• ​  Our Organisation

  Barbados Public Workers’ Co‐operative Credit Union Limited (BPWCCUL) is Barbados’ leading credit union—one of the largest in the English‐speaking Caribbean—and is the largest indigenous financial services institution in Barbados.  It was established in May 1970.

• ​  Our Branches

  BPWCCUL operates four branches in Barbados: -

  • Belmont Road, St. Michael: This is the location of the organisation’s
    headquarters where several of the main offices can be found.
  • Broad Street, Bridgetown, St. Michael
  • Six Roads, St. Philip
  • Black Rock, St. Michael

• ​  Our Background

  In 1968, members of the Civil Service Association Trade Union (which represented the majority of civil servants in Barbados) made an application and were granted permission to form a Savings Society.  By 1969 the objective of the executive of this Society was to have it registered as a Credit Union.  On May 6th, 1970 the Barbados Civil Service Association Credit Union Limited (as we were then known) was registered.

  In 1977, in order to broaden its bond of membership, the name was changed to Barbados Public Workers' Co-operative Credit Union Limited (BPWCCUL).  This bond would now allow the inclusion of former civil servants, staff of statutory boards, husbands, wives and children of members as well as employees of the National Union of Public Workers.

  Today BPWCCUL membership is open to all citizens and residents of Barbados as well as to Barbadians in the Diaspora.

Where we are today:

BPWCCUL’s principal activities are the provision of savings and credit financing services provided under co-operative principles.  It offers its members a wide range of financial products and services including: consumer loans; mortgages; revolving lines of credit; savings accounts, term deposits and investment plans; retirement savings plans; in-house legal services; telephone, ATM, internet and mobile banking; and financial education & advice.

In August 2010, BPWCCUL acquired the company now known as Capita Financial Services Inc.  Capita Financial Services Inc. operates as a wholly-owned subsidiary of BPWCCUL with offices in Barbados and St. Lucia.

At March 31, 2015, BPWCCUL held assets in excess of BDS $930 million and served over 73,000 members.  For more information on our financials please click here.

Organisation Profile

The organisational profile will help you to understand BPWCCUL: who we are, the way we do business and what makes us different from other financial institutions.

 Barbados Public Workers’ Co‐operative Credit Union Limited’s (BPWCCUL) main focus is the improvement of the quality of life for its members and surrounding community.  Over time several initiatives have been established in an effort to accomplish this goal.  The Thrift Club was developed as a savings society for the youth and as a method to teach children about financial prudence.  With a focus on financial education, the organisation hosts educational seminars several times throughout the year and also operates a Financial Education Unit which is free of cost to its members.  Education is a top priority for the organisation and members have the opportunity to access educational grants, scholarships and academic awards.

 In addition to its four locations, BPWCCUL also has an extensive ATM network including Carifs access.  Members have 24 hour access to their accounts through the organisation’s mobile app or online banking website.  There are numerous no-fee services such as online bill payment, e-Statements and SurePay deposits and loan payments.  Members can also access legal services such as wills and powers of attorney.

 BPWCCUL members can rest assured that they are contributing to the development of their community and country.  Their investments into the growth of BPWCCUL help to improve and advance the quality of life for all Barbadians.

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