The Hindu Credit Union Co-operative Society Ltd and The HCU Financial Group of Companies - Who's Who in Trinidad and Tobago Business

Home > Industries > Banking, Investment and Financial Services > The Hindu Credit Union Co-operative Society Ltd and The HCU Financial Group of Companies

The Hindu Credit Union is today by far the largest people’s owned organization based in the Borough of Chaguanas.

With an asset base of over 1.7 billion dollars and a membership totaling over 200 thousand, the HCU has committed itself over the years towards building a socio-economic institution aimed at empowering the citizens of Trinidad and Tobago.

Now in its 22^nd year of operation, the Hindu Credit Union has expanded into other areas of business which traditionally credit unions felt were not part of their mandate.

The expansion of the Hindu Credit Union therefore, within the last ten years, saw the formation of the HCU Financial Group of Companies, a clear demonstration of the organization’s commitment towards nation-building.

Pioneering this achievement is the President of the Hindu Credit Union Mr.Harry Harnarine together with members of his corporate team and the Board of Directors.

Significant to this was the establishment of HCU Communications, operators of Radio Shakti 97.5 FM, Masala Radio 101.1 FM and the most widely read weekly newspaper in Trinidad and Tobago, The Probe.

The Hindu Credit Union also expanded into the insurance industry, with the acquisition of Bankers Insurance, again with its head office located in the Central Borough.

The food industry, both wholesale and retail, is also part of the HCU’s expansion drive which is done through the Credit Union Buyer’s Club.

Sajeevan Medical Complex is yet another fully owned subsidiary of the Hindu Credit Union which prides itself on providing quality health-care at an affordable price.

HCU World Select Gem Convention and Conference Centre located in Freeport is today the focal point for hosting conferences in Central Trinidad – fully air-conditioned and self-contained.

The HCU’s Institute for Higher Learning, located at Pierre Road in Felicity is pioneering education at all levels. Recently the institution underwent two successful reviews from the University of Middlesex and City and Guilds of the United Kingdom.

These are just some of the many subsidiaries which have acted as the catalyst towards the empowerment of the membership.

In the not to distant future the Hindu Credit Union and the HCU Financial Group of Companies will be pioneering new joint business partnerships: in areas such as oil and gas and automobile industry coming out of China – in other words from hereon in the organization will be operating around the theme of “Redefining how we do Business”.

The Hindu Credit Union and the HCU Financial Group of Companies – an institution built on strength, integrity and leadership.