Credit unions

Savings and affordable loans for local people.

Credit unions are financial organisations owned by their members. They use the money made from giving loans to improve services and reward members.

You can save what you want, when you want.

You’ll usually need to save regularly for a certain amount of time before you can take out a loan from them.

A credit union can help if you’re having difficulty opening an account with a bank or building society.

 

Why join a credit union?

  • access affordable loans once you’ve been saving
  • loans can usually be repaid weekly, fortnightly or monthly
  • get access to smaller loans of less than £1,000, which many banks do not offer
  • no hidden charges and no early repayment fees
  • loan protection insurance
  • money saved within the credit union by its members stays within the local community

Salford Credit Union

Salford Credit Union has been committed to its members and the community for over 30 years. They’re a not for profit organisation, helping local people take control of their money.

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An extra helping hand to our customers and local communities

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Who we are and what we do at Salix Homes

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