LIVE UPDATES
Q2 2025 Dividend declared at 12% on all sharesLoan applications for June cycle now OPEN — deadline June 30 New share tranche: 5,000 units at ₦200/unitAGM 2026 held in April — minutes now available Emergency loan approval in 48 hoursMonthly savings due: last working day of month Q2 2025 Dividend declared at 12% on all sharesLoan applications for June cycle now OPEN — deadline June 30 New share tranche: 5,000 units at ₦200/unitAGM 2026 held in April — minutes now available Emergency loan approval in 48 hoursMonthly savings due: last working day of month
📧 info@trcncs.com.ng  |  📞 +234 800 TRCNCS  |  🕐 Mon–Fri 8am–4:30pm
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What We Offer

Our Services

Comprehensive financial products designed around the everyday realities of TRCN staff members.

Credit Products

Loan Products

Six distinct loan products to meet every financial need — from urgent emergencies to long-term housing.

Emergency Loan

Up to ₦200,000 disbursed within 48 hours on a reducing balance rate. Minimal documentation required.

Full details →
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Trade / Business Loan

Up to ₦400,000 at a flat annual rate to finance your business or commercial activities over 8 months.

Full details →
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Normal / Soft Loan

Up to 1× your savings balance (2× under review) at a flat annual rate over 36 months.

Full details →
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Long Term Loan

Up to ₦5,000,000 over 60 months for major financial goals and investments.

Full details →
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Mortgage Loan

Secure your family home with a mortgage loan repayable over up to 5 years at a competitive flat rate.

Full details →
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Investment / Contractor Loan

Open to members and non-members with active contracts. Tiered rates over 1–3 months with collateral.

Full details →
Compare All Loan Products →
Savings Products

Savings & Contributions

Three savings vehicles designed to grow your wealth systematically while maximising your loan eligibility.

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Monthly Savings

Regular salary deductions build your cooperative savings balance — the foundation of your loan eligibility. You choose your monthly amount at registration.

Special Contributions

A January–November structured savings cycle. You set the amount; the cooperative holds it and returns principal plus interest in November.

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Boost Savings

Reinvest your dividends, November payouts or make direct bulk payments to boost your savings balance and increase your future loan eligibility.

Investment

Shares & Dividends

Own a piece of the cooperative. Shares earn annual dividends declared by Congress at the AGM.

  • Every new member automatically receives 250 units of shares upon registration (₦6,250 deducted at source)
  • Additional shares may be purchased when the Executive Committee lists new tranches
  • Annual dividend declared at AGM and paid to all shareholding members
  • 2024 dividend rate: 18% on total share value
  • Share portfolio viewable in real-time via the Member Portal
  • Share certificates downloadable as official PDF from the portal
View My Share Portfolio →
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18%
2024 Annual Dividend on Shares
Example: 250 units × ₦250/unit × 18%
= ₦11,250 dividend
Welfare

Welfare & Benevolent Fund

When life brings hardship, TRCNCS stands with you. Our welfare and benevolent fund provides compassionate support.

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Illness Support

Financial assistance for members facing significant medical expenses not covered by NHIS or personal savings.

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Bereavement Support

Compassionate financial support to members who lose immediate family members, to help cover burial and related costs.

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Education Welfare

Support for members children in need of educational assistance. Contact the welfare committee for eligibility criteria.