Philosophy

As a Credit Union we have a different philosophy and a different organisational structure to most other financial institutions. We are run as a co-operative so by joining our credit union, you can have a say in how we work.

As a mutually owned organisation with no outside shareholders, all profits after providing for necessary reserves and administration are returned to you by way of a dividend or additional services.

The Credit Union is a savings organisation where funds are pooled to provide loan monies for other members.

The cost of membership is from $23.64 per annum. Application forms are available at all branches and agencies.

Credit Rating

Manchester Unity Credit Union has been assigned a B+/B Ratings; Outlook Stable credit rating by Standard and Poors on the 13th December 2011. Securities rated in this category are not investment grade.  A more comprehensive report of the current rating is available here.
 
Credit ratings issued by Standard & Poors Rating services are solely statements of opinion and not statements of fact or recommendations to purchase, hold or sell any securities or make any other investment decisions .  Accordingly any user of credit ratings issued by Standard & Poors Ratings Services should not rely on any such ratings or other opinions issued by Standard & Poors Ratings Services in making any investment decision.  Credit ratings may be changed, withdrawn or suspended at any time.
 
For further information or a copy of the Registered Prospectus and Investment Statement please contact us or phone us on 0800 68 28 48.