Borrow while still protecting your savings

The CNCU Secure Loan is designed for you to borrow while still protecting your hard earned savings. This loan is a fantastic way of keeping them intact, we all know how hard it can be to save a substantial amount of money up, especially if you don’t think you’ll be disciplined enough to save again.


  • Our lowest interest rate ever at 1% per month (12.7% APR)
  • Borrow against your savings to keep them protected and intact
  • Borrow between £500 and £7500, from 12 to 60 months
  • Make extra repayments and clear your loan early with no charge
  • Members must be over 18 years to apply

The costs

Any member of the Credit Union can apply as long as you have the savings to cover your borrowing. For example if you are applying for a loan of £2,000, you must have £2,000 saved in the Credit Union already in order to guarantee your loan.

The interest rate is 1% per month (12.7% APR) however because you can take the loan out over a period of 1 to 5 years, you are able to keep your repayments very low, should you wish.

The benefits over using your savings

There’s nothing to stop you using your savings, but this is a great way of keeping them intact, especially if you don’t think you’ll be disciplined enough to save them up again.

Apply for a Secure Loan

The Secure Loan is only available to members who have saved with CNCU for 12 weeks or more. If you have not done so already, please join us before applying for this product.

Please complete and return the Loan Application Form  or Contact us for more information.

 All loans are subject to status and our lending criteria.