Welcome to Cardiff & Vale Credit Union
Cardiff & Vale Credit Union is an award-winning credit union, operating for over 25 years. We are a financial services co-operative that exists for the benefit of our members who meet at least one of the following criteria:
We are the first Wales-based financial services provider to be awarded five star accredition with the Fairbanking Foiioundation for the ethical features of our personal loans. Like banks and building societies, we are regulated by the Financial Conduct Authority (FCA) and authorised by the Prudential Regulation Authority (PRA). Savers' deposits up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS).
Unlike banks, our only shareholders are our members who save with us, and any profits we make are used to provide variable rate dividends to our savers, and to invest in the development of our services. We are actively involved in our communities, and are committed to contributing to our local economy and the financial wellbeing of all of our members.
We now have over 10,000 adult and junior members of all ages and from all walks of life; each contributing to our local revolution for savings and loans. Our members enjoy the benefits of saving safely together and being able to borrow at an affordable rate of interest if the need arises (subject to affordability), as well as the benefit of knowing that saving with us is a great way to support their local community.
We have offices open Monday to Friday at 4 Working Street in Cardiff and at 174 Holton Road in Barry, and also have information points across both counties. Please note that our informaiton points are currently suspended due to COVID-19, but will be re-introduced as soon as it is safe to do so. To find out more about what we are currently working on, please see our latest member newsletter.
Why not join online today: become a member and join us in our local revolution for ethical savings and affordable loans!