Sheffield Credit Union

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Welcome to the Sheffield Credit Union

Credit Unions are financial co-operatives.  They offer savings and great value loans plus they are local, ethical and know what their members want.

Members save regularly (minimum £1 per week).  These savings then provide a pool of funds from which loans can be made. 

Any surplus income is returned to members as an annual dividend.

Members’ savings and loans are protected by life insurance at no extra cost.  Savings are also protected by the Financial Services Compensation Scheme.

All credit unions are regulated and authorised by the Financial Services Authority.

For more information about credit unions click on the following link:

Association of British Credit Unions (ABCUL):

 

Financial ServicesAuthority registration number: 213679