Grenada Co-operative Bank Limited review

Updated October 14, 2026 · SumCue Editorial Team

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Our verdict

Grenada Co-operative Bank offers a multipurpose consumer loan, with stated uses including vehicle maintenance and household appliances. Applications call for employment and income documents and a current bank statement.

Key facts

Best for
Grenada applicants comparing multipurpose consumer financing and its documentation requirements.
Loan amount
from EC$1,000↗
Arrangement fee
1% of the loan amount plus 15% V.A.T., minimum $431.25 (new retail loans)↗
Credit check
Hard↗
Rate type
Variable↗
Lender type
Direct lender↗
Free early repayment
No↗
Eligibility
Grenadian citizens, non-nationals with permanent residence status and Grenadians residing overseas; photo ID, NIS card or passport, employment letter, payslip, salary assignment, bank statement, proof of debts↗
Origination fee (%)
1%↗
Loan types
Personal, Secured, Car, Student, Business, Credit-line↗
Credit needed
Fair↗
Use cases
Home-improvement↗
Legal entity
Grenada Co-operative Bank Limited↗
Headquarters
Grenada↗
Founded
1932↗
Support channels
Email, Chat, Phone, Help-centre↗
Features
Credit line
Official website
grenadaco-opbank.com

Savings

Minimum deposit
EC$50↗
Access terms
Easy access at branches, ATMs and eBanking; interest paid quarterly↗
Monthly fee
EC$3↗
Account kind
Easy access↗

Mortgages

Maximum loan to value
100%↗
Product fee
EC$431.25↗
Purpose
Purchase, Remortgage↗

Debit cards

Card type
Debit↗

Facts checked September 26, 2026, 12 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInX

Pros

Pros

  • Multipurpose consumer loan for uses such as vehicle maintenance and household appliances.
  • Application documents include an employment letter, recent payslip, salary assignment and current bank statement.
Grenada Co-operative Bank Limited

Ready to try Grenada Co-operative Bank Limited?

Scored 9.3 / 10 by SumCue.

Who it suits

  • Grenada applicants comparing multipurpose consumer financing and its documentation requirements.

How Grenada Co-operative Bank Limited compares

Where Grenada Co-operative Bank Limited is available

Available
Grenada
Licence in Grenada
Banking Licence, 2016 (Grenada), checked September 26, 2026
Licence in Grenada
Credit Reporting Licence (Grenada), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Which company operates Grenada Co-operative Bank Limited?+

Grenada Co-operative Bank Limited is operated by Grenada Co-operative Bank Limited. (Source, checked September 26, 2026)

Where is Grenada Co-operative Bank Limited based?+

Grenada Co-operative Bank Limited is based in Grenada. (Source, checked September 26, 2026)

When was Grenada Co-operative Bank Limited founded?+

Grenada Co-operative Bank Limited was founded in 1932. (Source, checked September 26, 2026)

How can I contact Grenada Co-operative Bank Limited support?+

Grenada Co-operative Bank Limited offers support through Email, Chat, Phone, Help-centre. (Source, checked September 26, 2026)

Sources

Compiled from 14 source pages, checked October 14, 2026. We did not open an account.

Not confirmed yet: APR, Term, Funding time, Representative example.

Grenada Co-operative Bank Limited

Grenada Co-operative Bank Limited

Grenada applicants comparing multipurpose consumer financing and its documentation requirements.

9.3/10See alternatives