Become a Member

Become a Member

Would you like to become a member of United Enterprise Credit Union Ltd and take control of your financial future? When you’re a member of United Enterprise Credit Union Ltd, you are our first priority. We continue to invest our profits into convenient products, competitive loan rates, and higher deposit returns that benefit you.
You can apply for membership online at your convenience — it takes just a few minutes!

Membership Eligibility

1. Every member of the Society shall be:
   1. an employee of Goddard Enterprises Limited, its subsidiaries or associated companies, or employees of former qualifying organizations;
   2. the spouse, child, or a relative (mother, father, brother, sister, aunt, or uncle) of a member qualifying in accordance with (a) above;
   3. an employee of the Credit Union;
   4. an existing bona fide member; or
   5. a person recommended for membership by any two members in good financial standing.
2. An individual who has not yet attained the age of sixteen (16) years may be admitted as a member subject to Section 82A of the Act.
3. Where a member under sixteen (16) years of age is required to execute any instrument or give any receipt, such action must be done by their parent or guardian.
4. In accordance with Section 82(3) of the Act, a body corporate may be a member of the Society subject to the approval of the Registrar.

FATCA and CRS Obligations

In keeping with international tax compliance standards, all applicants must comply with the requirements of the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS).
This ensures that United Enterprise Credit Union Ltd meets its obligations to the Barbados Revenue Authority (BRA) and other tax authorities under applicable laws.
All prospective members are required to complete and submit the FATCA/CRS Self-Certification Form – Individual as part of the membership application process.

This form collects important information such as:

• Jurisdiction(s) of tax residence
• Tax Identification Number (TIN) for each jurisdiction
• Declaration of U.S. tax status (where applicable)

If you are completing the application on behalf of another individual (for example, a minor or under Power of Attorney), you must indicate your capacity on the form and provide the necessary supporting documentation.
The completed form remains valid unless there is a change in your tax residency status or other relevant information. In such cases, you are required to notify the Credit Union within fourteen (14) calendar days and submit an updated Self-Certification Form.
📄 Download Form: FATCA/CRS Self-Certification Form – Individual

How to Get Started

To become a member, simply visit our office and present the following:

• A completed Membership Application Form
• Two (2) forms of valid photo identification (National ID, Passport, or Driver’s License)
• Proof of current home address (recent utility bill, landline bill, or bank statement in your name — acceptable providers include BWA, BL&P, NPC, Flow, Digicel, Courts, Massy, and Payce Digital)
• The completed FATCA/CRS Self-Certification Form – Individual
• A minimum opening deposit of BDS $60.00 (Entrance Fee $10.00 + Qualifying Shares $50.00)

If you are already a member of another Credit Union, written permission must be obtained from that Credit Union before joining United Enterprise Credit Union Ltd.