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Credit Unions

Fusion Credit Union Ltd

Fusion Credit Union Ltd is a financial services company located in Lichfield, England. As a credit union, they offer a range of financial products and services to their members. Their mission is to provide affordable financial services to their community while promoting financial literacy and responsibility. With a commitment to their members' financial well-being, Fusion Credit Union Ltd is a trusted and reliable choice for all your financial needs.

Introduction to Fusion Credit Union Ltd

Fusion Credit Union Ltd is a financial services company based in Lichfield, England. They were established to serve the community by providing ethical and affordable financial services. Fusion Credit Union Ltd stands out from other financial institutions due to their focus on community involvement and member support.

Services & products

Fusion Credit Union Ltd offers a range of financial services to their members, including savings accounts, loans, and budgeting advice. Members can take out loans for a variety of purposes, such as home improvements, car purchases, and debt consolidation. Fusion Credit Union Ltd also offers prepaid debit cards and insurance products.

Location

Fusion Credit Union Ltd is located in the Curborough Community Centre in Lichfield, England. The center is surrounded by residential neighborhoods and small businesses. The area is quiet and peaceful, with parks and green spaces nearby. The Curborough Community Centre is easily accessible by public transportation, with the closest bus stop only a five-minute walk away.

Benefits

Customers should choose Fusion Credit Union Ltd for their financial needs because they offer personalized service and competitive rates. Unlike traditional banks, Fusion Credit Union Ltd is owned and operated by its members, which means that profits are returned to the community in the form of better rates and services. Members also have a say in the decision-making process of the credit union.

Good to know

Customers should be aware that Fusion Credit Union Ltd is a not-for-profit organization, which means that they do not pay dividends to shareholders. Instead, they focus on providing affordable financial services to their members. Additionally, membership is open to anyone who lives or works in the Lichfield district.

Reviews

Customers have praised Fusion Credit Union Ltd for their friendly and helpful staff, as well as their competitive rates and flexible loan terms. Members appreciate the personal touch that the credit union provides, and feel that they are treated as individuals rather than just account numbers. Overall, customers highly recommend Fusion Credit Union Ltd for their financial needs.

Amenities

  • amenity
    online banking
  • amenity
    loan services
  • amenity
    investment services
  • amenity
    financial planning
  • amenity
    insurance services
  • amenity
    bill payment services

FAQ

What interest rates do you offer on savings accounts and loans?

We offer competitive interest rates on both savings accounts and loans. Our rates vary depending on the type of account or loan you have and the amount of money you have deposited or borrowed. You can contact us or visit our website for more information on our current rates.

Can you explain the eligibility requirements for becoming a member of your credit union?

To become a member of our credit union, you must live or work within our common bond area, which includes certain postcodes in our local community. You can also become a member if you have a family member who is already a member. In addition, you must complete our membership application and meet our identification and verification requirements.

What types of services do you offer, such as mobile banking or investment advice?

We offer a range of financial services, including savings accounts, loans, current accounts, mortgages, and insurance. We also offer mobile banking, online banking, and telephone banking services for your convenience. While we do not offer investment advice, we can provide you with information about our savings and investment products and services.

How do you ensure the security of my personal and financial information?

We take the security of your personal and financial information very seriously. We use a range of security measures, including encryption, firewalls, and secure servers, to protect your data. We also regularly monitor our systems for any suspicious activity and provide you with tips and guidance to help you protect your information.

What fees do you charge for your services and how do they compare to other credit unions and banks?

We charge competitive fees for our services, which vary depending on the type of service you use. Our fees are generally lower than those charged by traditional banks and other financial institutions. We are committed to providing you with transparent and fair pricing, and we will always provide you with a full breakdown of any fees associated with our services.

Reviews

  • Jane Pountney

    I have never had so much trouble when wanting to close an account, the volunteer in Hednesford lied to Lichfield office, telling them he had given me money when he had not, also telling them that I kept the payment book, he gave me the book back and said “you had better keep this”. Their attitude was not a good impression for the credit union, first person stated they would phone me back, they did not, so I emailed them and the women I spoke to was most put out when I stated Hednesford were lying and they had two pounds from me to open the account therefore I requested the one pound back that they had kept when I first wanted to close the account. As yet I have not received it.

    26-03-2023
  • Karen Bralee

    26-05-2022
  • Amanda Best

    As a member of Fusion for over a year now, I am impressed that they offer affordable loans to local people. The loans come from the savings of other local people and it's all run by volunteers

    26-05-2020