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 finance
Credit Unions
Welcome
to credit unions in Gloucestershire
Credit
unions are savings and loans co-operatives regulated
by the Financial Services Authority
You can become a member of a credit union and start saving regularly - how much you save is up to you, there is no minimum deposit.
Once you have become a member you can apply for a small loan - maybe to pay a bill? Or you could simply save safely for future spending. Some credit unions have a minimum period of saving before you can apply for a loan.
Interest on loans with credit
unions is payable at just up to 2% per month, equivalent
to 26.8%. This maximum rate is set by Government and
cannot be changed. There are no hidden fees, no
minimum loan, and credit unions offer lower rates to regular savers.
Our aim is to extend access to
credit unions to everyone in Gloucestershire as
soon as we can. If you live or work in any of
the areas below please contact us to ask about
joining.
Credit Unions are approved and regulated by the Financial Services Authority
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SPA Credit Union
Ltd (Cheltenham)
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Contact Sue or Julie,
tel 01242 774854
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Gloucester Credit
Union Ltd
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Contact tel
01452 422712
or info@gloscreditunion.org.uk |
Forest of Dean Credit
Union Ltd
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Contact Heather,
tel 01594 837788 or enquiry@forestsaversfund.co.uk
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Stroud Valleys Credit
Union Ltd
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Contact John, tel
01453 833100
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For
information about credit unions across Gloucestershire
contact Co-operative Futures:
tel
01452 543030
Links:
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