We offer low interest loans to all members who have saved for the qualifying period of 3 months and loans are charged at 26.8%Apr, 23.1%Apr and 19.6%Apr subject to conditions.
We believe that having some savings for a rainy day is very important to our members and therefore we would always recommend this. This will give you a level of financial security for the future.
We have several accounts you can open including:
All savings are protected through the Financial Services Compensation Scheme, members’ savings are 100% protected.
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors (including most individuals and small businesses) are covered by the scheme.
You can save as little or as much as you like, as often as you like. the accounts are very flexible and can be paid in the following ways:
Engage is a visa debit card that truly benefits you, as the national brand for the credit union sevices. The card is ethical wiothout hidden charges, allowing rewards to save money on everyday expenses.
Engage is available for budgeting money for bills or even saving for something slightly more special. There will be an initial charge of £5 to open the account. Load fees are charged at £2 per load. The Engage card is everything a person needs
Engage can be used in a variety of ways including:
Fantastic rewards and offers available from national and local retailers when you use your Engage Visa debit card. You can have cashback rewards of up to 15% every time you use your Engage Visa debit card to pay for goods at any one of the following participating retailers.
Coventry & District Credit Union
144 Walsgrave Road
Mon: 10.00am – 4.00pm
Tues: 10.00am – 4.00pm
Wed: 10.00am – 1.00pm
Thurs: 1.00pm – 4.00pm
Fri: 10.00am – 3.00pm