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U.W.I. (Cave Hill) Co-operative Credit Union Ltd.
 


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A credit union is a non-profit cooperative financial institution. A cooperative is a business like any other business, but it belongs to the people who use it and operates only for the benefit of its members.

Credit unions are owned by the people who use them, and their stated purpose is to serve their members, not to make a profit.

A credit union is a safe place to save and borrow at reasonable rates. In essence, members pool their money to make loans to one another.

Because they’re not for profit, they can offer members things like higher interest rates on savings and lower interest rates on loans.

More About Credit Unions


IMPORTANT NOTICE FOR MEMBERS OF THE CREDIT UNION:

Members are encouraged to take advantage of the maximum tax allowance from income year 2007 of BDS$10,000.00. Please note that the investment in shares of the Credit Union must be held for a minimum period of five years.

The BY-LAWS of the Credit Union (pdf) re now available for download

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© 2003 - U.W.I. (Cave Hill) Cooperative Credit Union Ltd. All rights reserved.
Telephone: (246) 417-4524 / 4539 Fax: (246) 424-0662
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Last Updated: April 1, 2009