THIS year, five lucky members of the Guyana Public Service Cooperative Credit Union (GPSCCU) will walk away with $500,000 each, the first time ever the body is promoting such an event.

On Wednesday, Public Relations Officer (PRO) of the union, Paul Clarke, noted on the Guyana Chronicle’s midday programme, Vantage Point, that the winner will decide the purpose for spending the attractive prize. He said the promotion runs from November 20 until December 20.

The promotion targets persons whose salaries are less than $100,000 per month and whose accounts are in good standing.

Additionally, eligible members must hold at least five years’ membership, and must have taken loans from the credit union in the past. Employees of the credit union and their relatives are not eligible, Clarke said. Since it’s the very first promotion of its type being offered by the credit union, Clarke said that,” we are eagerly awaiting a response from our members.”

The GPSCCU is being managed by an interim management committee which was installed in May 2018.Thus far, the union has implemented several initiatives to attract more members.

Since its installation, over 1600 new members have been added to the credit union’s roster while a series of initiatives have taken effect to enhance the body’s development.