Bradford District Credit Unions Vision is to be well known locally serving the District for responsible savings, budgeting and lending.
To be a viable alternative to high street bankers and other high interest lenders. To expand membership and services in a sustainable way inclusive of financially excluded communities. To be a modern and ethical credit union that encourages savings, budgeting and lending for the future to members.
To deliver this vision the credit union will:
Ensure that we remain sustainable by increasing our savings and loan book allowing us to grow and serve members better.
Increase active new membership within the district & common bond area, support existing members and those whose financial exclusion prevents them from participating fully in society.
Be financially secure with effective governance, ensuring that we are able to offer improved services to our members.”
What does it do?
Bradford District Credit Union is a cooperative organisation who works in partnership to bring together people from all backgrounds, races and faiths to reduce financial exclusion and exploitation so people can make informed choices and lead independent lives.
Bradford Council ‘Health and Wellbeing’ department funds the Financial Inclusion Officer who is employed by the Bradford Credit Union to provide workshops and information to help people learn to budget, save, and borrow safely and ethically.
Savers have access to low cost loan to reduce reliance on payday lenders and loan sharks.
Members have access to a ‘Jam Jar’ debit card account that is a helpful tool in learning to budget and save. The budget card supported by the DWP as being helpful to people on low incomes and budgeting Universal Credit benefit that pays six benefits as one monthly payment.
The Credit Union partners with Bradford Council and NHS in providing staff with payroll savings and loans as well as providing workshops with patient groups.
Who is it for?
The Credit Union has 6,500 members who collectively save and borrow. •
We have savings accounts for all ages and backgrounds.
The Lord Mayor of Bradford endorsed the Credit Union as offering ‘Faith Friendly’ savings that are an ethical alternative to institutions that pay interest on savings as Credit Unions do not pay interest on savings but return any surplus back to members.
How do I access it?
All savings are instant access via internet banking or branch at Bradford City Hall.
People can sign up through any of the channels listed below.
The Bradford SEND Local Offer is a free and impartial service provided by Bradford Council. The information contained within the website is available for the purposes of identifying services and provision that are available to children and young people with special educational needs and/or disabilities. This information does not represent a recommendation or an endorsement of a Service or Provider and neither does the Bradford Council or its partners make any representations or warranties as to the accuracy of the information.
Anyone seeking to use or access a service or provision is responsible for undertaking their own checks to determine the suitability and fitness for purpose of that service and provision. Some providers will be registered and inspected by external agencies, such as Ofsted or the Care Quality Commission. Anyone working with children and young people will be required to have appropriate Disclosure and Barring Service Check (the replacement for the Criminal Record Check), safeguarding policies and insurance in place, which they should make available to you on request.