Savings and Investments

Grow Your Future with UECUL
At United Enterprise Credit Union Limited (UECUL), we believe that financial security starts with smart saving. Whether you’re setting aside funds for a rainy day, planning your child’s education, saving for a dream vacation, or building long-term wealth, our flexible and competitive savings and investment products are designed to help you reach your goals—your way.
As a member-owned cooperative, every dollar you save with us strengthens not only your future but also our entire UECUL community. Your savings earn interest and give you access to affordable credit when you need it most.
Our Savings & Investment Options
1. Regular Share Account (Primary Savings)
Your gateway to UECUL membership.
  • Minimum opening deposit: BBD $50.00 (Qualifying Shares)
  • Earn interest
  • Access to all UECUL services, including loans and financial advice
  • No monthly maintenance fees
2. Fixed-Term Deposits (Term Savings)
Lock in your savings for a set period and earn higher returns.
  • Terms available from 6 months to 3 years
  • Guaranteed interest rates—higher than regular savings
  • Ideal for goal-based saving with discipline
3. Special Purpose Savings Plans
Tailored accounts to help you save for life’s big moments:
  • Education Savings – Plan for tuition, books, and school fees
  • Holiday & Travel Savings – Set aside funds for vacations stress-free
  • Wedding Savings – Build your dream wedding fund
  • Emergency Fund – Create a safety net for unexpected expenses
Customize your plan with automatic transfers or standing orders to stay on track.
 
Why Save with UECUL?
✅ Member-First Philosophy – Profits are returned to you through interest, lower loan rates, and improved services.
✅ Flexible Access – Make deposits in person at our location upstairs Pearsons Pharmacy, Upper Collymore Rock, St. Michael, or via bank transfer.
✅ Financial Empowerment – Free financial literacy resources and personalized guidance to help you make informed decisions.
✅ Community Impact – Your savings support local lending and economic development in Barbados.
 
Start Saving Today
Opening a savings account with UECUL is quick, easy, and rewarding.
👉 Visit us upstairs Pearsons Pharmacy, Upper Collymore Rock, St. Michael
📞 Call us at 426-4267 / 248-0499 to speak with a savings advisor
📧 Email info@uecul.org for more information
Not a member yet? Join UECUL today and take the first step toward a more secure financial future.