Credit Unions
Credit Unions are owned by its members, with matters decided on democratically. Unions will encourage the wise use of money; they may offer current and savings accounts, loans, and sometimes mortgages.
Holdfast offers a wide variety of savings accounts, both for adults and children and these include a standard savings account, Christmas club, bill payment account and most recently an Oil Scheme to help Greenfields Housing Association tenants to raise the ever increasing costs of buying oil to heat their homes in the winter.
We provide affordable lending and flexible saving options for those residing or employed in the borough of Basildon. With a long and trusted record of helping people, we can provide loans and savings products that offer much more competitive rates than high street banks and building societies.
Harlowsave Credit Union (HSCU) is your local community financial cooperative. We provide straightforward and affordable banking services including loans, savings accounts and money management schemes.
Essex Savers is a financial cooperative owned and run by its members for the benefit of its members. We provide local, ethical, banking services offering a secure place to save and affordable credit when it's needed.
The Credit Union Foundation Ltd is a registered charity and a company limited by guarantee with a board of trustees consisting of directors of the Association of British Credit Unions (ABCUL) and independent trustees.
Colchester Credit Union Ltd, formed in 2002, is a Savings and Loans Co-operative open to anyone over the age of 18 years who lives, works or studies in the Borough of Colchester or District of Tendring. This is known as our Common Bond. There is a Young Savers Club for young people under 18 years. Details can be obtained on request.
Credit Unions offer a safe and easily accessible home for your savings and the opportunity to obtain a loan on ethical terms at reasonable rates.