We are delighted to be at the Birmingham Forward Steps conference today, Monday 22nd November. In Birmingham 37% of children are living in poverty, that’s 100,000. The Covid-19 pandemic has made things worse; a 4.7% increase. So many organisations in our city working together to tackle the problems many households are facing. As a credit union, AdvanceCU supports many local families manage their money well, able to save regularly and borrow affordably when they need to.Find out more
Some of the leaflets we’re distributing today are free and available from MoneyHelper, the new resource from the Money Advice Service and the Illegal Money Lending Team.
Thinking about Christmas? To help our members who want a Christmas loan top-up*, with effect from Monday 4th October members may top up their loan if the outstanding balance is £300 or less (increased from £200). Login to internet banking to check your outstanding loan balance and apply for your top-up.
Credit union member? the last date to apply for a loan before Christmas will be 18th December. Be sure to upload your 3-months bank statements to enable us to make your loan offer, or use OpenBanking if you are a Member. If we have your correct email contact details on file then we will send your loan agreement with instructions to E-sign your loan if possible.
Our loans start from £300, interest rates range from 9.4%APR to 42.6%APR. see our loans.
*Not available on FirstChoice loansApply for a loan
Covid-19 restrictions have eased, however Covid is still spreading rapidly in our region and can have serious health effects. If you haven’t yet been vaccinated, or received your 6-month booster, you can book this online on the NHS website.
Some of our customers may be vulnerable and anxious about restrictions being lifted. To keep our staff and customers as safe as possible please respect our Covid-19 guidelines:
Our customer counter is open from 10am -1pm Monday to Friday for new Members and those who are unable to use internet banking. If you are an existing Member do please use internet banking if possible so we can keep the counter free for new Members and those unable to use internet banking.
We have some rules to ensure we are all complying with the Covid-19 restrictions:
- Only one person and/or household in the customer area at any one time
- Queue outside with 2m distancing
- Customers must use the hand sanitiser provided at the counter
You are welcome to use our free WiFi and leaflets are now mounted in the outside lobby area, so no need to wait in the queue unless you really need to.