At No1 CopperPot Credit Union, we are proud to offer a variety of loans to suit our members needs. Our Commutation Loan and Student Officer Loan are specifically tailored to suit the Police Force. The Student Officer Loan is designed to support officers when they are starting out in their career, whilst the Commutation Loan is intended to give long serving officers and opportunity to start their retirement plans early.

What our members have to say…

Borrowing from No1 CopperPot Credit Union

✓ Clear interest rates. We do not use representative APR. This means the rate you see is the rate you get, regardless of your credit score. You can easily compare our loan rates by clicking here.

No early repayment fees. You can settle your loan in full, or make additional payments when you wish and we won’t charge you any fees for doing so.

✓ Applications are personally assessed by our Loans Officers. Our experienced Loans Officers assess your application based on your affordability, rather than just your credit score alone.

Repay through payroll deduction. We have payroll deduction available in 28 police forces, meaning your loan repayment comes directly from your salary every month.

✓ Your loans are covered by Life Protection. Our loans come with Life Protection at no added cost. This means in the event of a members death, loans may be cleared up to the value of £40,000 (terms and conditions apply).


Have you seen our product range?


Apply to borrow up to £35,000. This loan has different rate tiers depending on the amount you wish to borrow. Our loan calculator can help you work out if consolidating with us could save you money each month. Flexible credit as and when you need it. It could be used as an alternative to a credit card.
Helping Student Officers get on their feet within their first 2 years of service. Apply to borrow up to £10,000. You can apply for up to £100,000 or 80% of your commutation entitlement, with a maximum of £50,000 for consolidation. Apply to borrow against your savings held in the Credit Union and benefit from our lowest rate of 3.5% APR.
Similar to an overdraft, the Budget Account is a short term credit facility to help you manage your day to day finances. Apply to borrow up to £10,000 over 10 months to help finance your dream holiday. Apply to borrow up to £5,000, with extended Life Protection up to the age of 80.

All loans are subject to affordability and our lending criteria.

Additional Borrowing

If you have an existing loan with us and want to borrow extra, there are two options available. Click here to see more information.

Need help?

If you are experiencing financial difficulty, or are struggling to repay your loan with us, please contact us as soon as possible and a member of our team will be able to assist you.