Better than a bank

Ten good reasons why the Credit Union is better than a bank…

A man and a woman

  • No Fat Cat shareholders
  • You’re a member – not a customer
  • We’re local – helping the local economy
  • Lower interest rates on loans
  • No hidden fees
  • Annual dividend
  • Your financial health is our main priority
  • Payroll saving available to many members
  • Honest – FSA regulated
  • Protected – by the Financial Services Compensation scheme

Here’s how it works

We’re here for anyone who lives or work within Bradford District.

We ask you to save £3 per week as a minimum or £1 per week if you are unwaged.

At the end of the year, any surplus profit is given back to members in the form of a dividend. Surplus profit is what is left over once running costs have been taken off and some money has been put into reserves.

You can save via Standing Order or by Cash at one of a growing number of Credit Union Collection points throughout the District.

If you work for certain employers in the district you can save via payroll deduction.

Loan decisions are based on affordability. We help you look at your income and expenditure to make sure you can afford the loan repayments. Unlike some other lenders we only lend responsibly.

Loans can be between £200 – £5,000 and paid back between 6 months and 36 months.