Business Details
35 Years
experience
Ethical & Affordable Financial Services in Manchester
Manchester Credit Union was established in 1991 with a mission to provide ethical and affordable financial services to communities across Greater Manchester and the High Peak. As a member-owned institution, we prioritise financial inclusion and community development, offering accessible loans and savings products tailored to individual needs. Our team of experienced professionals assesses each application personally, ensuring fair treatment and flexible solutions for members. With over 32,000 members and digital services available 24/7, we combine traditional community values with modern financial tools.Our commitment to transparency, ethical practices, and reinvestment in local communities has made us a trusted alternative to mainstream banks. We actively support financial education initiatives, including our Bee Smart with Money programme for primary schools. Through responsible lending and a focus on reducing financial hardship, we aim to empower individuals and strengthen the economic resilience of the communities we serve.
Services
Personal Loans
Savings Accounts
Mobile Banking
Financial Education
Community Programmes
Details
- Year established: 1991
Highlights and features
- We assess applications personally, not by automated credit scoring systems
- No hidden fees with interest charged only on reducing loan balances
- Flexible repayment options tailored to individual budgets
- Ethical operations reinvesting profits back into the community
- 24/7 digital access to accounts through our free mobile app
Associations and certifications
- Prudential Regulation Authority
- Financial Conduct Authority
What people say
Quick and professional
Affordable pay back
Amazing team work
Supportive non-judgmental
Community focussed
Services
Personal Loans
We offer personal loans up to 15,000 for various purposes including unexpected expenses, debt consolidation, and lifestyle improvements. Our responsible lending approach considers individual circumstances rather than relying solely on credit scores. Members benefit from flexible repayment terms and competitive interest rates charged only on the reducing balance, with no penalties for early repayment.
Savings Accounts
Our savings accounts provide secure options for building financial resilience, including Christmas savers and regular savings plans. Members earn annual dividends and benefit from FSCS protection up to 85,000. The mobile app enables 24/7 account management, while life savings insurance offers additional security for loved ones in case of unexpected events.
Mobile Banking
Our free mobile app enables members to manage accounts anytime, anywhere with features for instant withdrawals, loan applications, and real-time balance tracking. The platform supports secure Open Banking integration for streamlined financial management, ensuring convenient access to savings and loan accounts through modern digital channels.
Financial Education
Through initiatives like Bee Smart with Money, we deliver interactive financial literacy workshops to primary schools across Greater Manchester. These drama-based sessions teach children essential money management skills using engaging storylines, aiming to improve long-term financial confidence and responsible saving habits within local communities.
Payroll Services
Our BEESMART Payroll Deduction service allows employees to automatically save or repay loans directly from salaries through participating employers. This streamlined approach simplifies financial management for both employers and employees, offering convenient access to ethical financial services through workplace partnerships.
Questions
Can I get a loan with poor credit history?
Yes, we assess applications personally considering your current circumstances rather than relying solely on credit scores.
How quickly can I access loan funds?
Approved loans are typically processed within one working day when documents are submitted before 15:15.
Are savings protected?
Yes, deposits are protected up to £85,000 under the Financial Services Compensation Scheme.
What loan amounts are available?
Personal loans range from £500 to £15,000 with flexible repayment terms up to five years.
How can I join?
Anyone living or working in Greater Manchester or High Peak can join with a minimum £3 savings deposit.
Do you offer financial education?
Yes, we provide free interactive money management workshops for primary schools across our service area.
