Credit Unions

If you want to start saving, need access to affordable credit, or are looking for a current account to manage your money, a credit union account can be the right choice for you.

What is a credit union?

Credit unions are member organisations made up of people who share a ‘common bond’. It could be a workplace, a profession or a congregation.

Credit union members are encouraged to save money, and from the shared savings pot, they finance loans for members at affordable rates. Credit unions can also provide banking facilities including full current accounts with a debit card.

How do I find a credit union?

Citizens Advice has more information about credit unions, including how to find one to join. You can also find out more via the Association of British Credit Unions Limited (ABCUL).