About Us

It’s where you belong!

We’re a member-owned, not-for profit financial cooperative serving salaried workers throughout Grenada, Carriacou and Petite Martinique. With five branches island-wide, you can expect that your convenience and satisfaction are our priority.

Owned and operated by Grenadians, GUTCU has remained committed to promoting financial literacy and giving back to the local community. Surplus earned is returned to members through dividends, competitive rates on savings and loans and reinvested in programmes that contribute to nation-building.

Vision and Mission

Our vision is to be the financial institution of choice for members.

We are committed to living our mission: to provide the best possible service to members while meeting their primary financial needs as measured by achieving the highest standards in benefits and membership satisfaction.

Core values

  • Commitment and Teamwork
  • Honesty and Integrity
  • An environment where innovation is encouraged and recognized
  • A commitment to continuously doing things better
  • Taking pride in outstanding performance
  • Provide first class service to our members
  • Fulfilment of our responsibility to the environment in which we operate

History & Present

The G.U.T. Credit Union began as the brainchild of Denise De Coteau who, in 1977, thought it necessary for teachers to have a financial cooperative.

However, it was not until April 3rd 1983, after months of diligent and untiring efforts in framing, reframing, refining and redefining policies and by-laws that the credit union was finally registered. Mr. Thaddeus Mc Ewen was elected as the first president of the credit union.

It is worthy to note that 1983 was a critical and pivotal period in the history of Grenada. Therefore the birthing of a financial organization at that time was indeed a tremendous challenge.

The G.U.T Co-operative Credit Union Ltd, initially formed to serve teachers, opened its bond on 15th April, 2004 to include salaried members of the general public. The GUTCU has since welcomed Police and GCNA Credit Unions as part of its expanded family.

Today, we have assets of over $120 million and our membership has grown to more than 9,000.

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