South Manchester Credit Union
What is SMCU?
We are a savings and loan club in which members pool their saving in order to make loan to members. The Union is run by unpaid officers elected from the members and general policy is decided by meetings of members. Any profit made from the interest on loans is distributed annually as a dividend. We are regulated by the Financial Services Authority and are members of ABCUL.
Who Can Join?
Membership is open to people who live or work in the wards of Barlow Moor, Burnage, Chorlton, Didsbury, Fallowfield, Levenshulme, Old Moat, Rusholme, Whalley Range and Withington. See map. Under 16's can join our Junior Savers Club.
Why Join?
Save weekly or monthly.
Use a collection point or standing order.
Access low cost loans
Your money is safe, savings are automatically insured, if you die your dependants can get up to twice the value of your savings (actual value depends upon your age) and any outstanding loans are paid off.
How do I Join?
Download an Application Pack Here, or pick them up from any of the Collection Points.
Take completed forms, proof of ID and Date of birth (eg. driving licence, passport, birth certificate and N.I. Card), proof of address (eg. utility bill), £1.50 membership fee and at least £1 as an initial deposit to any of the Collection Points.
Do not worry if you do not know any other members to act as proposer and seconder, somebody at the Collection Point will be able to help you
If your connection to the area is through work and not residence a letter from your employer showing where you work is also required.
Can I Help?
The Credit Union is run for and by the members. Members are needed to help
at collection points
in the office
plan social events and fundraising
If you can spare a little time download a volunteer form HERE
Thanks to
For their Community Grant which funded this website