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Membership and Governance

At the Credit Union, membership means ownership. When you join, you're not just opening an account, you’re becoming part of a movement rooted in community, trust, and financial empowerment.

What is Membership

The Credit Union Difference

Becoming a member of the Credit Union means joining a community that puts people before profit. As a member, you're not just a customer, you’re an owner with a voice, a vote, and a stake in our collective success.

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Ownership: As a Credit Union member, you're more than just a customer, you’re an owner.
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Voting Rights: Members have the right to vote, attend the Annual General Meeting, and help shape the future by electing the Board of Directors and Committees.
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  • Elect: at an annual general meeting, the Board of Directors and members of the Credit and Supervisory Committees, and removing them in accordance with the Rules
  • Receiving reports on operations for the previous financial year, from the Board of Directors, the Treasurer and Auditor and the Supervisory and Credit Committees
  • Amend the Rules
  • Approve the distribution of surplus as declared by the Board of Directors
  • Call Special General Meetings, if necessary.
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Member-Focused Governance: The Credit Union is governed by its members, ensuring that decisions are made with your best interests in mind. This unique structure keeps the focus on people, not profits.

Member Rules and Annual Reports

Access important documents and policies that govern your membership and ensure transparency, security, and service excellence.

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Rules & Acts
Audited Financial Statements

Real Stories, Real Impact

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I have been a member of the Credit Union for more than 15 years. My parents created an account for me from the time I was a toddler, and it was the best thing they could have done for me financially. Due to my long-standing relationship with the...

Ravyn Rankin-Grant

Member-Owner

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When it came to purchasing my first property, my Credit Union was clearly the institution that I should go to. With an attractive low-interest rate of 6.50% per annum and the ability for me to earn dividends on my own contributions, I knew I was...

Jordan Grant

Member-Owner

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My name is Brooke Bodden, and I have been a member of the Credit Union for less than a year. As a young Caymanian who is under 18, Credit Union has allowed me to flourish by providing me with a young saver’s account, allowing me to securely receive...

Brooke Bodden

Member-Owner

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The Remarkable Excellence of Credit Union Staff" In the Cayman Islands, the Credit Union staff's efficiency and compassion are truly exceptional - Shirley Chambers, Janae McKenzie and Jeniece Powell. Just before the extended Easter weekend, I...

Tara Bush

Member-Owner

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I love that, unlike other banks that only charge fees that are way more than the interest given on one's savings, credit union gives dividends. Easy access to financial support, whether it be a vacation loan or a top-up, its easy to get help from a...

Weston

Member-Owner

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I enjoy lower loan interest rates and higher saving rates on savings and dividend returns. Our Credit Union holds a powerful and respectful presence on our Island and brings no reputational risk to the Islands. The Board of directors and faculty are...

Carmilee

Member-Owner

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I joined Credit Union in 2017 after receiving a grant to assist with my college expenses. I reopened a new account in 2022, saving while seeking to purchase property. Property inflation is overwhelming, and it's difficult for young Caymanians to...

Alexandra Mattocks

Member-Owner

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I can remember joining the Credit Union when l first came on August 25th 1996 to teach at Savannah. My girls had benefited re grants when they started University, and also during Hurricane Ivan. Assistance, encouragement, and a sure help re...

Audrey

Member-Owner

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I am a retired career Civil Servant, member of about 45years with my beloved Credit Union. It has encouraged me to save and borrow with much ease and minimal charges. When I go to the Credit Union, I feel at home and not like 'just a customer.' I...

Delvina

Member-Owner

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I love Credit Union because I get to save while paying my loan, I get paid dividends on my share account with returns higher than other banks, and I love that the online banking is so simple and user friendly.

Dwayne

Member-Owner

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I love our credit union because it always helps its members. Our credit union also helps us to save. And give you benefits that none of the commercial banks gives you.

Dwight

Member-Owner

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In a world of financial temptations, my Credit Union has become my trusted ally in the journey to save and secure my financial future. I consciously chose not to acquire a bank card to prevent impulsive spending. My Credit Union has become a symbol...

Eustache Placide

Member-Owner

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Thank you, Credit Union. You went above and beyond our expectations. Mrs. Angelita Small – You Help me, you help us. My son Kayden was about 4, turning 5 at the time. Had to be airlifted to Miami Baptist. We had 2 days to figure out where we would...

Elena Bazil

Member-Owner

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Because is the best corporation on the island, trusted and always work for the best for the customers I love credit union.

Gladys

Member-Owner

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The Credit Union has helped me save by allowing me to take full control of my salary. When I was banking with competitors, I didn’t value the money the way I do with CU. Now that I have two separate accounts, both Savings and Shares, it has taught...

Jada Elliott

Member-Owner

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I love Our Credit Union; I love it oh so much. The products and the service is the best it is top-notch. I love the friendly faces with smiles that know no ends, and when December comes I love the dividends, in a jam and need some urgent funds? I...

Janelle

Member-Owner

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Credit Union can get a lot of flack for the long lines and wait times, but I know first-hand that every time I enter into the building, I am always greeted warmly, and I am provided with excellent service. Credit Union enables me to be able to pay...

Jessica Pawlik

Member-Owner

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I love my Credit Union, because they are friendly, the process is efficient, and they are always thinking of ways to meet the needs of their members, and best of all they encourage you to save.

Jevoli

Member-Owner

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The love relationship I share with Credit Union from a customer's view is a very open-door family feeling. Credit Union can never be labelled as just any bank. It overshadows what other banks refuse to do. They work with you! I always feel at home,...

Jodene

Member-Owner

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Credit Union(CU) is the place to be! Three reasons why I love My Credit Union: Love the Staff- this is a triple complement- each time I walk through the doors I am kindly and pleasantly greeted by security, and I get to see familiar face all the...

Jodiann

Member-Owner

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Because of the staff. Every interaction is always pleasant, polite and friendly. They always know the answers to any questions and in the past had gone the extra mile to assist even when it wasn't expected. The truest form of Cayman Kind.

Kayla

Member-Owner

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Staff are very reliable and helpful. I always get a quick response regarding any need or application I submit. I love credit union because I never had a bad experience and the customer service team is very helpful and responsible toward customers.

Michelle

Member-Owner

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Credit Union will at all times do everything possible to help or assist members with any issues faced with. They are very efficient, reliable, quick with their responses and caring. They find and create different ways for members to get the help...

Paulette

Member-Owner

Board & Committee Nominations

Our Credit Union is seeking passionate, committed, and experienced members to join our Board of Directors and Committees. This is your opportunity to contribute to the purpose of our Credit Union, to improve members’ quality of life by providing easier access to financial services and to the growth and success of our community. If you or anyone you know is interested in making a positive difference, submit your nomination today. Before submitting your nomination, we highly recommend that you to read the following information:

Why Join our Board or Committees ?

Nomination process

Board & Committee Nominations FAQs

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No, only Credit Union members can nominate another Credit Union member, with their consent.
Yes, you can return to the form prior to final submission by entering your login credentials used to access the online application form. However, you will not be allowed to make changes once the form has been submitted.
While experience is preferred, we value dedication, community spirit, and a willingness to learn.
Plese read the board or committee operating manuals attached.
Yes, both nominators and nominees must be in good standing with the Credit Union in order to be eligible.
No, Nominees need to be a member of the Credit Union in good standing as defined in our Rules, for at least 12 months.
No, it is a requirement. Please read Board or Committee operational manual.