Credit Unions

What is a Credit Union?

A credit union is a means of saving and borrowing for its members.

How Credit Unions work?

Credit unions aim to help you take control of your money by encouraging you to save what you can, and borrow only what you can afford to repay.

They are community savings and loan cooperatives, where members pool their savings to lend to one another and help to run the credit union.

For more information contact:

Taunton Deane & West Somerset Credit Union (trading as Moorvale)
c/o Taunton YMCA
Lisieux Way
Taunton  TA1 2LB
Tel. (01823) 336425