A Credit Union is a not for profit financial co-operative that exists to help its members manage their finances better by providing savings facilities and access to low cost loans. When you open a savings account with Wirral CU, you become a member. Wirral Credit Union members’ make regular payments into their savings account either directly from their salary, if their employer is able to make payroll deductions, or by standing order from their personal bank account. These savings accumulate over time and allow the member to budget for future expenses or to apply for low cost loans based on multiples of the amount of savings they hold. Every member is a shareholder of Wirral Credit Union and as such is entitled to an annual dividend on their savings where applicable.
