Membership to the Deposit Insurance Fund is easy. Membership is open to all Credit Unions in Trinidad and Tobago. However, certain financial standards must be satisfied. Credit Unions may apply for membership by writing to the Secretary of the Deposit Insurance and filling out the application form. The applicant Credit Union will then be subject to Financial Review of its operations over the three* financial years preceding the dated application.
The Board of Directors of the Deposit Insurance will assess the information when deciding on the application.
A Credit Union wishing to become a member of the TTCUDIF must satisfy the following requirements:-
Complete an application form
Satisfy the minimum* prudential standards
Membership is in two (2) categories: