WHAT IS A CREDIT UNION ???

A Credit Union is a profit-sharing, non-political, financial co-operative. It is owned and controlled by its members, and exists to help members to save and borrow in a fair ethical way

IS ESSEX SAVERS A SAFE PLACE FOR MY MONEY ???

YES! Credit Unions are insurred against fraud and dishonesty

WHO RUNS THE CREDIT UNION ???

A volunteer management group, elected by members

ARE THERE ANY OTHER BENEFITS ???

Yes. Credit Unions purchase group life Insurance policies and Loan Protection Insurance at no charge to individual. The only exception to life cover is if death occurs within 6 months or taking a loan, if the cause of death is from an existing medical condition. You will have the satisfaction of knowing that your savings are helping yourself and others locally at no risk to yourself. Credit Unions trade ethically.