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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:
- Wash your hands regularly – see NHS guidance how to
- Avoid touching your face – see this BBC article to understand why
- Stay at home – see government guidance
- Do not come to our office; the counter is closed. There are better ways to contact us; online chat, internet banking and email.
- Our phones are very busy at the moment, if you can avoid phoning us that would help free up our phone line for those who really need it. Internet banking, Online chat and email are quicker, easier and helps us to deal with more Members.
- Use our internet banking for share withdrawals; it’s quick and easy.
- 80% of our Members already use our internet banking, if you need some help setting this up please see the instructions here, watch our video or send us a message and we’ll talk you through it.
- If you think that you may be struggling with loan repayments due to the Coronavirus situation then please let us know. We will be as helpful as we can.
- If you’re worried about your financial situation because of Coronavirus, please contact us and we will do what we can to help.
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.
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.
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.Book Now
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
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.
|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 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.
Don’t miss out on our Christmas top tips to help you get the most for your money this Christmas.
Our loans start from £300, interest rates range from 9.4%APR to 42.6%APR. see our loans.
We’ve been working overtime Advance Credit Union, nearly 1,000 loan applications in December and we’ve processed all of them!
We are still waiting for some applicants’ bank statements to verify affordability, so do check your messages if you think you’re awaiting a loan decision.Apply for a loan