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About us

We are a not for profit community organisation, owned & controlled by our members – people who live & work in the Coventry area. 

We are committed to thrift, education & equality. 

Members’ savings are used to fund loans to other members at fair & reasonable interest rates, and the interest paid back on loans is used to fund a return on members’ savings.

We don’t have shareholders taking a slice of the profits.  Instead everything we do benefits our members in the local community.

Coventry and District Credit Union began as a savings club in 1964 in Willenhall and registered as a Credit Union in 1990.

In 2001 then again in 2003 we merged with Stoke Aldermoor & Wood End Credit Unions.  We currently have a city-wide remit, extending to some areas outside Coventry.

We are a member of The Association of British Credit Unions - ABCUL. We have been established for over 25 years and our work within Coventry is recognised by both Statutory and Voluntary Agencies.