Further Update Notice – Progressive Co-operative Credit Union Limited Member Payout (October 11, 2026)
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Phone: +1 (246) 421 2142
Email: a:6:{i:0;s:15:"info@fsc.gov.bb";i:1;s:23:"creditunions@fsc.gov.bb";i:2;s:20:"insurance@fsc.gov.bb";i:3;s:19:"pensions@fsc.gov.bb";i:4;s:21:"securities@fsc.gov.bb";i:5;s:33:"registration.licensing@fsc.gov.bb";}
2026 11 Oct
Further Update on Progressive Co-operative Credit Union Limited Member Payout Process
Were you a member of Progressive Co-operative Credit Union Limited?
The Financial Services Commission has issued a further update on the member payout process following the cancellation of the credit union’s registration and its subsequent winding up.
To date, 112 of the 261 affected members have initiated the payout process. The expiry of the deadline stated in the Notice of Payout dated March 13, 2026 does not prevent eligible members who have not yet responded from contacting the Commission.
Executors and personal representatives of deceased members are reminded that appropriate legal documentation, such as an Order for Grant of Probate or Letters of Administration, is required to support claims.
Members who wish to arrange their payout may contact Lisa Sealy at lsealy@fsc.gov.bb or call (246) 421-2142. Details may also be submitted through the online form on this website. At least one form of valid identification and banking details are required, along with certified probate or testamentary letters for claims on behalf of deceased members.
The full notice is available below.
