Requirements to apply for membership:

  • Membership of the Co-operative is open to all full-time permanent employees of SPH Media Trust Group and its subsidiary companies;
  • Be 16 years of age or above;
  • Be citizens of or residents in Singapore;
  • Be of good character;
  • Not already be a member of any other credit society whose primary object is to grant loans to its members;
  • Not be undischarged bankrupt; and
  • Not be convicted of an offence punishable with imprisonment.



  • Application for membership shall be submitted on-line or in a form prescribed by the Committee.
  • Upon termination of membership, new membership application will be allowed only after one year.
  • Admission to membership shall be subject to consideration and approval by the Committee of Management.


Mode of Payments

  • All new members must pay a one-time non-refundable entrance fee of $5 /-.
  • Every member can save minimum $10.00, and the maximum shall not exceed 25% of basic salary or $750/- whichever is lower per month. Application required to be submitted with recent salary slip, otherwise application will NOT be processed.
  • All monthly payments due to the Co-operative by members shall be recoverable by deduction from the monthly salary through their respective employers who shall forward all sums deducted to the Co-operative.