Federal Credit Unions
Bacup Credit Union
Bacup Credit Union is a financial institution located in Bacup, England. As a Federal Credit Union, they offer a range of financial services to their members. Their mission is to provide affordable financial services to their community while promoting financial literacy and responsibility.
Introduction to Bacup Credit Union
Bacup Credit Union is a Federal Credit Union that was established in 1994. The company's primary purpose is to provide financial services to its members. It is unique because it operates as a not-for-profit financial cooperative, meaning that it is owned and operated by its members, and all profits are returned to them in the form of better rates and services.Services & Products
Bacup Credit Union offers a range of financial products and services to its members. These include savings accounts, loans, mortgages, and insurance. The company prides itself on providing fair and affordable financial services to its members, regardless of their financial situation.Location
Bacup Credit Union is located in the heart of Bacup, in the United Kingdom. Bacup is a small town in the Rossendale area of Lancashire, and it is known for its beautiful countryside and friendly community. There are several other businesses in the area, including shops, restaurants, and cafes. Bacup Credit Union is easily accessible by public transportation, with the closest bus stop being just a 2-minute walk away. The three closest public transportation options are Bacup Bus Station (0.1 miles), Bacup Railway Station (0.5 miles), and Stacksteads, Post Office (0.7 miles).Benefits
Customers should choose Bacup Credit Union over other financial institutions because of its commitment to providing fair and affordable financial services to its members. The company operates as a not-for-profit financial cooperative, meaning that all profits are returned to its members in the form of better rates and services. Members also have a say in how the credit union is run, as they have the right to vote on important decisions that affect the organization.Good to know
Customers should be aware that Bacup Credit Union is only open to members. To become a member, individuals must live or work within the credit union's common bond area, which includes Bacup, Stacksteads, and Britannia. Members are required to make a minimum deposit of £5 to open an account.Reviews
Customers have praised Bacup Credit Union for its friendly and helpful staff, as well as its commitment to providing fair and affordable financial services. Many members appreciate the fact that the credit union operates as a not-for-profit organization, and that all profits are returned to members in the form of better rates and services. Overall, Bacup Credit Union has received positive reviews from its members.Amenities
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atm
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online banking
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mobile banking
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loan services
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savings account
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checking account
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online bill pay
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online statements
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secure login
FAQ
What types of loans and credit services are offered by your federal credit union?
At Bacup Credit Union, we offer a variety of loans and credit services such as personal loans, auto loans, credit cards, and mortgages.What are the eligibility requirements for becoming a member of your federal credit union?
To become a member of Bacup Credit Union, you must live, work, or worship in our designated area, which includes Bacup and the surrounding areas in Rossendale. You must also open a savings account with a minimum deposit of £5 and pay a one-time £2 membership fee.What fees or charges apply to using your credit union's services?
We strive to keep our fees and charges as low as possible for our members. Some services, such as ATM withdrawals and money transfers, may have nominal fees. Please refer to our fee schedule for a complete list of charges.What are the interest rates for savings accounts and loans at your federal credit union?
Our interest rates for savings accounts and loans vary based on the type of account or loan you have. Please visit our website or contact us directly for our current rates.What online and mobile banking services are available for members of your federal credit union?
We offer a range of online and mobile banking services for our members, including online account access, mobile banking apps, bill pay, and e-statements. Members can also access their accounts through our shared branching network and CO-OP ATM network.Reviews
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emeraldsapphire The not-so-perfect
18-06-2020 -
rachael brown
Friendly staff, helpful, save money or get a loan dont go anywhere else who charge stupud interest
18-06-2019 -
abraham shimmin
Very helpful staff, good loan rates, been with the 10 years and they've been amazing since day 1
18-06-2019