Who we are
Bristol Credit Union (or BCU) is here to help local people make the most of their money, by giving them access to affordable loans and competitive savings accounts. When people put their savings with us, we’re able to help other local people with loans. And because we’re here to support your community, all the money stays in the local economy.
Helping people save and borrow at fair rates
We lend out money at fair and affordable rates of interest, saving our members from having to turn to doorstep or payday lenders. But that’s not all we do. We also offer savers a decent return on their savings, plus the knowledge they’re investing in the local area.
It's all about our members
We’re owned by our members, that’s everyone who saves, borrows or banks with us.
We don’t have shareholders who take the profits, therefore any profit we make gets recycled back into the Credit Union, allowing us to help more local people. So the more people who become members, the more people we can help out. By becoming a member, you will have a voice in how your credit union runs and develops. You are encouraged to attend and participate at our Annual General Meeting and there are opportunities to become a volunteer or join our Member Panel.
The story of Bristol Credit Union
Bristol Credit Union was created in 2005 and 2006 through a partnership of community credit unions in the city. With regeneration funding and support from Bristol City Council, a single City-wide credit union set out to provide services to the people living and working across the whole of Bristol. The membership area was later extended to cover the whole of the former Avon county area
New areas, recognised as having high levels of social and financial exclusion, are now being served. The wider membership area also allows us to develop partnerships with other agencies, including local social landlords, advice agencies, and other groups working for the benefit of people throughout Bristol and the surrounding area.
Through developing attractive products and services, Bristol Credit Union is working to attract a broader mix of members. By bringing together the wealthier areas of the membership area with the less well off, financial resources within Bristol can be mobilised for the mutual benefit of all communities and help to create a more socially inclusive credit union.
Each year since 2005 Bristol Credit Union has seen remarkable growth, we now have over 10,000 members, over £5 million of savers' deposits and in our financial year 2013/2014, we helped over 4,789 people borrow £2,908,292 at affordable rates.
Join Bristol Credit Union
If you live or work in the former Avon county area you can become a member today and start enjoying the benefits of membership. Applying is quick and easy, take a look at how you can join us today.
Get in touch
To talk to us about our services or to find out about volunteering opportunities, you can visit us at our branch or one of our service points located throughout the area or contact us by phone or email.