- info@barteachcredit.com
- (246) 426-3657
Membership
Become a Member of BTCCUL
Join the Barbados Teachers’ Co-operative Credit Union Limited (BTCCUL) and experience the benefits of being part of a vibrant financial community that welcomes everyone. Whether you’re a teacher, connected to the education sector, or simply seeking a trusted financial partner, BTCCUL is here to help you achieve your financial goals. With a commitment to inclusivity, we offer a wide range of benefits designed to support financial stability and growth for all our members.
- Enjoy low-interest rates on loans
- Maximize earnings on your savings
- Access expert financial guidance
Membership Benefits
Once you are a member and have saved continuously, you can apply for any loan and enjoy multiple benefits.
Loan Accessibility
Apply for a variety of loans, from personal to educational, and enjoy favourable terms and low interest rates.
Insurance Protection
Loans for members under 70 years of age are insured at no additional cost, providing peace of mind for you and your loved ones.
Savings Insurance
Shares up to $25,000 are insured, offering full coverage under certain conditions for members under 70 years of age.
Funeral Grant
Members' families may be eligible to receive a Funeral Grant, providing additional financial support during difficult times.
Requirements & Eligibility
To become a member of the Barbados Teachers’ Co-operative Credit Union Limited (BTCCUL), certain criteria must be met, and specific documents provided. Maintaining your membership is also key to enjoying the full range of benefits. Below is a detailed breakdown of what’s required.
Documents
- Two forms of Identification
- Trident ID
- Passport
- Driver’s License
- Birth Certificate
- Letter from Parent/Guardian
- Current Proof of Address
- Utility Bill
- Bank/Credit Union Statement
- Government Notices (Formal Letter)
- Evidence of Source of Income/Wealth
Eligibility
- Age: At least 18 years
- Be of sound mind and not bankrupt.
- Teachers, individuals connected to the education sector, or anyone seeking financial services with a trusted community.
- Existing members registered before current By-Laws.
- A body corporate may apply for membership, subject to approval by the membership and the Registrar.
Maintenance
- Save at least $50 monthly towards Shares.
- Hold a minimum of 10 shares.
- Maintain regular contributions to Shares, even when repaying loans.
- Regularly update your contact and personal information.
- Uphold all financial obligations to the Credit Union, ensuring no outstanding debts or overdue repayments.
“The John W. Lovell Building” Lower Collymore Rock St. Michael, Barbados, W.I.
Opening Hours: Mon – Fri 9:00am – 5:00pm
Tel. (246) 426-3657
Email. info@barteachcredit.com
