A Message to Our Members About Covid-19

What we are doing to navigate this unprecedented situation.

Our members are at the heart of all that we do and we are working hard to make sure you can access your money, whilst protecting our staff and volunteers.

To ensure that everyone is aware of what we are doing in these truly challenging times, we have a news page which we will update regularly together with articles on our blog.

We are here to help, so if you have any suggestions, we are happy to listen. You can get hold of us using the details on our contact page

Welcome

A safer way to save, a cheaper way to borrow.

The City of Plymouth Credit Union is an ethical,  not for profit, member-owned financial organisation.

We are dedicated to the economic development of the community in Plymouth, Devon, Cornwall and the Isles of Scilly, providing financial services to all our members including those who have been excluded from traditional services and who are often badly served by existing financial organisations.

We offer a real community-based alternative to banks and building societies. Using our members' savings, we provide loans at affordable, highly-competitive interest rates. We can provide assistance to members with our budget accounts to help ensure those important bills are paid on time. And, subject to certain terms and conditions, our members' Savings and Loans are covered by FREE life insurance.

We work in partnership with many local councils throughout the area to provide members with financial products and services which they find invaluable.

Compare our loan rates and see how much you can save

Cost Estimate for Loan of £500 over 6 months

Why not explore this web site to see what we can offer you.

1997 - The West Plymouth Credit Union was officially registered. Our common bond was limited to Mount Wise, Devonport, Keyham, Ford, Stoke and Pennycomequick.

1999 - Moved into first office at Community Corner, Wolseley Road Flats.

1999 - Our common bond was expanded to include North Prospect, Ham, Camels Head, Peverell and Pennycross.

2001 - Moved into current office at 14 Cumberland Street, Devonport.

2002 - Accounts computerised and first paid staff employed.

2002 - Credit unions became subject to regulation by the Financial Services Authority.

2006 - Our common bond was expanded to include the whole of Plymouth and our name was changed to the City of Plymouth Credit Union.

2007 - Began offering our capacity-based Wise Finance loans.

2010 - Plymouth City Council and Plymouth CityBus payroll deduction schemes launched.

2011 - Our Local Housing Allowance scheme launched.

2011 - New website enabling online account access launched.

2016 - Merger with HOPE Credit union.

2016 – Expansion of Common Bond to include the whole of Devon, Cornwall and the Isles of Scilly.

2018 – Launch of new loan products including our Savings Secured Loan with its lowest-ever 5% flat (5.12% APR) interest rate.

2019 – Launch of our new portfolio of loan products – easier to understand and apply for.

2020 - Launch of our new Family Budgeting Loan

2020 - Partnership with Nivo to provide online services

Registered Office: 14 Cumberland Street, Devonport, Plymouth, PL1 4DX  Registered Number IP00511C
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the
Prudential Regulation Authority.  FRN 213937
A Member of the Association of British Credit Unions Ltd (ABCUL)