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MembershipOver 140 million people in over 90 countries are part of the Credit Union Movement. You can be part of that too. Other financial institutions are in business to maximize profit, Credit Unions are in business to maximise service. | Riverside Credit Union & You - A Partnership?A credit union is a democratically run, not for profit co-operative which offers savings and loans to its members. At the Riverside Credit Union, You are not just the customer but a co-owning member. RCU is regulated by FSA and every member at RCU is entitled to have the same level of protection as any other bank or building society in the UK. We are a Member owned organisation & each member makes regular payments into a common pot. This fund then provides the basis for low interest loans. Loans are available for any worthwhile purpose, such as holidays, Christmas celebration expenses, home improvements etc. The income generated by lending, helps us meet our operating expenses and employ the members of staff. The main aims of Riverside Credit Union are: - Encourage members to save regularly
- Provide loans at very low rates
- Provide members with help and support on managing their finances
| Who can join?Any person living or working in the Speke/Garston (L19/L24) Areas of Liverpool can join the RCU. This is called a ‘common bond’ and we welcome anyone regardless of income, employment status or age. | How to join?You can become RCU member by completing the online application form and supplying us with required details. You can also get an application form at one of our branch offices, by telephoning us at 0151 448 0565 or download an application form by clicking here. For more information please call us at 0151 448 0565. |
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