The growth of  BIS central bankers’ speeches  1  credit union membership is a phenomenon that may be observed not only in Barbados but in the US, Canada and many other countries. The establishment of our Financial Services Commission in 2011 was an important milestone in the ongoing strengthening of credit unionism in Barbados.
These negative aspects must be minimized as stated in the mission statement. On the whole, there should be more positives that would outweigh the negatives if done and enforced properly.