Since opening, we have had a great record of saving and helping our members to provide a better future not just for themselves, but also for their families, their children and their grandchildren. Barrow & District Credit Union is all about ordinary people teaming up and working together in our community for the common good. We have already expanded our product range to cater for all sections of the community, for example, payroll deduction schemes, loyalty loans and flexi loans. Details of all our offerings can be found on our website.
We seek to help local people move their finances from the commercial arena, where profit is the name of the game, back to the community where you all are the owners and the beneficiaries. We aim to keep your finances in the community for both your own and the community’s benefit.
Our savers benefit and help others. Our collective savings provide the means of granting loans to members, when necessary. After paying expenses, which we try very hard to keep as low as possible, and providing for reserves, we distribute any remaining surplus each year to our members in the form of a dividend.
We are extremely proud of our Credit Union as it is an excellent example of people helping people in our own community to build a better future together.
So, if you are not already a member, what are you waiting for? We offer an easy way to save as well as a convenient and affordable way to borrow. So please come and join us!