Posts By: Emily Sproston

  Many people ask us what the difference between a credit union and a bank is. We wanted to provide some clarity on this as we know it can be confusing due to both institutions providing similar services. The main difference between the two is that a credit union is a not-for-profit organisation, where surplus… Read more »

I recently went through the process of buying my first house and although I thought I was pretty clued up on the costs and what was going to happen, there were a few things I did not consider. This blog will be taking you through my experience and the costs I encountered whilst purchasing my… Read more »

  This Limited Edition Loan will only be available to members of the Credit Union for a limited period of time. We could help you fund a home improvement project, your next car or a life event. So if you’re considering borrowing, you may want to act fast… we’re stopping accepting applications on 31st July!… Read more »

  Leasing a car The number of ways to finance a new car is continually growing, with lease (also known as Personal Contract Hire (PCH)) agreements becoming increasingly popular. The process of leasing a car involves signing an agreement with a broker for the long-term hire of a new vehicle. When the agreement ends, you… Read more »

  Premium bonds: what are they and should I buy them? Premium bonds were introduced by National Savings and Investments (more often known as NS&I) to encourage people to save. They were established in 1956 and are now owned by approximately 23 million people in the UK! You don’t get paid interest, but instead there’s… Read more »

  Many of us try to put some hard-earned savings aside each month to save for the future. But it’s important to be aware of how they’re taxed. I’m going to try and help to make things clearer, so that you have a better understanding of how taxes are applied to your savings. Many people… Read more »

We are now only offering loans to members who are UK residents, and we want to make you aware of this change and the reasons behind why we have taken this decision. As a not-for-profit organisation we must make decisions which are in the best interests of all our members, and it was with a… Read more »

  In the UK most people have their tax automatically removed from their salary each month however this is not the case if you are, for example, self-employed. The amount of tax you pay will depend on how much you earn per year. This is because the government has different band rates for each earning… Read more »

  Lockdown has been a difficult time for many of us. Slowly but surely restrictions are being lifted and normal life will hopefully resume in the not-too-distant future! You may be thinking about making up for lost time, maybe you are planning to see family and friends or have a shopping spree. The pandemic changed… Read more »

  Let’s talk about saving for your children We understand the importance of saving and believe that the earlier an individual starts to save, the better. Encouraging children to save can help them to understand money and create good habits early on. If you were to save £20 a month for 18 years, you would… Read more »