Not for Profit Organisation
Credit Unions are not-for-profit organisations which are owned and controlled by members, with no outside shareholders to satisfy. Members save regularly every month, and this forms a pool of money which is lent to members by way of loans at reasonable rates of interest.
Basildon Credit Union Ltd. is an ethically focused Financial Co-operative with our members at the heart of everything we do. We want our members to have a unique experience when dealing with our team and are fully committed to the principals of the FCA Consumer Duty which sets higher and clearer standards of consumer protection and requires us to put customers’ needs first. We recognise that our employees and Directors are critical to delivering a positive member experience and ensuring our members are treated fairly. Our culture and values encourage and support our team to do this.