At the Credit Union, we do more than provide financial services—we live by values that put our members and community first. These values are rooted in the 7 Co-operative Principles, a shared foundation followed by credit unions and co-operatives around the world. Whether you’re a new member or have been with us for years, understanding these principles can help you see the true difference between a credit union and a traditional bank.

1. Voluntary and Open Membership

Credit unions are open to all who qualify—regardless of race, gender, income, or political affiliation. As long as you fall within our field of membership, you're welcome here. Membership is voluntary and based on a desire to be part of something meaningful.

2. Democratic Member Control

Each member has one vote, no matter how much money they have in their account. This ensures decisions reflect the will of the membership, not a few stakeholders. Our Annual General Meeting (AGM) is a perfect example of this in action—you elect our Board of Directors and vote on important matters.

3. Member Economic Participation

Members contribute to, and democratically control, the capital of the credit union. Any surplus we generate doesn’t go to outside shareholders—it’s either reinvested into services or returned to members as dividends.

4. Autonomy and Independence

Credit unions are independent, member-owned organizations. While we partner with other entities to better serve you, we always maintain our autonomy and integrity—guided by the members, not external shareholders.

5. Education, Training, and Information

We believe that an informed member is an empowered member. From youth financial literacy workshops to retirement planning sessions, we invest in your financial education. Whether you’re 8 or 80, we’re here to help you make smart money decisions.

6. Cooperation Among Co-operatives

Co-operatives strengthen one another by working together. We collaborate with other credit unions and local co-ops to improve our services, share knowledge, and amplify our impact. This spirit of teamwork ensures we grow stronger—together.

7. Concern for Community

We exist to support the financial well-being of our members and the community. Through sponsorships, donations, volunteering, and outreach programs, we give back where it matters most. When you become a member, you’re helping fuel scholarships, community events, and youth initiatives across the Cayman Islands.

These seven principles are more than just guidelines—they’re the DNA of the Credit Union Movement. They remind us why we exist: to serve people, not profit. So next time you deposit into your shares account or attend an AGM, know that you're doing more than banking. You’re participating in a global movement grounded in fairness, equity, and community.

That’s the Credit Union difference.