The fair, transparent alternative
Not so long ago, rip-off payday lenders were spreading like an epidemic on our high streets. But together, the Co-op Party and credit union movements are turning the tide and building the alternative.
Since they arrived on our shores 40 years ago, credit unions - a form of financial co-operative - have provided hundreds of thousands of people with savings, current accounts and affordable credit.
Members of the Co-operative Party are able to join the Co-operative Credit Union and access savings and loans for members at competitive rates. As well as being kinder on your wallet, you are also supporting a better way of banking.
The Co-operative Credit Union provides an easy way to save, from a little as £10 per month. And as a ‘not for profit’ financial co-operative, any surplus profit is returned to members via the annual dividend.
Celebrate International Credit Union Day with us
Today is International Credit Union Day- celebrated by credit unions across the World. Here are some of the ways you can learn more about credit unions and get involved:
which explains some of the ways local government can support the growth of credit unions in their area
who looks back on the success of credit unions in recent years, and where we go next
to help spread the word