Good features of Credit Unions.
• It’s much easier to open a credit union
account than a bank or building society account
• You can save as much or as little as you like and as often as you
like
• It’s easy to save at local collection points or direct from your
wages
• You will get free life assurance
• South Yorkshire Credit Union offers a 2% dividend (£2 for every
£100 you save)
• South Yorkshire Credit Union offers a 5% discount for savers who
withdraw their money as vouchers. For example, if you
saved £100 you receive vouchers worth £100, but keep £5 in
your savings as a bonus
• Credit unions offer low cost loans to their members
• If the credit union goes bust you will be able to get most or all
of your money back
In addition, South Yorkshire Credit Union has branches in
Stainforth, Doncaster, and
Denaby.
There are also collection points throughout Doncaster at the
following times and locations:
| Monday |
Edlington Children's Centre |
Edlington Lane |
9.00 - 5.00 |
| Tuesday |
Intake Children's Centre |
Ardeen Road |
11.30 - 2.00 |
| Tuesday |
Redman Centre |
Carcroft |
10.30 - 12.00 |
| Wednesday |
Askern Spa Junior School |
|
10.30 - 12.00 |
| Wednesday/Thursday |
Cantley Children's Centre |
|
|
| Wednesday |
Alexander House |
Askern |
10.30 - 12.00 |
| Thursday |
Wellingtonia Centre |
Campsall |
10.00 - 11.30 |
| Thursday |
Shaw Wood School |
School |
9.00 - 12.00 |
| Thursday |
Linney Centre |
Western Road, Balby |
9.30 - 11.00 |
What else does South Yorkshire Credit Union
offer?
• Savings accounts –
these do not pay interest, but may pay a dividend. For this reason,
they can be used by Muslims as this
does not breach Sharia law.
with South Yorkshire Credit Union for
Christmas.
• Affordable loans –
the interest rate is 25.36% APR. Members on benefit need to have
a benefit paid into their credit union
account. Members not on
benefits have a standing order from their bank paid into their
account.
PAY YOUR RENT
To see how South Yorkshire Credit Union loans compare to
doorstep lenders and other high interest borrowing, visit our
'Repayment Comparisons' page. You can also find
out more about borrowing money from high interest lenders on our
'Doorstep Lenders' page.
Members can also benefit from the following:
• Debt advice
• Budgeting advice
• Help with choosing credit
• Free life insurance on savings
• Support and encouragement to save
How do I join?
You will need to fill in an application form and provide proof
of your identity and where you live.
How can I find out more and contact South Yorkshire
Credit Union?
You can call South Yorkshire Credit Union on
0303 030 0010 or visit one of their offices:
Barnsley branch: 70 Market
Street, Barnsley, S70 1SN
Denaby branch: 9 Grays Court, Denaby, D12
4UW
Goldthorpe branch: 49 Barnsley Road,
Goldthorpe, S63 9LT
Stainforth branch: 8 Station Road,
Stainforth, DN7 5QA
Waterdale branch: 5 Queensgate, Doncaster, DN1
3JN
Wombwell branch: 59/61 High Street, Wombwell,
S73 8HS