The number of people investing their money is on the rise, but what should you be aware of and what are the differences between investing and saving? We aim to provide you with information to help you make smart, responsible financial decisions. The difference between savings accounts and investments An investment is an asset or… Read more »

  Let’s talk about buy now pay later, 8 months down the line. Here is the last article we wrote about buy now pay later in Oct 2021. Is Buy Now Pay Later still popular? Buy Now Pay Later (BNPL) is still a well-used payment , and research has shown that nearly half of 16… Read more »

Everything we do is for the benefit of you, our valued members, and so we’ve been working hard to make things easier for you. We’ve taken your feedback on board, and are happy to introduce you to our brand new App! On the App you can: ✓ Make instant withdrawals ✓ Submit a loan application… Read more »

    There are a variety of different methods that scammers can use, one of them being ‘Authorised Push Payment Fraud’. The goal of this scam is to get someone to voluntarily send a payment to the scammers by posing as a legitimate business, such as a holiday provider, building company or new housing development…. Read more »

  Are you saving for the future? It’s time to start planning. 74% of Police Officers said that they’re worse off financially now than they were 5 years ago. Unfortunately, we can’t change the past, but we can help you to prepare for the future. With our simple guide to financial planning, it’s easy to start saving towards your goals. We’re… Read more »

  What is financial resilience? Financial resilience is the ability to withstand life events that impact your income or any assets you have. Stressful events, such as unemployment, divorce, and health problems can affect people’s financial resilience. What is financial vulnerability? According to the FCA, before the pandemic, around 20 million people in the UK… Read more »

  As we enter a New Year many of you might be thinking about your finances, but have you thought about how or when you should start teaching your children the importance of money? The University of Cambridge has found that by the age of 7, most children are capable of grasping the value of money…. Read more »

  You might associate the term ‘net worth’ with the rich celebrities topping the Forbes list, but everyone has a net worth and it’s really easy to find out yours. Your net worth is simply your total assets minus the total amount of debt you have. Your assets include things like: Any savings you hold… Read more »

This afternoon we hosted our 2021 Annual General Meeting virtually. Thank you to all our members who attended. Here is an overview of the highlights.  A message from our CEO This year saw the Credit Union reach its 35th birthday and I would like to make a special mention to the pioneers of the Credit… Read more »

  Saving We try and encourage our members to save little and often throughout the year to help fund events like Christmas. If you haven’t started saving already it may be a little bit too late for this year however, it’s never too early to start thinking about next Christmas. If you started saving just… Read more »