South Yorkshire Credit Union

The main credit union in Doncaster is South Yorkshire Credit Union (formerly Danum Credit Union).

Credit unions offer an easy way to save and financial services such as low-cost loans.

Credit unions are not-for-profit organisations and are owned and controlled by their members. The credit union decides who can become a member. This may be based on where someone lives or works. For example, members of a credit union will often live in the same area. This is called the common bond. To join South Yorkshire Credit Union, you must live or work in the Metropolitan Borough of Barnsley, Doncaster or Rotherham.

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.

• 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 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