Important Weather Announcement
We wish to advise our members that the credit union will be closed on Monday July 1st, due to Hurricane Beryl. We will advise on the reopening of the credit union after the all clear has been given and the assessment of the office has been completed.
Please monitor our social media pages such as Facebook, Instagram and our Website at www.lpecu.bb for updates.
We apologize for any inconvenience caused. Please stay safe during the passing of this hurricane.
Light and Power Employees Co-operative Credit Union Ltd- Committed to Total Member Satisfaction
LEAP Junior Savings Challenge
The LEAP Junior Savings Challenge is designed to help your child Learn, Earn, and Progress by developing smart financial habits with LPECU. Junior members (ages 5-17 years old) are encouraged to save $50 per month, earning points for every dollar saved. Bonus points can be earned by sharing creative saving tips on social media or referring new members. Top savers and creative participants can win amazing monthly prizes and vouchers, while the grand prize—a smart device and cash savings—will be announced on 15th May 2025.
BONUS POINTS – participants can gain extra points by referring new junior members. For each successful junior member referral you can earn $5 BDS per person. Your name and member number are required when the new applicant is submitting their application.
If you are a Junior Saver with LPECCUL you can register Now!
Challenge Details
The NEW Junior Savers challenge runs from 1st November, 2024 – 30th April, 2025 and is open to active Junior Members of LPECCUL.
Junior Savers are challenged to:
1. Deposit a minimum of $50 BDS per month
2. Maintain six (6) months of continuous savings
3. Participate in at least one (1) LEAP e-Workshop
4. Submit three (3) creative ways to save and budget
5. Open a Junior Savers a/c before 31st October, 2024
5. Encourage others to join the $avings Challenge!
Challenge Prizes
Check out the amazing prizes up for grabs:
Monthly Prizes: (November, 2024 – March, 2025)
Each month during our challenge, participants will have a chance to win credit union cash, gift baskets or passes to local experiences and events.
Grand Prize: (Draw Date: May 15th, 2025)
Our Grand Prize includes a smart device, a family hotel staycation and Credit Union cash!
Challenge Rules and Conditions
PLEASE READ RULES BEFORE REGISTERING
- This contest is open to all junior members of the LPECCUL registered on or before 31st October 2024.
- All participants must 5 – 17 years old the time of contest registration to be eligible.
- Registration opens October 31st 2024 at 5pm (-4GMT)
- This contest runs from November 1st, 2024, and ends on April 30th, 2025 at 5:00 p.m. (-4GMT)
- Participants must consecutively save $50 BDS per month during the campaign period
- New LPECCUL Junior members must be under 18, accompanied by a parent/guardian with ID, and open their account with a $100 deposit.
- Three (3) creative ideas on saving/budgeting must be submitted to leap@lpecu.bb, included the Name and Member number of participant
- Prizes are non-transferable and cannot be exchanged for cash.
- All decisions made by LPECCUL regarding the campaign are finalN
Challenge Registration Form
If you cannot view the registration form below please click HERE
Registration opens October 31st 2024 at 5pm (-4GMT)
Learning with LEAP
The LEAP Programme (Learn, Earn and Progress) is designed to equip young members with essential financial knowledge and skills to help them manage money, understand credit union services, and develop sustainable financial habits.
By the end of the LEAP Financial Literacy Programme, junior members will:
- Understand basic financial terms like saving, budgeting, and interest.
- Develop practical skills in budgeting, managing money, and setting financial goals.
- Gain awareness of credit union services and how they help individuals and communities.
- Be introduced to the concept of youth investing and sustainable finance.
- Feel empowered to make informed, responsible financial decisions.
The LEAP Programme is designed to light the path toward financial empowerment, ensuring that the next generation is equipped to manage their finances and contribute to their community’s well-being with confidence and care.
Apply for a Junior Savers Account
The Junior Savers account is perfect for children and teenagers under 18 years old, teaching them the value of saving from an early age. With fun incentives and digital guides designed for young savers, we make saving exciting and educational. Our experienced Member Services Officers can work with parents and children alike to set up the account and explain how saving works, ensuring that the next generation grows up with strong financial habits and a clear understanding of how to manage their money.
Here are some benefits of our Junior Savers accounts:
- NO FEES are charged to these accounts
- NO MINIMUM balance required
- Attractive and competitive interest rates
- Exclusive rewards – scholarships and awards
- Access to free educational events and activities
- Instill early financial literacy
- Qualify for the Co-Op Med ADVANTAGE plan
- Can be used as a School/College savings fund
