Welcome

We like to keep our members updated on everything going on at No1 CopperPot Credit Union, here you can find a round up of our news.

News

Hidden fees of financial products, part 3

    To conclude our three-part series on revealing the hidden fees of financial products, this month we’re shifting our focus to the hidden fees of mortgages. The mortgage process can be daunting for many individuals due to the complex language involved. The following information aims to clarify some of the terms you may encounter… Read more »

Hidden fees of financial products, part 2

    Last month we looked at the hidden fees of bank accounts. Join us this month on the second part of our update as we uncover the hidden fees associated with credit cards. Credit card fees can vary significantly among financial institutions and even across different types of cards from the same company. To… Read more »

Hidden fees of financial products, part 1

    In the complex world of financial products, individuals can often find themselves trying to understand confusing terms and conditions and end up discovering different hidden fees. In this three-part series, our goal is to explain different fees associated with various financial products, giving you some additional knowledge to make informed decisions.   This… Read more »

Highlights of the 2023 AGM

  This year, we were able to bring a more immersive and member-centric approach to our Annual General Meeting. We live streamed our AGM via our mobile app so that we could include even more of our members. All of our valued members had the opportunity to watch our CEO – Caroline Domanski MBE, CFO… Read more »

Categories: Office Updates

Understanding credit scores

  What is a Credit Score? Soft vs hard credit checks How to check your Credit Score How to potentially improve your Credit Score What have we learnt? What is a credit score? A credit score is a number that reflects a person’s creditworthiness, and it is something that many lenders take into consideration when… Read more »

Credit unions and banks

  In this edition of Let’s Talk About Money, we are looking at the credit unions’ roots and exploring who we are, why we exist, and the main differences you can expect from traditional banking institutions.   Unfortunately, there isn’t a clear winner when it comes to comparing credit unions and banks. Both have their… Read more »

Saving with us just got better…

  Recently, we issued a survey to identify your wants and needs when it comes to savings accounts. This was to assist us in understanding if there are any products we could offer or changes we could make to better suit our members. You spoke, we listened, and we’ve already begun to make some changes…. Read more »

Categories: Office Updates, Products

Exploring Cryptocurrency

    Subscribe to our monthly “Let’s talk about money” newsletters here!    From its conception in 2009, Cryptocurrency has seemingly stuck around far longer than some people anticipated and awareness of it has risen in recent years. The market capitalisation of Cryptocurrency has seen a huge increase in the past ten years, from $1bn… Read more »

Understanding joint accounts

    Subscribe to our monthly “Let’s talk about money” newsletters here!    Opening a joint account can be a significant financial decision for people looking to navigate their financial lives together. Legal and General claim that two-thirds of cohabiting couples have a joint account and half of the remaining people would potentially share all… Read more »

How to keep safe online

    Subscribe to our monthly “Let’s talk about money” newsletters here!  In our modern tech-driven world, staying savvy about financial scams and keeping safe online is more important than ever. Scams are fraudulent schemes that trick people into parting with their personal details or cash.  Financial scams come in a variety of shapes and forms, from fake… Read more »