If you want to save, or borrow money, you can always rely on Barrow Credit Union to do right by you!
They’re not an impersonal High Street Bank; they’re run by local people for local people. Barrow Credit Union covers both Barrow Borough and the whole of South Lakeland.
Barrow Credit Union provide local people with a safe and convenient place to save. Whether you want to save for something special or for those unexpected expenses, they have an account that's suitable for you.
All the money that you save in the Credit Union benefits your community. Members deposits allow them to offer responsible and affordable loans to their members who need to borrow. The interest charged on these loans helps to pay their running costs and build up reserves.
Their range of loans are fantastic too, you may have a big occasion on the horizon, your car might break down at the worst possible moment, or you long for a well -deserved holiday but you just can’t afford it. You may want to get married but are worried that your big day is going to give you a big headache!
Whatever the reason, Barrow Credit Union has the right loan for you, even if you have a poor credit rating!
Here are the services they currently offer:
Member Account – Regular savings account for adult savers
Christmas Club Account - A special account to save for the most expensive time of the year.
Young saver Account – A special account for savers under the age of 18
Speedy Loan – For new members with less than 3 months savings
Member Loan – For members who have saved regularly with them for at least 3 months
Member Loyalty loan - For members who have had a loan with them for 12 months and never missed a loan or savings payment they offer a special loyalty loan rate.
Flexi Loan – For members in permanent employment wanting to borrow over £2000 (Barrow Credit Union offer their lowest rate of interest for these loans)
Payroll Deduction Scheme – Barrow Credit Union are always looking for new employers to work with. If you’re interested in finding out more about offering a Payroll Deduction Scheme to your employees, please get in touch.
Barrow Credit Union is always looking for volunteers to help assist them. You don’t have to have a financial background either (although if you do they’d love to hear from you) you may have other skills that can really make a difference. There are many ways that you can volunteer; Barrow Credit Union is looking for volunteers for the following:
General Office Assistant
So whether it’s a savings account, applying for a loan or looking to volunteer – pop in and have a chat. The team would love to see you and find out how they can help.