Credit Union's are a not-for-profit co-operative that is run for members by members.
There are no external shareholders so all profits are returned back to the members in the form of a dividend on savings or re-invested back into the Credit Union. This means any profits made stay within the community and are not distributed to external investors.
Member savings provide affordable credit to other members within their local community.
In accordance with Credit Union Act 1979, we promote responsible saving and lending to all of our members.
Is My Money Safe?
Credit Unions are strictly regulated and are members of the Financial Services Compensation Scheme (FSCS)