Latest News Stories


You may have concerns about how the Coronavirus/Covid-19 situation could affect you and your money. See this page for the resources available at this time. 

Advance Credit Union is ‘business as usual’; your money is safe and share withdrawals, deposits, loan applications are continuing as normal. We are seeing an increase in emergency loan applications and we are dealing with these as quickly as we can. 

From Tuesday 24th March our customer counter will be closed until we are permitted to open again to the public. Our phones are unchanged; 10am-3pm Monday to Friday. 

We are now strongly encouraging all our Members to activate internet banking so they can continue to manage their money easily. 

There are a few things we can all do to keep everyone safe:

Coronavirus FAQ

Chamber Spring Expo 12th March

Happy employees and a productive workforce – what could Advance Credit Union do for your business and employees? We had a great day at the Greater Birmingham Chambers Expo at Aston Villa FC on Thursday – our first time there and we were the headline sponsor!

It’s easy to tell employees and work colleagues about our simple savings & affordable loans plus we can easily set up a payroll deduction scheme for employee financial wellbeing. Find out more about what we can do for Chamber members

Members AGM 29th February 2020

Thanks to everyone who attended our Annual General Meeting (AGM) on Saturday 29th February and joining in with questions and comments. We were delighted to have MP for Erdington (and a Member of our credit union) Jack Dromey open our AGM. 

Thanks also to Oikos Cafe on Erdington High Street for hosting us.

We are pleased to confirm that the AGM approved a 1% dividend on savings, this will be processed on members’ accounts as soon as possible.

We also outlined our exciting plans for a new second location, enabling us to extend the reach of Advance Credit Union across Birmingham.

Members AGM 29th February 2020

Our Annual General Meeting (AGM) will be on Saturday 29th February 2020, starting at 10.00.

We will be meeting at the Oikos Cafe on Erdington High Street. The cafe is between HSBC bank and Co-operative supermarket just a short walk from our office, see the map below. We will be meeting upstairs, tea, coffee and biscuits will be provided.

All Advance Credit Union members are invited to attend, this is a great opportunity to hear about the work we’ve been doing and to approve the annual dividend payment on members’ savings. We will also explain to members some of the exciting plans we have for the future. 

Please note that the credit union will be closed to customers on Saturday morning to allow members and staff to attend the AGM.

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Welcome to 2020

Happy New Year from Advance Credit Union! Whatever your plans are for 2020 credit union is here to help you get the most from life. Now is the perfect time to review your finances with a realistic budget and think about what could improve your life – your home, plan for a holiday, new car, if you need to consider a debt consolidation loan, just let us know.  

Even if you have no big plans for this year, saving regularly just a small amount can soon give you a handy sum for when you need it.

Christmas 2020 is only 12 months away 😃 don’t forget to tell us how much you’d like to save each week or month towards next Christmas in Christmas Club.

join Christmas Club


Christmas Opening 2019

Happy Christmas from Advance Credit Union!

Our staff will be taking a well-earned break over Christmas so opening hours will be reduced. We will however be open till 1pm on Christmas Eve Tuesday 24th December. We are open Monday 30th and Tuesday (New Year’s Eve) 31st December, closed New Year’s day then reopen as usual on Thursday 2nd January 2020.

Members expecting benefits payments over the Christmas period should receive their benefits as usual or on the working day prior. See Government website for payment dates: Child Benefit, Tax Credits, Universal Credit

Opening Times:

Sat 21st Dec open 9.30 – 12.00
Sun 22nd Dec closed
Mon 23rd Dec open 9.30 – 4pm
Tues 24th Dec open 9.30 – 1pm
Wed 25th Dec closed
Thurs 26th Dec closed
Fri 27th Dec closed
Sat 28th Dec closed
Sun 29th Dec closed
Mon 30th Dec open 9.30 – 4pm
Tues 31st Dec open 9.30 – 1pm
Wed 1st Jan 2020 closed
Thurs 2nd Jan usual opening hours 9.30 – 4pm


Christmas Loans 2019

Christmas presentChristmas is now upon us, always our busiest time for savings and loans. Nearly 1,800 Members have borrowed more than £900,000 in the run up to Christmas plus £90,000 saved in our Christmas Club. We’ve also welcomed 337 new Members. 

Christmas 2020 is only 12 months away 😃 don’t forget to tell us how much you’d like to save each week or month towards next Christmas in Christmas Club.

join Christmas Club

Don’t miss out on our Christmas top tips to help you get the most for your money this Christmas.

Loan applications will be processed again from 30th December. You can join as a member and start saving with us at any time. Find out how to join credit union

Our loans start from £300, interest rates range from 9.4%APR to 42.6%APR. see our loans.








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