About Barrow and District Credit Union
Barrow & District Credit Union is an ethical, not for profit, financial co-operative which serves our members in Barrow and South West Cumbria with savings and loans facilities.
We offer an ethical alternative to high-profit lenders and a lifeline to those who struggle to access financial services. Our aim is to stamp out loan-sharks and doorstep lenders in our area by offering affordable and manageable credit that works for you. We are owned by our members, backed by our community, and have no external shareholders to pay.
How we work
Members save with us.
We pool together these savings to offer our members affordable, low-cost loans.
We generate income from the interest made on the loans.
We use that income to cover business running costs.
Any surplus after that is given back to you in the form of a dividend which is agreed at the Annual General Meeting.