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
Scholarships
Trevor Browne Educational Scholarship Award
Within the Credit Union we believe that the Youth is our future. We provide strong support to youth activities at various schools. In 2014 we rebranded the Educational Scholarship Programme as the Trevor Browne Educational Scholarship. Mr. Trevor Browne was a founding member and the first President of our Credit Union. He was also the first President of The Co-operators General Insurance Co Ltd and a past President of the Barbados Co-operative and Credit Union League Ltd. His contribution to the Credit Union movement is highly regarded. The scholarship which is named in his honour is intended to provide educational assistance to our members who are studying at the post-secondary school level.
Scholarship Requirements for 2025
Applications are invited for The Light and Power Employees Co-operative Credit Union Ltd.’s Trevor Browne Educational Scholarship. This scholarship is open to the members of The Light and Power Employees Co-op Credit Union Ltd.
The scholarship is for a period of one year and carries a maximum value up to BDS $4,500.00. All members in a course of study at any approved tertiary level educational institution may apply.
Application Requirements:
- Written essay of 500-750 words :
- Topic: What are the biggest financial challenges facing young people in Barbados today? How could our Credit Union provide solutions that make life easier, more affordable, and more empowering for students like you?
- Complete and submit scholarship application form before the state deadline
- 1 passport sized photograph
- Offer of acceptance or proof of continuation in a course at an approved tertiary level institution
- Most recent grade (GPA) slip or certificates awarded
Applications should reach The Light and Power Employees Co-op Credit Union Ltd no later than 12 September 2025 at 11:59 pm.
All applications should either be e-mailed to info@lpecu.bb OR placed in a sealed envelope and submitted to:
The Trevor Browne Educational Scholarship
The Light and Power Employees Co-op Credit Union Ltd Bush Hill, The Garrison, St Michael.
Tel: 431-1400
Terms & Conditions
1. Interested persons must provide proof of acceptance to pursue or continue the requisite course of study.
2. The amount would be up to a maximum of $4,500.00 for a period of 1 year only.
3. The scholarship applicant must be making monthly contributions to their account while maintaining a minimum balance of $250.00 for the preceding 12 months.
4. By submitting this application, the recipient agrees that The Light & Power Employees Cooperative Credit Union may use their photograph/image/sound clip for marketing, publicity or educational purposes.
5. Selection will be competitive and based on student’s academic performance, extra- curricular activities or volunteerism as well as the student’s expressed need for scholarship.
6. Incomplete or late applications will not be considered. All application must be submitted in person or electronically before 12th September at 11:59 p.m.
7. Previous scholarship winners are ineligible.
8. Essay submissions must be original work produced solely by the scholarship applicant. Plagiarisation and use of AI assistants will result in immediate disqualification.
Julie Alleyne Common Entrance Award
The Credit Union has made a decision to recognize our junior members who successfully complete the 11+ exam. The eligibility criteria is very simple. In the first instance the child has to be in account with the Credit Union for at least two years. Secondly, there must be evidence of positive savings habits. Parents and guardians have an obligation to assist us at the Credit Union with encouraging the young members to develop good savings habits from early. Very often we talk about wealth creation to achieve this. The seed must be sown early. There can be no better place to start than with your Credit Union.
In 2014, the Common Entrance Award was re-branded as the Julie Alleyne Common Entrance Award in recognition of her role as the first Manager of this Credit Union.
All active junior members transitioning from primary to secondary school are automatically selected for our awards ceremony at the start of the new school year. If you have an early sitter (9-10 years old) please let us know by sending an email to our member services team (memberservices@lpecu.bb) with their member number, name and new school they will be attending.
