Wirral Credit Union provides savings and low-cost loan services to anyone living or working in a CH postcode area. Established in 1992 we have provided over £47 million in small loans for our members for a variety of purposes such as household bills, white goods, holidays, family events, Christmas expenses etc. We run an informal, efficient service and aim to help our members manage their finances better.
A Credit Union works by pooling the resources of all members' savings and prudently allowing members to take a loan from this pool of money. As this loan is repaid into the mutual pool it enables the Credit Union to operate and lend to more members.
Wirral Credit Union is a not for profit financial co-operative that exists to help its members manage their finances better by providing savings facilities and access to low-cost loans.
Wirral Credit Union members make regular payments into their savings account either directly from their salary, if their employer can make payroll deductions, or by standing order from their personal bank account. These savings accumulate over time and allow the member to budget for future expenses or to apply for low-cost loans based on multiples of the amount of savings they hold.
Every member is a shareholder of Wirral Credit Union and as such is entitled to an annual dividend on their savings where applicable. There is a £5 annual administration fee payable by all qualifying members, this is deducted from members' savings accounts in June each year.
The credit union is run by an elected board of directors that delegate day-to-day operations to the management team. Members' savings are secured by the prudent long-term management laid down by the board of directors and protected by the financial services compensation scheme.
Wirral Credit Union is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. A member of the Financial Services Compensation Scheme. Reg. No. 213437
Everyone is welcome to join as long as you are living or working in a CH postcode area.
Monday through to Thursday at both offices - in Wallasey or Birkenhead.
10am to 4pm
Wirral Credit Union Wallasey Branch:
403 Poulton Road, Wallasey, Wirral CH44 4DF
Tel: 0151 638 4332
Wirral Credit Union Birkenhead Branch:
114 Laird Street, Birkenhead, Wirral CH41 8EN
Tel: 0151 201 1051
You will be required to make an opening deposit of £10 into your savings account upon joining.
There is also a £5 annual administration fee payable by all qualifying members, this is deducted from members' savings accounts in June each year.
You can join online or in person at one of our branch offices.
Phone: Wallasey Branch - 0151 638 4332
Phone: Birkenhead Branch - 0151 201 1051
Email: info@wirralcu.org.uk
For more information about Wirral Credit Union search Wirral Credit Union in this directory.
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