• Welcome to the Gloucestershire Credit Union

    Low cost loans and a safe place for your savings
    Gloucester Credit Union Head Office
    Gloucester Library
    Brunswick Road
    Gloucester
    GL1 1HT

  • Better than a bank

    The three main aims of GCU are:
    • To encourage its members to save regularly.
    • To provide loans to members at very low rates of interest.
    • To provide members with help and support on managing their financial affairs (if required).

  • Low-interest loans

    After you have saved with us for a little while you can borrow an affordable loan at a low interest rate

  • For the people of Gloucestershire, Run by the people of Gloucestershire

    Gloucester Credit Union has many collection points across the County, making it easy for you to access our services.

     

    Accounts

    Its easy to set up an account with Gloucestershire Credit Union.

    You will need to complete an application form (collect from one of our collection points or we can post one to you) and provide some ID. Find out more in our ‘How To’ section of the website.

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    Savings

    As a member you can make regular savings, depositing as little or as much as you wish. These savings then form a shared pool of money from which loans are made to members.

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    Loans

    When members have been saving for a certain period of time (usually about 12 weeks) they can apply for a loan from the pool. Interest on the loan is usually charged at 2% per month on the monthly reducing balance – this equates to 26.82% Annual Percentage Rate (APR). The interest charged on loans is GCU’s income.

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    Opening Hours

    There are various collection points throughout Gloucestershire. A full list is available here.

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    Latest News

    From Monday 14th October Gloucestershire Credit Union will only make payments to members by BACS transfers directly into bank or building society accounts. BACS is an electronic transaction and means that money is transferred more quickly and is safer than using cheques.

    Loan Calculator

    Please use the calculator below for information on repayments on loans from GCU.

    Loan Calculator