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Opening an Account

Checklist of items and information needed for opening accounts.

To complete a Membership Card and open this core account that establishes your membership in RCCU, you will need:

  • Valid photo identification – Social Security Card or Passport .
  • Birth certificate for adults without a photo identification
  •  Initial Deposit-- minimum of EC $70.00 (Minimum Deposit - $50.00, Entrance Fee - $10.00, Passbook - $3.00, Rules Book- $7.00)

A parent or guardian applies to open and operate the account on the child’s behalf. Here’s what you will need to bring along.

  • Valid photo identification – Social Security Card or passport for adults
  • Birth certificate for child
  • Guardians – bring in documentation confirming you are the child’s guardian.
  • Initial Deposit. A minimum of EC $18.00 (Minimum Deposit - $5.00, Entrance Fee $10.00, Passbook - $3.00)

Registered Co-operatives and Businesses

  • Certificate of Incorporation or
  • Certificate of Registration or Registration of Business Name
  • Initial Deposit of at least $18.00 for Business Deposit accounts (Minimum Deposit - $5.00, Entrance Fee $10.00, Passbook - $3.00)
  • Three persons who have been appointed as signatories to provide specimen signatures(to be provided at the offices)
  • Verifiable photo identification for signatories eg. -Social Security Card or passport

Organisations, Service Clubs, Schools, Churches, Credit Unionettes

  • Letter or Resolution from the Executive authorising opening of the account  and naming three members to sign on the group’s behalf
  • Specimen signatures of the signatories (to be provided at the offices)
  • Verifiable photo identification for signatories – Social Security Card or passport
  • Initial Deposit of at least $18.00 for deposit accounts (Minimum Deposit - $5.00, Entrance Fee $10.00, Passbook - $3.00)

Take Note:
1. A Business Deposit Account is a prerequisite for a Business Chequing (Current) Account. Open both at the same time.
2. Changes to instructions for operating accounts of companies, co-operatives and organisations must be in writing to RCCU.

  • Birth Certificate, Social Security Card or Passport

Note: All members/depositors are required to complete a Declaration of Source of Funds (DSF) form for ALL deposits of $10,000 and over, or on any lesser amount as determined by the Credit Union.