An Alternative Way to Save & Borrow

For more details:
Email us at: morecambebaycu@aol.com
Phone us on: 01524 411240

Write to us at:
Morecambe Bay Credit Union Ltd
Credit Union Centre
75 Queen Street
Morecambe LA4 5EN
We offer the following help to members who have accounts with us:
  • Christmas and school uniform loans
  • Savings account
  • Low cost loans
  • Low cost family funeral plan
  • Free life insurance and loan protection, at no extra cost

What is a Credit Union ?

An alternative way to save and borrow.
It is a savings and loads co-operative, owned and run by its members.
It works by members saving together regularly; this creates a pool of money from which low cost loans can be made.
It is based in the local community, supported and run by local people.

What are the Benefits to Being a Member ?

  • You can save as much or as little as you like, as often as you like.
  • You can control your finances by regular saving for the future.
  • You may withdraw some or all of your money from the office at any time, subject to loan requirements.
  • Payments can be made at your local collection point, at the office or by standing order.
  • You can have any number of your benefits or allowance paid into your savings account, including individual Housing Allowances.
  • Loans available at competitive rates.
  • Free Life Insurance and Loan Protection, at no extra cost to you.
  • All staff and volunteers abide by a pledge of confidentiality. Your financial affairs are a private matter.
  • The Financial Services Authority regulates Credit Unions so members are assured that their money is safe.