About Newport credit union limited
Newport Credit Union Limited is a financial institution that has been serving the community for over 30 years. The credit union was established in 1986 and has since grown to become one of the most trusted financial institutions in Newport, Wales. The credit union's mission is to provide affordable financial services to its members while promoting thrift and financial responsibility.
Newport Credit Union Limited operates on a not-for-profit basis, which means that any profits made are reinvested back into the business or returned to members as dividends. This approach ensures that members receive competitive rates on loans and savings accounts, as well as access to other affordable financial products.
One of the key benefits of being a member of Newport Credit Union Limited is access to low-cost loans. Members can borrow money at competitive rates without having to worry about hidden fees or charges. The credit union also offers flexible repayment terms, making it easier for members to manage their finances.
In addition to loans, Newport Credit Union Limited offers a range of savings accounts designed to help members save money and achieve their financial goals. Members can choose from regular savings accounts, Christmas savings accounts, and junior savers accounts.
Newport Credit Union Limited also provides free budgeting advice and support services for its members. These services are designed to help members manage their finances more effectively by providing them with practical tips on how they can save money and reduce debt.
The credit union's commitment towards social responsibility is evident through its involvement in various community initiatives such as supporting local charities and sponsoring community events. This demonstrates the company's dedication towards putting people before profit.
Overall, Newport Credit Union Limited is an excellent choice for anyone looking for affordable financial services from an institution that puts people first. With its not-for-profit approach, competitive rates on loans and savings accounts, flexible repayment terms, free budgeting advice and support services; it's no wonder why this credit union has become one of the most trusted names in finance in Newport, Wales.