The Credit Union is an independently run local co-operative organisation that offers loans and saving accounts for people who are living or working in the local area. The money that is collected in through savings is used to lend out in the form of loans. You can start saving from as little as £1. Deposits can be made at any local collection point by cash or cheque. You can even set up a standing order to make regular payments to your savings account, direct from your bank account. The Credit Union offer loans, savings and other financial products.