Savings

You may be asking yourself “why do I need to save”? Saving ensures that you have an emergency fund to cover unexpected expenses, have the deposit and closing costs for a house, have the money or deposit to purchase a car, can pay for your children’s education or your future studies, are prepared for retirement or that you have the money to just enjoy life.

Congratulations to Velma Buckley

The Grand Prize Winner in the Financial Independence Dream Promotion.

Our 2015 Victoria Mutual Financial Independence Dream Promotion came to a close on April 1, 2016.

This follows five months from November 2015 to March 2016 of rewarding 33 Members monthly with valuable prizes for saving towards their financial goals. We do everything for our Members’ benefit and as such the prizes included furniture, appliances and electronics valued at up to J$200,000 including GCT to the top monthly winner, along with over 30 JPS, Courts and grocery gift vouchers valued at J$10,000 each to the remaining 32 monthly winners.

The top monthly prize for December was a little higher - J $1 million dollars towards a Home Deposit/Closing Cost or Home Makeover. St. Mary Hairdresser Claudette McLeod Bailey was that lucky Member who started the New Year with J$ 1 million and has indicated that she will use her prize for the home makeover of her dreams.

On April 8, 2016 we had the big finale with the selection of the grand prize winner for a $13 million home in the coveted Caymanas Club Estate. …and the winner was Ms Velma Buckley, a team member at the Private Security Regulation Authority.

The Victoria Mutual Team surprised Ms. Buckley with the news of her win and presented her with the keys for her brand new home as well as a tour of her house on April 18, 2016.

We wish to extend a big thank you to all our partners who made the promotion possible: New Era Homes 2000 Limited, Jamaica Public Service and Courts.

Click here to see highlights of the Victoria Mutual Team surprising Velma Buckley and Velma visiting her new home.

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