Telephone: 01874 620104
Please note, by clicking on one of the above links you will be
Brecon & District Credit Union is a not-
Brecon & District Credit Union
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority 213604
Frequently Asked Questions
Q) What is a Credit Union?
A) A credit union is a not for profit financial co-
Q) Will Brecon & District Credit Union pay interest on my savings?
A) We may pay an annual dividend on your savings. That means that any profits are used to grow the business and are passed back to the members, not to directors or shareholders.
Q) How can I pay money into my savings?
A) It has never been so easy to pay money into your credit union account. You can pay cash or cheque into one of our branches or service points or you can set up a standing order from your bank. Alternatively, if you work for approved employer you may be able to save direct from your pay each month.
Q) How do I withdraw money?
A) You can arrange for your savings to be withdrawn by registering for the Member's Area section on our site or by emailing us at email@example.com
If you email us you must quote your member number, the amount you wish to withdraw, your bank sort code and the last 4 digits of the account number you wish the money to be deposited into.
You can also receive your money by cheque for depositing in to your bank account.
Alternatively, you can register for a pre-
You have to leave a minimum of £1.00 in your account at any one time to keep it open.
Q) Will I get sent monthly statements?
A) We are serious about how we spend our members’ money and as a consequence we limit the associated costs of sending out statements to once a year. You can, however, follow your account online or find out your balance by phoning or calling into any one of our branches or service points.
Q) If I did need to borrow money at a later date, how would I go about applying?
A) We offer a wide range of flexible, tailored loans to suit every member. Unlike many banks and high-
Q) Can I save for my children/grandchildren?
A) Yes, you can open a child’s account and save in exactly the same way. As the nominated guardian you will have full control of the account until they turn 18.