ARIZA Credit Union combines innovative financial solutions with an emphasis on personal attention and friendly member care to promote loyalty and growth.  Membership is open to all Grenadians by birth, descent, citizenship or marriage. All CARICOM Nationals are also eligible for membership.

If you’re ready to say hello to a member focused financial institution,  join the Ariza Credit Union, we’d be happy to welcome you.

And you’ll be pleased to hear that joining is quick and easy.

Find out more about the benefits of becoming a member.

To apply for membership

• complete our online membership application form and open an account now*
• visit your nearest Ariza Credit Union branch
• *Supporting documents will be required

Qualifying shares are the mandatory, non-withdrawable minimum shares to be purchased by an individual to become a member of Ariza Credit Union.

Equity shares are the common stock or risk capital purchased by the individual as their ownership stake in Ariza Credit Union. It is any shares in excess of the Qualifying shares.

A member can purchase more equity shares by visiting Ariza on any day in which the Credit Union is open for business.

A member can purchase an unlimited amount of equity shares, not exceeding a maximum of twenty per cent (20%) of the total share capital held by any one member. The Board may establish, by resolution, a limit on the number of shares which may be owned by a member.

After the death of a member, their qualifying and equity shares are transferred to their beneficiaries.

Debit Cards have daily limits.  The limit is $2000.00 at ATM machines, and 10 purchases or a maximum of $5,000.00 a day through purchases.  These limits can be increased upon request at our International Debit Card Unit.

You can use your card internationally, for your benefit, we recommend notifying us prior to traveling.

When you use a debit card, the merchant sends a confirmation to the Credit Union for an authorization. When the approval is given, the balance in your Transaction Savings account is reduced or “blocked” by the amount of the purchase. This is known as a pre-authorization hold. The merchant determines the amount of the hold. Ariza establishes the length of time the hold remains in place.  Typically the hold stays on your account until the funds are transferred to the merchant.

Some companies use different names, so always try to contact the company first (VISA requires this) to try to get your money back.  The next step is to complete a Debit Card Dispute Form and return it to the Ariza IDC unit. When we receive your written dispute, we work with VISA to get your refund processed.

You can call our IDC Unit  at (473) 435-9257 to block the lost card for you over the phone.  If your card is lost after hours, Sundays and Holidays please call (410) 581-9994.  We need a written request to order you a new card; you may have to stop into one of our three  locations.

You will have to visit a credit union branch  with your ID and your Card to re pin the card.

Several amendments to the by-laws, including an increase in individual member shareholdings, were approved.

Effective 1st April 2024, your Qualifying Equity Shares investment is now $500.

Your Other Equity Shares investment is now $1,000 and can be accumulated over a 5-year period.

Refer to Section VIII.II SHARES on page 47-50 of the by-laws for comprehensive information.

No, shares cannot be withdrawn as it is considered the capital investment of the credit union.

Shares are not redeemable, however, all shares are transferrable upon account closure, death, withdrawal, or membership termination, as per Board-approved policies and regulations.

Members are advised to check specific provisions or consult the Credit Union for transfer procedures.

Yes, there is a 20% maximum limit on the total share capital held by any one member.

Shares are eligible for dividend payment in the form of cash or additional shares.

Members’ investments in shares contribute to the capital and financial strength of the Credit Union.

The two types of shares are Qualifying Shares and Other Equity Shares.

For detailed information, refer to Section VIII.II SHARES on page 47-50 of the by-laws.

Members can increase their shareholding at any time, up to a maximum of 20% of the total capital.

The by-laws do not explicitly mention penalties. However, members are encouraged to adhere to the new requirements within the designated time frames to maximize possible returns on their investments.

The by-laws do not explicitly address extensions. Whereas we anticipate that all members will achieve the investment amount. Members should consult with the Credit Union for further guidance.