Benefits of Membership

"Open an account with Wolverhampton City Credit Union today!"

Opening An Account?

Joining Wolverhampton City Credit Union is the best decision you could take for your money.

Our Credit Union lets people in the community come together to save and borrow money at low rates, and is operated on a not-for-profit basis, with surpluses being returned to members.

All you need to do is complete a membership form, provide us with some ID (ideally your Passport or Driving Licence or Birth Certificate for juniors) and pop into our office with £1 to open your account. It's that simple!!

Benefits of Membership

Membership has many benefits...

Flexible & Convenient Loans
Members can apply to take out flexible loans as soon as they join (maximum loan £500 for new members) and repay at tailor-made schedules. All our loans come with the benefit of life cover at no extra cost to the member.

Attractive Dividend on Savings
Every year we pay an attractive dividend on members’ savings (this has been 3% for the past 3 years).Your savings are also placed in our Life Insurance scheme, offering a free insurance system on your savings.

Quality Service, No Fees
You can be assured of a professional service from Credit Union at all times. And you do not pay a transaction fee for saving with us, or borrowing money.

Pay by Standing Order
Arrange a Standing Order payment from your bank and be sure of regular payments to your Credit Union account. We will send you a statement showing all transactions or you can register to check your account online.

Member Services
Take advantage of a host of additional member services available.

We offer Paypoint Cards for members who do not regularly come to the city centre.

We provide free energy saving lightbulbs to any member over 70 or in receipt of any state benefit (including tax Credits).