As you may be aware Cheshire Neighbours Credit Union is currently winding-down the banking services we currently offer to our members, leading to closure of the business and members’ CNCU bank accounts.
This is with much regret, however, it is a decision which has been reached and agreed, by our Members who attended the Annual General Meeting on 11th March, 2020. Further information on this decision can be read under ‘AGM Minutes’.
To comply with our Banking Regulator’s guidelines on winding-down the business to closure, CNCU must:
STOP opening new savings and loan accounts immediately. All paperwork and information regarding these accounts is no longer accessible on this website
REPAY members’ savings and close the account (NOT savings attached to a loan account). Letters and emails are being sent with instructions and guidelines
At this time, all other bank accounts will continue as usual. We will advise you and give notice of the date when these services will be phased out.
Repayments must continue to be made to Loan Accounts, in line with your Credit Agreement. We will be looking at ways we can support you, if re-financing is required.
Engage Accounts/Engage Cards can be used as normal. However, Engage Accounts and Engage Cards will be discontinued with ONE MONTH of the business closing.
We will continue to support you with queries and advice and you can contact us by email at: firstname.lastname@example.org
Paperwork can continue be sent to our postal address at: 3rd Floor, Delamere House, Delamere Street, Crewe, Cheshire
If you are using CNCU as your main banking account, you will need to open a new bank account with alternative Bankers and advise your new bank details to CNCU, your employer and DWP (if you receive any benefit/s).
We have spoken to West Cheshire Credit Union, who would be happy to help you with new banking services, they can be contacted by email at: email@example.com
Or visiting the WCCU website, who are offering an exclusive offer, allowing you to open a new account online with no £5 membership fee until 31st July 2020