Community First Co-operative Credit Union review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Community First Co-operative Credit Union suits members who want savings they can reach at any time rather than money tied to a term, and it pays a variable rate of 2% on an easy-access balance. Joining the credit union comes first, so the account only opens once you are a member.
Key facts
- Best for
- Members who want savings they can draw on at any time without serving a term.
- Headline rate
- 2%↗
- Rate type
- Variable↗
- Minimum deposit
- EC$225↗
- Access terms
- Available to members; funds always accessible to the member↗
- Account kind
- Easy access↗
- Legal entity
- Community First Co-operative Credit Union Ltd.↗
- Headquarters
- Antigua and Barbuda↗
- Founded
- 1959↗
- Support channels
- Email, Phone, Help-centre↗
- Official website
- cfccuonline.com
Everyday accounts
- Audience
- Expats, Business, Students
- Features
- Joint account
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- facebook.com
Pros and cons
Pros
- Funds are always accessible to the member, so the balance can cover an emergency without waiting out a period.
- A variable rate of 2% on an easy-access balance, with no term to serve or renew.
- Support runs on email, phone and help centre, giving members a phone line, an email route and a help centre.
Cons
- A headline rate of 2% against a site median of 3%, so the return is modest for savings.
- A minimum deposit of XCD 225 is needed to open the account, which is a hurdle for a first saver.
Who it suits
- Members in the home market who want an easy-access balance for everyday money rather than a fixed deposit.
- Expats, business owners and students, the audiences expats, business and student the credit union works with.
Who should look elsewhere
- Anyone chasing a higher headline number, since Plazo ES lists 24.19% and AXI Card 21.59% against this credit union's 2%.
- People who will not join a credit union, who can open an account at PayPal Colombia without that step.
Rates and card terms
The savings product pays a variable rate of 2%. Variable means the figure is not locked away, so the credit union can change what it pays and today's return is not a promise about the same balance later. There is no set period to serve and nothing to renew, which suits money that may be wanted back at short notice.
The company behind it
The legal entity is Community First Co-operative Credit Union Ltd., trading since 1959 and based in Antigua and Barbuda, where it is supervised by the Financial Services Regulatory Commission. Support runs on email, phone and help centre, so a member can speak to someone by phone, put a question in writing by email, or read the help centre at their own pace.
How Community First Co-operative Credit Union compares
9.4 vs 8.6
9.4 vs 9.5
9.4 vs 8.0
9.4 vs 8.9
9.4 vs 8.9
9.4 vs 9.1
9.4 vs 9.1
9.4 vs 8.9
9.4 vs 8.7- 9.4 vs 8.0
9.4 vs 9.0
9.4 vs 8.1
9.4 vs 8.7
9.4 vs 8.0
9.4 vs 9.5
9.4 vs 9.4
9.4 vs 9.3
9.4 vs 9.2
9.4 vs 9.0
9.4 vs 8.7
9.4 vs 8.5
9.4 vs 8.5
9.4 vs 8.5
9.4 vs 8.4
9.4 vs 8.3
9.4 vs 9.0
Where Community First Co-operative Credit Union is available
- Available
- Antigua and Barbuda
- Licence in Antigua and Barbuda
- Financial Services Regulatory Commission (FSRC), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What rate do I get on the savings account?+
The account pays a variable rate of 2%. Because the rate is variable rather than fixed, the credit union can change what it pays and the figure is not held for a set period. The balance stays easy-access, so the return is not tied to a notice period.
Can I withdraw my savings whenever I want?+
Yes, funds are always accessible to the member, so the balance is there when it is needed. The account kind is easy access, which means there is no notice period to serve and no term to run before a withdrawal. Savings stay put rather than moving to a fixed product at renewal.
How much do I need to open the account?+
The minimum deposit is XCD 225, and that is the balance needed to open the savings account. The site median minimum deposit is €0.11, so this sits above the middle of the market and a first saver needs to set aside a real sum before the account starts earning.
Who can open an account?+
Membership comes first, because the savings account runs alongside the credit union's membership. The audiences named are expats, business and student, so expats, business owners and students are all groups it works with. The legal entity is Community First Co-operative Credit Union Ltd., a co-operative rather than a bank.
Who regulates this credit union?+
It is based in Antigua and Barbuda and supervised there by the Financial Services Regulatory Commission, the regulator recorded for the brand. The legal entity is Community First Co-operative Credit Union Ltd., a co-operative credit union, so the membership and the savings account sit with the same organisation.
How do I get help with the account?+
Support runs on email, phone and help centre. A member can pick up the phone and speak to someone, send a question by email, or read through the help centre in their own time. The same channels cover the savings account and general membership questions, and the credit union has served members since 1959.
Sources
- cfccuonline.com checked September 26, 2026
Backs: Headquarters
“Headquarters Old Parham Road P.O. Box 1632 St. John's, Antigua”
- cfccuonline.com/become-a-member checked September 26, 2026
Backs: Audience, Features
“### Individuals Overseas ... #### Sole Proprietors ... #### Incorporated Business ... Please note for students who reside with parents”
- cfccuonline.com/faq checked September 26, 2026
Backs: Minimum deposit, Support channels
“What are the requirements to open an Adult Account? ... Opening Deposit of E.C.$225.00”
- cfccuonline.com/savings-products checked September 26, 2026
Backs: Account kind, Headline rate, Rate type
“Regular Savings Accounts - Available to members. Receive 2% interest annually.”
- cfccuonline.com/service/personal-accounts checked September 26, 2026
Backs: Access terms
“Deposits - Funds in this account are always accessible to the member.”
- cfccuonline.com/who-we-are-overview checked September 26, 2026
Backs: Founded, Legal entity, Licences
“was established in April 1959 to provide teachers and their families with a reliable financial institution”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term, Deposit protection.
Related by the facts
Community First Co-operative Credit Union
Members who want savings they can draw on at any time without serving a term.