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Credit Unions

Summary

Credit unions are financial co-operatives owned and controlled by their members.They offer savings and great value loans

What are Credit Unions?

Credit unions are financial co-operatives owned and controlled by their members.They offer savings and great value loans to individuals plus they are local, ethical and know what their members want.

Where can I find a Credit Union?

Credit Unions can be found in many areas, or within some companies or associations who have set one up. Each credit union has a "common bond" which determines who can join it.

Examples of Credit Unions in Suffolk are employee schemes for Suffolk County Council, Suffolk Constabulary or First Bus; a scheme for those who live or work in Suffolk; and Rainbow Saver Anglia Credit Union Limited (RSACUL), which is open to anyone who is a member of the Co-Operative Group in East Anglia.

I’m an employer/association. How do I set up a Credit Union?

Suffolk ACRE has more information about Credit Unions, including advice on how to set one up. Suffolk ACRE contact details are shown below.

Contact details:

Local Credit Unions
Ipswich and Suffolk Credit Union (ISCU) is open to all who live or work in Suffolk 
Ipswich and Suffolk Credit Union website.
tel - 01473 690690
email - ipscreditunion@tiscali.co.uk

Rainbow Saver Anglia Credit Union Limited for members of the Co-Operative group – Rainbow Saver Anglia Credit Union Limited's web page
tel - 01502 584854

Suffolk Credit Union for employees or pensioners of Suffolk County Council and their families –
website - Suffolk County Council's website
email - credit.union@resman.suffolkcc.gov.uk
tel - 01473 584043

Advice and information
Suffolk ACRE
email - info@suffolkacre.org.uk
tel - 01473 242500

Association of British Credit Unions (ABCUL):
website -  Association of British Credit Unions' website
email - info@abcul.org
tel - 0161 832 3694 


Related page on this website ...

External links ...

Business Link
Business Link
A free business advice and support service, available online and through local advisors.
Business Link's website
Suffolk County Council
Suffolk County Council
Working in partnership with public, private and voluntary sector organisations, to bring about real and tangible improvement to the well-being of communities by working on both sides of the economy.
Economic Development web page

About links to external sites.

Contact us ...

Team:
Economic Development
Telephone:
01473 825868
Minicom/textphone:
01473 825878
Fax:
01473 825770
Address:
Babergh District Council
Corks Lane
Hadleigh
Ipswich
IP7 6SJ

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Last updated on: 29 May 2009 | Date of next review: 29 May 2010

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