Licensed Financial Institutions
Licensed Financial Entities
Licensed Credit Unions and Societies
Credit Unions, Building Societies, and Friendly Societies in St. Vincent and the Grenadines
St. Vincent and the Grenadines has a diverse financial landscape that includes various community-based financial institutions. Among these are building societies and friendly societies, which play crucial roles in providing financial services and support to local communities.
Licensed Friendly Societies
| Friendly Societies |
|---|
| Marriaqua United Friendly Society |
| The Brotherly Love Friendly Society |
| Lower Bay Progressive Friendly Society |
| Chateaubelair Olive Friendly Society |
| The People’s Successful Friendly Society |
| United Brethren Friendly Society |
| Canouan Perseverance Friendly Society |
| The Barrouallie/Layou Prudential Friendly Society |
| Buccament Wise and Prudent Friendly Society |
| Troumacca Temperance Friendly Society |
| Calliaqua Provident Friendly Society |
| The Chateaubeliar Prudent Friendly Society |
| St Patrick’s Friendly Society |
| New Testament Church of God Benefit Society |
These friendly societies contribute to the social fabric of St. Vincent and the Grenadines, offering financial support and community services to their members across various regions of the country.
Related Forms (Friendly Societies)
The Application form
The Personal Questionnaire (PQ) to be filled out by the Director
(a) There shall be a non-refundable registration fee of EC$300.00 payable upon registration.
(b) An annual renewal fee of EC$300.00 is payable by December 31st of each calendar year.
Please note that once a complete application is received (all relevant documents are filed and the application fee is paid) the processing time for the application is 3 to 4 weeks.
Credit Unions in St. Vincent and the Grenadines
| Credit Union Name |
|---|
| General Employees Cooperative Credit Union |
| Kingstown Cooperative Credit Union |
| Teachers Cooperative Credit Union |
| Police Cooperative Credit Union |
These credit unions play a vital role in the financial ecosystem of St. Vincent and the Grenadines, providing essential financial services to various sectors of the community, including government employees, teachers, and law enforcement personnel.
Related Forms (Credit Unions)
Guidance
Credit Union Investment Guidelines
Credit Union Nomination Guidelines
Share Capital Guidelines Credit Unions
Fees
Asset Size | Registration Renewal Fee |
$10,000,000 and less | 2,000.00 |
$10,000,001 – $20,000,000 | 2,500.00 |
$20,000,001 – $50,000,000 | 5,000.00 |
$50,000,001 – $75,000,000 | 7,500.00 |
$75,000,001 – $125,000,000 | 10,000.00 |
Over 125,000,000 | 12,500.00 |
Licensed Building Societies
| Building Societies |
|---|
| St. Vincent Building and loan Association |
Money Services Businesses in St. Vincent and the Grenadines
Western Union
| Agent | Location | Class |
|---|---|---|
| Grace Kennedy Money Services | Halifax Street, Kingstown and Arnos Vale | A |
Sub-Agents for Western Union
| Sub-Agent | Location |
|---|---|
| General Employees Cooperative Credit Union Ltd | Georgetown and South Rivers |
| Kingstown Cooperative Credit Union Ltd | Marriaqua and Kingstown |
| Teachers’ Cooperative Credit Union | Barrouallie |
Money Gram
| Agent | Location | Class |
|---|---|---|
| Caribbean World Travel Services-Going Places Travel | Kingstown, Georgetown and Bequia | A |
Sub-Agents for Going Places Travel
| Sub-Agent | Location |
|---|---|
| Bare Necessities | Canouan |
| Executive Tour Solutions | Union Island |
Massy Remittances Services (St. Vincent) Ltd.
| Agent | Location | Class |
|---|---|---|
| Massy Remittances Services (St. Vincent) Ltd. | Kingstown | A |
Sub-Agent for Massy Remittances Services (St. Vincent) Ltd.
| Sub-Agent | Location |
|---|---|
| Randy’s Diamond Ltd | Kingstown |