Join 1st Class Credit Union today for access to affordable loans up to £20,000, and to start saving, direct from your wages.
At 1st Class Credit Union, we’re a not-for-profit cooperative, owned by our members. You can rest assured that we won’t overcharge on interest. Our loan interest rate ranges from 6.9% to 16.9%.
For example, if you take out a Personal Loan of £1000 for 52 weeks, you’ll repay a total of £62.36 in interest. Try our Loan Calculators for yourself here.
To get started, you’ll need to join us, on this link.
Questions? Check out our FAQ’s below.
What is the minimum amount I can save?
Our members commit to saving a minimum of £3 per week, or £15 per month. There are plenty of ways to pay into your account, and we also offer our members an annual dividend based on the value of their savings, subject to approval at our AGM. Your savings will be fully insured by the Financial Services Compensation Scheme (FSCS) up to £85,000. Find out more about our savings accounts here.
How do I join 1st Class Credit Union?
It’s easy! If you work within the Royal Mail Group, including Parcelforce and Post Office employees, you can join us online here.
When can I apply for a loan?
When you join us and have made a payment into your own savings account, you’ll be able to apply for a loan of up to £20,000.
Why should I join 1st Class Credit Union?
As a member of the credit union, you’ll enjoy a whole host of benefits. As well as access to affordable loans up to £20,000, you’ll open your own personal savings account, that you can manage 24/7 using our mobile app and online members’ area. We also provide FREE Life Cover and Loan Protection to every member. Find out more here.
How long will it take?
Once you have made your first payment into your savings account you will be eligible to apply for a loan. A payment can be made as soon as your account has been verified, created and your member number issued. Get started by joining us here.
Get in touch with us if you have any questions, by phone or email.
Phone: 0141 552 8408
Our office is open Monday to Thursday, 09:30 to 16:30, and 09:30 to 15:00 on Fridays.