Rating based on 40 reviews

Capital Credit Union


  • Credit Unions up to £20,000
  • Low-interest starting from 16%
  • Repayment up to 60 months

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Capital Credit Union homepage

Author Capital Credit Union. Screenshot of Capital Credit Union website. [Accessed May 14, 2020]

About Capital Credit Union

As with all credit unions worldwide, credit unions are member-owned, community-based, financial organisation and in that respect, Capital Credit Union is the same.

We are owned by our members and people are at the heart of everything that we do. Capital Credit Union understands the needs of its members and provides a service that is in their best interests.

People helping people

Credit unions globally share the same ‘people helping people’ ethos and in recent times we have been able to extend our services to local businesses and other organisations within their area.

What can you expect from a credit union like us?

  • Credit unions are ethical financial cooperatives owned by their members.
  • Eligibility to become a member is unique to each credit union.
  • Each member holds a £1 share in the credit union.
  • Credit unions are not-for-profit organisations. They are created primarily to serve the needs of their members and the communities, in which they operate.
  • Any excess funds earned by a credit union are repaid to the members as a dividend.
  • Credit unions strive for improved loan and investment rates as well as improved financial services.
  • Credit unions are run by members, for members.
  • Each credit union has a volunteer board of directors.

Capital Credit Union Services

A credit union is a financial mutual cooperative, and thus the services offered are created and delivered with the best interest of members in mind.

Every member of a credit union must share something in common, for example, be living or working in the same area or working for the same employer.

How to benefit from our services?

You have to register as a member of Capital Credit Union and in doing so; you will become a part owner of the organisation.  Additionally, you have the right to attend our annual general meeting and influence the running and policies of the organisation. Being a member also gives you access to our services including loans and investment opportunities.

All of our loans include

  • Free loan protection insurance
  • No setup fees
  • No admin charges
  • No early repayment penalties
  • Please note that the above is subject to terms and conditions.

Capital Credit Union Product Details

  • Loan Type Credit Unions
  • Interest Rate from 16%
  • Loan Amount up to £20,000
  • Repayment 6 months to 60 months

Benefits of Capital Credit Union

  • Become a member and save
  • Low-interest rates
  • Flexible repayment terms and loan options

Capital Credit Union - A membership with benefits

Individuals who live or works in the following areas are welcome to apply to become a member of Capital Credit Union.

Although we have junior accounts available, full membership begins at age 16.

  • Edinburgh
  • The Lothians
  • Scottish Borders
  • Falkirk
  • Clackmannanshire
  • Fife
  • Angus

We have the following loan types available

  • Personal Loan
  • Joint Loans
  • Weddings
  • Additional Borrowing
  • Fast Track Loan
  • Capital Swift Loan
  • Loyalty Advance Loan
  • First Time Buyer
  • Deposit Match 'One'
  • Consolidation Loan
  • Credit Builder Loans

How much does it cost to join?

There is no fee to join Capital Credit Union as well as no annual membership fee, provided that you actively use the credit union and your accounts. 

Other facts

  • We offer to borrow with benefits.
  • Our sole source income is the interest we charge on loans.
  • Our profit is made purely for you, and it enables us to lend to other members in the future.
  • We have a simple model that works.
  • Members have access to a wide range of products such as personal loans to mortgages and more.

I am a member of Capital, when can I borrow?

If you are a member you can submit a loan application at any time.

I am not yet a member of Capital, can I borrow?

If you are not yet a member, please give our Member Enquiry Line a call and one of our friendly and helpful advisors will explain more about the Capital Credit Union and borrowing from us.  We will save you time as your loan application and a membership application can be processed at the same time.

Can I repay my loan early?

Yes, you can repay your loan in full at any time without penalty and you can make extra payments without any additional fees. By doing so, you lower the principal loan amount owed, which could save you interest over the entire loan repayment period.

Repaying your loan

Members who work for one of our select partner employers can have loan repayments directly debited from their wages or salary each payday via payroll deduction.  Additionally, we have Direct Debit facilities and additional payments can be made by debit card or cheque deposit.

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Capital Credit Union is a trusted & reliable provider of credit unions

In our review, Capital Credit Union adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Capital Credit Union is a registered credit provider in the UK; FCA number 213575

Customer Reviews & Testimonials

CCU provides members with the security they would have with banks but without all the extra costs that take away from your pocket. We have been members of CCU for a while now and with all the add...

Kiley D
— Bristol —

My husband and I were able to get a loan from CCU to help us in paying for our wedding. Without them, our big day would not have happened so soon!

Terry W
— Edinburgh —

Capital Credit Union Contact Details

Physical Address

  • Capital Credit Union 62 Hamilton Place Edinburgh EH3 5AZ Edinburgh England EH3 5AZ United Kingdom
  • Get Directions

Opening Hours

  • Monday 09:30 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 10:00 – 16:30
  • Thursday 09:30 – 16:30
  • Friday 09:30 – 16:00
  • Saturday – Closed
  • Sunday – Closed