. The member must make sure that the Shares balance
doesn't go below the minimum balance after the League Dues and Funeral Benefit
premium are collected. In order to enjoy all the
benefits the member’s account must be kept up to date!
Enjoy all the Benefits as a member-owner
Dividends on Shares and Savings – Dividends are paid annually on Shares and Savings on May 1st. Member-owners were paid an annual Dividend of 6.0% on balances up to $10,000.00 and 3.5% on remaining balances over $10,000.00 on their Shares and Savings Accounts in 2020.Loan Rebates – Loan Interest Rebate bonuses are paid annually on May 1st. In 2020 a rebate of 7.0% was paid to all loans that qualified.
Burial Scheme Benefits - The Burial Scheme Benefits comprise both the Loan Protection and Life Savings (LP/LS) and the Funeral Benefits (FB). HRCU provides the LP/LS FREE of cost to its member-owners. However, regarding LP/LS coverage, ONLY the member whose name appears first on the account is eligible for benefit coverage. The FB is provided at an annual cost of $30.00 to the member whose name appears first on the account (or $60.00 for Joint Accounts). The fee is payable each May 1st. However, regarding the FB, the first two names ONLY, on the account, if so desired, may be insured if the account is setup as Joint and providing that the annual fees payable are deducted for both names.
Henry Charles Usher Educational Grant Program
In honor of Henry Charles Usher's dedicated and outstanding service to the Holy Redeemer Credit Union Limited and the Credit Union Movement in Belize, HRCU on the occasion of it's 60th Anniversary Celebration in 2004 decided to award Educational Grants to deserving students in primary school, secondary school and tertiary level education, who are members or are offspring of members of HRCU. The program has given out more than four million dollars in the 20 years since its inception.Click on this link to start your Online Application Henry Charles Usher Education Grant 2024 Online Application. Online Application will be accepted from June 22, 2024 and will close on July 12, 2024.
To view the eligibility criteria for Educational Grant, click on HCU Educational Grant Eligibility 2024.
Welcome to HRCU Housing Community - Eagle JEM Estate
Welcome to Eagle JEM Estate - a Housing Project by the Holy Redeemer Credit Union.
Products and Services
Shares
Your first step in becoming a member-owner of HRCU is to open a Shares account.
Savings Accounts
HRCU offers a savings account that also earns dividends on the minimum quarterly balance.
Checking Accounts
Enjoy all the advantages of a Personal Checking Account once you have established membership at HRCU.
Special Deposit Accounts
SAVE TODAY! Meet your financial goals of tomorrow while you earn higher interest rates on Special Deposit Accounts and Fixed Deposit Accounts.
Personal Loans
Make your dreams come true with a HRCU personal loan. Be it a dream holiday or emergency expenses. Check your eligibility for a personal loan.
Home Mortgage Loans
Turn your dream house into a reality with HRCU Residential Home Mortgage Loan. HRCU will help you get access to Home ownership faster.
Mortgage Secured Loans
Increase your borrowing Limit with a HRCU Mortgage Secured Loan using your property as collateral at an attractive interest rate.
ATM and Debit Cards
Use your ATM card at all Credit Unions and Heritage Bank ATM locations. Pay with your ATM card at select stores that use Heritage Bank POS devices.