Last updated 8th November 2024
Credit unions are mutual membership organisations, members linked by something in common- usually a place of work or where they live and work (paid and unpaid).
What do they do?
Are they secure?
So what has that got to do with being fair and kind?
Credit Unions are mutual local organisations. They are an important part of the solution to Financial Exclusion in the Diocese. People who can’t access affordable credit or basic banking services can be excluded in many different ways.
Many people are finding saving money difficult (26% adults run out of money before the end of the month). Unexpected financial difficulty can arise from high interest or illegal loans but also events such as bereavement, divorce or redundancy.
Credit Unions can help people when they are in need. Individuals and organisations who become members and save money allow Credit Unions to make loans to members. Through making loans Credit Unions generate income (capped at 3% a month).
‘We must help credit unions to become bigger, better known and easier to access if we want them to compete with high interest lenders.’ Archbishop Justin
District |
Credit Union |
Address |
Phone |
Website |
Blackpool |
Blackpool Fylde and Wyre Credit Union |
13 Birley Street Blackpool Lancashire FY1 1EG |
01253 478827 |
|
Blackburn |
Jubilee Tower Credit Union |
5 Bolton Road Darwen, Lancashire BB3 1DF |
01254 776611 |
|
Burnley |
Pennine Community Credit Union |
Calico Homes Ltd Centenary Court Croft Street Burnley Lancashire BB11 2ED |
0800 050 9747 |
|
Chorley |
Unify Credit Union |
21 Crompton Street, Wigan WN1 1BN |
01942 245656 |
|
Fylde |
Blackpool Fylde and Wyre Credit Union |
13 Birley Street Blackpool Lancashire FY1 1EG |
01253 478827 |
|
Hyndburn |
First Choice Credit Union |
15 Greenfield Street Haslingden Rossendale Lancashire BB4 5TG |
01706 215082 |
|
Lancaster & Morecambe |
Morecambe Bay Credit Union |
75 Queen Street, Morecambe LA4 5EN |
01524 411240 |
|
Rossendale |
First Choice Credit Union |
15 Greenfield Street Haslingden Rossendale Lancashire BB4 5TG |
01706 215082 |
|
Ribble Valley |
First Choice Credit Union |
15 Greenfield Street Haslingden Rossendale Lancashire BB4 5TG |
01706 215082 |
|
Pendle |
Pennine Community Credit Union |
54 Manchester Road Nelson Lancashire BB9 7EJ |
0800 050 9747 |
|
Preston |
First Choice Credit Union |
15 Greenfield Street Haslingden Rossendale Lancashire BB4 5TG |
01706 215082 |
|
South Ribble |
Unify Credit Union |
21 Crompton Street, Wigan WN1 1BN |
01942 245656 |
|
West Lancashire |
Unify Credit Union |
21 Crompton Street, Wigan WN1 1BN |
01942 245656 |
|
Wyre |
Blackpool Fylde and Wyre Credit Union |
13 Birley Street Blackpool Lancashire FY1 1EG |
01253 478827 |