The Co-operative Credit Union League of Trinidad & Tobago

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FAQ

What are the seven (7) Co-operative Principles?

  1. Voluntary and Open membership

  2. Democratic Member Control

  3. Member Economic Participation

  4. Autonomy and Independence

  5. Education, Training and Information

  6. Co-operation among Co-operatives

  7. Concern for Community

What is a Credit Union?

A credit union is a member-owned, not for profit co-operative financial institution formed to permit those in the field of membership specified in its charter to pool their savings, lend them to one another and own the organization where they save, borrow and obtain related financial services. MEMBERS ARE UNITED BY A COMMON BOND

Who can join a Credit Union?

All persons (company based or community based) can join a Credit Union.

Which organization is the National Parent Body for Credit Unions in T & T?

The Co-operative Credit Union League of Trinidad & Tobago.


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