Bedford Credit Union - Bedford
Credit unions are financial co-operatives owned and controlled by their members. They offer savings and great value loans plus they are local, ethical and know what their members want. Each credit union has a "Common Bond" which determines who can become a member of the credit union. The common bond for Bedford Credit Union relates to people living or working in the area. The members save regularly and create a fund to make loans to each other. The Credit Union offers a basic financial service to its members. BCU currently have over 1200 members who make use of our services and our membership is growing every day.
Bedford is a member-owned organisation, a social enterprise - the surplus income generated from loans is returned to the members as a dividend on their savings or re-invested. Also available to the residents of Bedford and Kempston and North Central Bedfordshire (under 18 years of age) is the thriving Junior Account. Currently we have over 150 junior members.
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