Manchester Credit Union

What are credit unions?

Credit unions are non-profit making financial co-operatives owned and controlled by their members. They offer savings, great value loans and insurance products, plus they are local and ethical and exist solely to benefit their members.

How does it work?

Members pool their savings and these savings are lent out to other members. This is why - when you have a loan from a credit union - they ask that your savings remain in your account until your loan is repaid. This allows them to use this money to lend out to other members.

What are the benefits of joining?

Benefits include:

• easy way to save
• access to low cost loans with flexible repayment terms
• free life savings insurance - if you die, your family may receive as much as twice your savings
• dedicated Christmas Club

How to join

• you can download the forms from the Manchester Credit Union (opens new window) website
• please complete all sections of the membership form, including your 'Form of Nomination' 
• you will also need to provide one document of identification and two recent proofs of address
• your application form will need to be counter-signed by a witness

Further information

For any queries you may have or for further information please go to the Manchester Credit Union (opens new window) website, telephone 0161 231 5222, email info@manchestercreditunion.co.uk or membership@manchestercreditunion.co.uk