Rating based on 29 reviews

NHS Credit Union


  • Credit Unions up to £25,000
  • Low-interest starting from 9.4%
  • Repayment up to 84 months

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NHS Credit Union homepage

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

About NHS Credit Union

Since our establishment in 1998 up to date, the NHS Credit Union now has more than 15,500 valued members across Scotland and the north of England.

Our membership is growing at record rates. Founded by Robert Rae, in his role as UNISON Branch Secretary of the Southern General Hospital, Glasgow, the credit union was established to promote financial wellbeing of lower paid employees.  

Modern, affordable banking services

The purpose of the credit union is to offer employees modern banking products and affordable loans. Rae together with other union members signed up 625 members in its first year.

Common bond requirements

There is a common bond, which determines who is eligible to become a member of the organisation. The NHS Credit Union is restricted to employees of the National Health Service its qualifying contractors in the following areas:

  • Scotland
  • North West
  • North East
  • Yorkshire
  • Humberside regions of England


NHS Credit Union Services

Members of credit unions have access to a wide range of loan products, options, and services.

Our personal and short-term loans are designed for any purpose from buying a new car, paying for an exotic holiday, a dream wedding, or new home improvements. You choose what you would like to spend the money on. 

Our loan products at a glance

  1. Unsecured Loan – A loan option that is easy to apply for and does not require security
  2. Budget Loan - A revolving credit facility for members
  3. Education Loan - Borrow up to £5,000 to help fund higher education
  4. Credit Rebuild Loan - A loan designed to assist members with rebuilding their credit rating
  5. Secured Loan - A loan option, often of larger amounts that are secured against your savings

Unsecured loans available

Our unsecured quick loans are designed for members who need to apply for more than what they have available in their current savings. The minimum sum requirement that is to be available is £500. However, you can apply for additional borrowing even if you still have a loan balance outstanding. Use our handy calculator to help you work out the repayments on a loan amount.

NHS Credit Union Product Details

  • Loan Type Credit Unions
  • Interest Rate from 9.4%
  • Loan Amount up to £25,000
  • Repayment 1 months to 84 months

Benefits of NHS Credit Union

  • Use your loan to consolidate debt 
  • Get unsecured loans options
  • Quick and easy online loan applications
  • Our loans have competitive interest rates
  • Easy repayment options

Get a loan of up to £25,000 today!

Our loans offer members a range of benefits.

Competitive loans from your credit union

Awarded five-star status by the independent Fairbanking Foundation, our personal loans are designed to the benefit and best interest of our members.

Before you apply for our unsecured loan option

There are a few requirements that you will need to meet.

  • Firstly the balance in your savings must at least equal the cost of one monthly loan repayment including an additional £5 for a minimum shareholding amount.
  • After just one monthly or four weekly payments to their savings account, new members are eligible to apply for a loan.
  • Provided that you can afford the repayments for your total borrowing requests, you can apply for additional borrowing three months from your last loan application.
  • Members must not be bankrupt.
  • Members must not be entered into a Trust Deed, DAS, IVA or DRO.
  • Members must meet the eligibility criteria to repay the loan.

Benefits of our unsecured loans

  • Easy repayments makes repaying your loan stress-free
  • Competitive, fair and affordable rates
  • Free loan protection scheme in event of passing away
  • Your savings grow while you repay the loan
  • Awarded a five star rating by the Fairbanking Foundation

Product features

Members of our credit union have access to a total borrowing of up to £25,000, with repayments spread over up to seven years and members continue to save while repaying the loan. There are no early repayment fees.

Other loan types available

  • Budget loans
  • Education loans
  • Credit rebuild loan
  • Secured loans

Customer Reviews & Testimonials

They provide me with the options of getting either a secured or unsecured loan that is still affordable and won't break the bank.

Ashland H
— Brighton —

Fair interest rates and nice easy to afford and manage repayment times.

Artie T
— Greenock —

NHS Credit Union Contact Details

Physical Address

  • 3B, Pavilion, Moorpark Court, 9 Dava St, Govan Glasgow England G51 2JA United Kingdom
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed