A bold and necessary beginning.
The Jamaica Civil Service Mutual Thrift Society Ltd., ‘The Thrift’, as it is popularly called, is a product of the harsh economic realities, poor wages and horrendous working conditions which confronted public sector employees in the 1930s. It came into being and was registered on October 17, 1939 with 156 members.
From humble beginnings, ‘The Thrift’ has blazed an enviable trail over the past 8 decades while remaining faithful to its mission of fostering thrift, responsible borrowing and serving the financial needs of members. Today, ‘The Thrift’ stands as a respected financial services institution dedicated to helping public sector workers and government pensioners realise their financial goals.
‘The Thrift’ boasts a history of solid financial performance.
Over its almost 8 decades, all the financial indicators of ‘The Thrift’ – Share Capital, Investments, Loans to Members, Interest Income, Expenditure, and Surplus have consistently been positive. In fact, ‘The Thrift’ has been able to pay dividends to members every single year since it was established in 1939.
This track-record of solid financial performance, prudent management and excellent reputation bolstered by the confidence and trust of our members is essential to our sustainable success and long-term positive development.
Indeed, ‘The Thrift’ is one institution in which you, as a member, can feel assured that your affairs and hard earned savings are safe and secure with us. We are here for you and to serve you!
To provide exceptional financial services for our growing membership through improved customer service in a technology driven environment.
A vision of growth in thrift among our Members.
Our Offering To Members
“The Society is committed to satisfying the savings and responsible borrowing needs of its members. We offer a diverse range of products and services to satisfy their changing need”
