ActCredit Unions
Credit Unions
Co-operative credit unions registered under the Co-operative Societies Act.
Registration
Credit unions in Nevis are registered under the Co-operative Societies Act (Ch 21.04) and supervised by the Commission.
The Application Form for Registration of a Credit Union is obtained from the Commission. Contact the Commission before applying to confirm the current form and the supporting documents required.
Fees
| Total assets | Application fee, non-refundable (USD) | Annual registration fee (USD) |
|---|---|---|
| Less than 20,000,000 | 3,500.00 | 5,000.00 |
| Between 20,000,000 and 40,000,000 | 3,500.00 | 7,500.00 |
| Greater than 40,000,000 | 3,500.00 | 10,000.00 |
Fees are indicative; confirm current fees with the Commission before applying.
Registered Credit Unions
- FND Co-operative Credit Union
- Nevis Co-operative Credit Union
- Police Co-operative Credit Union
- St. Kitts Co-operative Credit Union
Legislation
The Act under which credit unions are registered.