The Credit Union Movement in Barbados is governed by:
The Co-operative Societies Act Chapter 378 A of the Laws of Barbados; and
The Co-operative Societies Regulations 1993.
Each individual Credit Union also has its own By-Laws and Loan Policy.
The Government Ministry responsible for Credit Unions is The Ministry of Commerce, Consumer Affairs & Business Development.
The Co-operative Department in the Ministry of Commerce, Consumer Affairs & Business Development; is headed by a Registrar who is responsible for Credit Unions & Friendly Societies.
The National Umbrella Association for Credit Unions is The Barbados Co-operative & Credit Union League Limited.
The Regional Association for Credit Unions in the West Indies is The Caribbean Conference of Credit Unions.
The World Association of Credit Unions is The World Council of Credit Unions.