NORTHFIELD CHURCH
To Bootle and Beyond
Credit Union
UNFORTUNATELY THE CREDIT UNION HAS HAD TO CLOSE AT NORTHFIELD but there is still a branch at St John and St James' each Wednesday.
What is a Credit Union?
A Credit Union is a community bank where members can save and then take out loans a a low interest rate.
Who can join the Bootle Credit Union?
Anyone who lives or works in the Bootle, Litherland, Seaforth area.
How much does it cost to join?
£2.00 a year
How long do you have to save before taking out a loan?
A minimum of 12 weeks.
How much can you loan?
Up to twice the amount of your savings.
When you have been a member for 3 years and repaid 2 loans you can borrow up to 3 times the amount of your savings.
How do I repay the loan?
You pay an agreed amount every week or month.
What is the interest rate?
1% per month on a reducing loan.
Do I have to pay money in at Northfield Church?
No, there are a number of paying in centres in the area open at different times. For details see KGB website www.kgbcreditunion.co.uk
What other services does the Credit Union provide?
Life Insurance
Junior Savings Club
Christmas Savings Club
Low cost holidays
Loan protection
Schools collection points
Head Office Address: 110-112 Peel Road, Bootle
Telephone: 0151 222 3473
