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Burnley area community credit union

Community Credit Union

We provide a savings and loan service for anyone who lives or works in Burnley. The Credit Union is a democratically run co-operative providing a confidential and competitive alternative to mainstream banks and high street, high interest loan providers. It is a not-for-profit organisation which keeps money re-circulating in the local economy. Savings are guaranteed by the Financial Services Authority. Savings and loans up to £7500 with BACCU attract free life insurance.

Our principal services are:

  • Savings: Member’s deposits are held in a share account, and an annual dividend is paid on these shares.
  • Instant withdrawals up to £100 are available from our main office in Parker Lane.
  • Pre-paid Debit cards are now available.
  • Holiday and Xmas account: Save for these special occasions.
  • Junior Accounts: for members up to 16 years of age.
  • Personal Loans: available to members over 18 years of age. Amounts small or large can be borrowed. Terms and conditions apply.
  • Loan Interest at competitive rates is paid on the reducing balance of the loan, and interest rates are lower for the larger loans – significantly less than credit card rates, and much less than high street providers such as Provident or Brighthouse.
  • Flexicredit: This works like an overdraft. Established members with a good track record may apply to have a credit limit on the basis of making regular payments into the account.
  • Green Loans – for energy efficient appliances or home improvements.

Contact Details

Hilary Ward

BACCU
47 Parker Lane
Burnley
Lancashire
BB11 2BU

01282 685151

www.baccu.co.uk

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