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(opens in a new tab)Bermuda
(opens in a new tab)Bermuda Credit Union
(opens in a new tab) Back (opens in a new tab)Bermuda Credit Union
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Go to Website (opens in a new tab)About Bermuda Credit Union
Bermuda Credit Union (BCU) is a member‑owned, not‑for‑profit financial cooperative in Hamilton, Bermuda that offers a full range of savings, loan and financial services to people who live or work in Bermuda, with profits returned to members in the form of better rates and community‑focused services. Members are also part‑owners of the union and can vote on how it’s run.
Amount
BMD 1,000 - BMD 0
Tenor
6 - 60 months
Min. approval time
24 hrs
Countries
Created on
March 2026
Last updated
March 2026
Requirements
The basic requirements to apply for a loan on Bermuda Credit Union include:
- • Be 18 years or older.
- • Live or work in Bermuda.
- • Provide a valid government‑issued ID (e.g., Bermuda passport, driver’s licence, voter’s card or proof of residence/employment like a work permit).
- • Provide proof of address (e.g., utility bill or employer’s pay receipt).
- • Provide proof of income (e.g., recent pay slips or tax returns if self‑employed).
- • Pay the minimum membership deposit of around $57 (which includes permanent share purchase, minimum share balance and entrance fee).
- • Complete the membership application form and submit your documents.
How to Apply
To apply for a loan with Bermuda Credit Union, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
