Business Details
Your Local Financial Partner in Stevenage
Established to serve the financial needs of our community, Stevenage Credit Union has been providing accessible and ethical financial services to members since our inception. We specialise in offering flexible savings opportunities and affordable loan products tailored to individual circumstances, ensuring our members achieve their financial goals. Our team of experienced professionals adheres to strict regulatory standards set by the Prudential Regulation Authority and Financial Conduct Authority, guaranteeing transparency and security in all transactions.We prioritise financial education and community engagement, empowering members to make informed decisions about their money. With convenient in-person and online services, we remain committed to delivering reliable, member-focused financial solutions that foster long-term economic resilience and prosperity.
Services
Membership
Savings Accounts
Personal Loans
Loan Calculators
Financial Education
Highlights and features
- We offer flexible loan products based on affordability assessments
- Our savings schemes promote financial stability for members of all ages
- Regulated by the Financial Conduct Authority (FRN 213561)
- Community-focused approach with local decision-making
- Free financial education resources for members
Associations and certifications
- Prudential Regulation Authority
- Financial Conduct Authority
What people say
Ethical financial services
Community-focused approach
Transparent loan terms
Services
Personal Loans
Flexible personal loan products tailored to individual financial circumstances. Our affordability-based assessments consider credit history rather than savings levels. Members receive transparent rate notifications after application review, with interest rates ranging from 19.56% to 42% APR. Loan terms accommodate various repayment frequencies including weekly, fortnightly, and monthly options.
Savings Accounts
Secure savings solutions that form the foundation of our cooperative financial model. Regular savings help build financial resilience while supporting community lending. Our savings schemes operate alongside loan products to create balanced financial management opportunities. Members benefit from competitive rates and the assurance of FCA-regulated operations.
Membership
Access to exclusive financial services through affordable membership. Members gain voting rights and participate in democratic decision-making processes. Membership fees support operational sustainability while maintaining community ownership principles. Benefits include financial education resources and preferential access to loan products.
Loan Calculators
Interactive tools for estimating borrowing costs across different repayment frequencies. The calculator demonstrates potential interest charges and payment schedules for standard loan products. Designed to promote financial literacy and informed decision-making, these tools provide indicative figures before formal application submission.
Financial Education
Comprehensive resources to improve financial literacy and money management skills. Our educational initiatives cover budgeting, debt management, and savings strategies. Tailored support helps members understand loan terms and interest rate implications. This service forms part of our commitment to long-term community financial wellbeing.
Questions
What loan types do you offer?
We provide Standard Loans (flexible affordability-based), Surety Loans (with guarantor), and Loyalty Loans (for long-term members) with interest rates from 19.56% APR.
How do I join the credit union?
Complete our membership application process to access savings accounts, loans, and financial education resources. Membership fees support our cooperative structure.
Are my savings protected?
Yes, all savings are protected through our FCA authorisation (FRN 213561) and operation under Prudential Regulation Authority standards for financial security.
Can I calculate loan costs online?
Our interactive loan calculator shows weekly, fortnightly, and monthly repayment options with interest charges for standard loan products before application.
What are your opening hours?
Our Stevenage branch operates Monday, Wednesday, and Friday from 9:00am to 12:00pm. Contact us via phone during these times for in-person assistance.
