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’ll get free life assurance
• South Yorkshire Credit Union offers a %
gross dividend instead of interest on savings
• 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 many collection points
throughout Doncaster
including at Armthorpe,
Askern, Balby,
Campsall, Carcroft,
Conisbrough, Dunscroft,
Edlington, Hexthorpe,
Hyde Park,
Intake, Mexborough,
Moorends, Thorne and
Woodlands.
SYCU hope to open more Collection Points throughout the
year.
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.
• Christmas Club –
visit our 'How to pay for Christmas' page to find out more about
the benefits of saving 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
03030 300010, 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