Unlike most ethical investments, your contribution will undoubtedly have a positive impact on your local community. We at the Cambrian Credit Union aim to provide a high quality, sustainable and accessible savings and loans co-operative, which is responsive to the needs of the local community and actively prevents the detrimental effects of poverty and financial exclusion.
The credit union provides a convenient and safe method of saving. Every £1 saved is the equivalent to a single share and members can save as little or as much as they choose but are encouraged to save on a regular basis. Savings can build up quickly once the habit has been established and members are encouraged to continue saving even when repaying a loan.
All members benefit from regular saving. It allows members to work towards their financial goals and gives them a cushion in an unforeseen financial emergency. Saving regularly reduces the need to borrow from costly sources of credit. Save with the credit union for your holidays, a new car, your wedding, school uniforms, a rainy day fund, birthdays or Christmas.
The ability and capacity to save money for the short or long term is an important step on the path to establishing financial wellbeing and to the building of assets. Even small, regular savings will grow and help you to meet those unexpected bills.
We offer many ways of accessing your savings for more details click here.