Police Credit Union Limited

At the Police Credit Union we proudly serve our members and do so exclusively.

As a not for profit financial services operation, we serve and protect our members through seven key regional branches including various local contact points across England and Wales.

Free membership

The Police Credit Union has no membership fee and members make a sound decision about how to handle their finances optimally by choosing to become members. All you have to do is open a Rewarder regular savings account and you have your membership.

Our common bond

Our members come together with fellow colleagues in the police and law enforcement for optimal investment rates and low interest rates on personal loans. The surplus funds made by the credit union, after operating costs has been paid and the reserve amount is kept, is paid to members in the form of a dividend.

Wider membership

As the credit union was set up by the police, it was established to serve retired police officers/police staff and their household members. But since then, our membership has grown to include, prison officers, probation officers and members of the armed forces. Up to date we have over 25,000 members and we operate from regional branch offices mainly covering England and Wales.

Reputable, reliable and regulated

We are authorised and regulated by the same bodies that cover banks and building societies.

We have a wide range of quick loan types available for our members and their specific requirements.

Loan types available

• Starter Loans
• Fixed Term Loans
• Responder Loan
• Top Up Loans
• Reloader Loan
• Budget Loans
• Optimser Loan
• Secured Loans

Benefits of our loans

• Long and short term loans can be for any purpose
• No set up fees
• Same day bank transfers once loan is approved
• No early repayment penalties
• Fixed rates for the whole term of the loan
• Same interest rate payable, which is not affected by your credit rating
• Interest calculated on reducing balance
• Life cover provided, at no extra cost. Terms and conditions apply
• Save while you borrow

The aims of a credit union

1. Promote and maintain the financial wellbeing of members by helping them to build up their savings
2. Offer members of the union expert financial services and products at a fair and reasonable rate of interest
3. Protect the members’ savings and invest it to their benefit
4. Offer members guidance on effective managing of their financial affairs
5. Simple, secure financial services to meet police and protective services employees’ needs