The Co-op Credit Union

Eligibility

Getting started

All about you

Loan

Your application

Income

How much you make

Expenses

How much you spend

Confirmation

Review and join

I am employed by The Co-op, or a Co-op on the following list:

I am a retired employee of The Co-op, or a Co-op on the following list:

Please note, our join and borrow application is only available to employees of the organisations listed above.
Others can join the credit union by completing our join form here. We will then be happy to consider a loan application after we have received two consecutive months of savings payments via direct debit.

Title

First name

Middle name

Surname

Gender

Date of birth

Address

City

County

Post code

Period at this address

Address

City

County

Post Code

If you are applying online, we require you to provide us with your current mobile number and email address. If you do not have either of these, you can still apply, however, you will need to contact us to complete your application offline.

Mobile phone

Home phone

Email address

Confirm email

Beneficiary name

Relationship

Address

Post code

I pay my income tax in

Identity number

This loan calculator is for illustrative purposes only; the figures listed are representative and not guaranteed.

Loan amount

Loan term period

Interest rate

%

Savings

£

As a member, you must save a minimum of £10 per month whilst repaying your loan.

Purpose of Loan

Monthly Loan Repayment (inc Interest) (£)	Total Interest Payable (£)	Total Repayment (£)

Payments (£)

Interest Payable (£)

Total Payment (£)

You can join for as little as £1 per month for one entry, up to a maximum of £10 per month for ten entries.

I want to join the lottery

Amount

This is the account that we will pay the money to if your loan application is successful.

Account number

Sort code

In addition to your chosen monthly savings amount and loan repayment amount, a non-refundable membership fee of £3 will be deducted from your first payment to cover administration costs and an annual fee of £5 will be charged on or around 1st August each year. Your main account must hold a minimum of £5 at all times.

Payroll/Employer number

I authorise The Co-op Credit Union to arrange deductions from my payroll as set out above, beginning from the first possible pay day until instructed otherwise. I authorise The Co-op Credit Union to be notified of my leaving or termination of employment date.

Wages/salary

£

Other household income (monthly)

£

Source of other income

Name

Amount

£

Job Title

Status

Employer Address

City

County

Post Code

Employer Phone Number

Living Arrangements

Mortgage Term Remaining

Please specify:

Rent, mortgage or lodgements

Council tax

Home insurance

Life insurance

Car insurance

Travel or fuel

Electricity

Water

Gas

Telephone

Mobile

Cable/Satellite

Internet

Other

Clothing

Eating out/Take away

Food/Housekeeping

Leisure

Catalogues

Store cards

Savings

Other

Child care

Children's activities

CSA/Maintenance

Company name

Card limit

£

Card balance

£

Average monthly repayments

£

Company name

Amount owed

£

Monthly repayments

£

Income	Expenses	Difference

The Co-op Credit Union uses an online service which meets the requirement of anti-money laundering legislation, allowing us to verify the identity of new members. If we cannot find out enough information about you we reserve the right to ask for documentation.

The Co-op Credit Union will process your data in accordance with your rights under data protection legislation. Your personal details will only be shared with licensed credit reference agencies and for debt recovery purposes, should this be necessary. For further information, please see our privacy policy.

Your eligible deposits with us are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the £85,000 limit are not covered. For further information please visit www.fscs.org.uk.

I hereby apply for membership of The Co-op Credit Union and agree to the Terms and Conditions of Membership. I understand that a non-refundable membership fee of £3 will be deducted from my first payment to cover administration costs and an annual fee of £5 is charged on or around 1st August each year.

I declare that the information given on this form is true and accurate to the best of my knowledge. I understand that my main account must hold a minimum of £5.00 at all times. I agree that the personal information on this form and other information collected and held by the credit union can be stored on paper or electronically. All information is held in accordance with data protection legislation in the strictest confidence.

I acknowledge that I have read and agree to the privacy policy.

I declare to the best of my knowledge and belief that:

I am in good health

I am not in good health

I declare to the best of my knowledge and belief that:

I am fit to follow my normal occupation

I am not fit to follow my normal occupation

If not fit or in good health, please give details. (50 Characters Max)

Updating our member co-owners: as per our Terms and Conditions of Membership as-co-owners, we send members on average quarterly updates by email or SMS about what’s going on at The Co-op Credit Union.

If you are happy to receive additional marketing contact from us, please indicate your consent by ticking the appropriate boxes:

Phone

Email

Text message

Post

Have you been a member of our credit union before?

No

Yes

How did you hear about the credit union?

If you are subject to any of the following, please select and we will ask you to provide more information once your loan application is received:

I am subject to a County Court Judgement

I am subject to Bankruptcy

I am subject to an Individual Voluntary Arrangement

I am currently on Sick Leave

I am currently on Maternity Leave

I am subject to Undischarged Bankruptcy

I am subject to Mortgage and/or Loan Arrears

I am subject to a Debt Management Program

We may ask for copies of your last two months’ payslips and bank statements.

By clicking in the signature box below a tick will be inserted which will represent your electronic signature. As part of the sign up for membership we will be required to run a identify and verification check. If, for any reason, we are unable to verify your identity we will get in touch to arrange for you to provide us with your identity documents to complete the sign up process.

I hereby declare the above information is true and agree to the terms and conditions of the credit union.

Digital signature

Thank you for applying to join and borrow from The Co-op Credit Union- your application has been received and is almost complete.

Next Steps – We need to verify your qualification as a member:

We require a copy of your latest payslip. (Screen shots acceptable).
This can be emailed to credit.union@coop.co.uk or posted to The Co-op Credit Union, 1 Angel Square Manchester, M60 0AG

We look forward to welcoming you as a member soon and will keep you updated on the progress of your loan application.

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Thank you for applying to join and borrow from The Co-op Credit Union- your application has been received and is almost complete.

FINAL STEP – We need to verify your qualification as a member
· If you have joined as an employee – We require a copy of your latest payslip. (Screen Shots Acceptable)

· If you have joined from one of our member organisations, we require a copy of your membership card. (Photograph/Screenshot)

This can be emailed to credit.union@coop.co.uk or posted to The Co-op Credit Union, 1 Angel Square Manchester, M60 0AG

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Our join & borrow form is for employees and pensioners of eligible co-operative organisations. Other applicants must first join the credit union before applying for a loan. In addition, please confirm:

Unfortunately, you are not eligible to apply for a loan at this time. However, you may still wish to join the credit union. Apply to join here.

Membership eligibility Please select one of the following membership criteria

Current employees

Retired employees

Personal information

Where you live

Previous Address We require your previous address because you have told us you have lived at your current address for less than 3 years

Contacting you Please provide the information below so that we can contact you regarding your account

Beneficiary In the event of my death, I nominate as the person to whom there shall be transferred such property in the Credit Union as may be mine at the time of my death.

Overseas residents If you reside outside the UK, please complete the boxes below as we are obliged to obtain details of where you pay your tax for HMRC.

Loan amount How much money you are applying for

Projected loan repayments

Lottery The Friends of The Co-operative Credit Union Lottery helps fund work in support of The Co-op Credit Union and benefits members with the chance to win cash prizes. Our prize fund is over £1,500 each month.

Bank Details to Receive Loan

Repayment Details If your application is successful, your contributions will be taken by payroll deduction.

Income Please specify your total income on a monthly basis

Benefits Please specify your total benefits income on a monthly basis

Total income

Employment Details

Financial Information

Expenditure Enter your monthly expenditure on the following types of expenses. If they do not apply to you, enter 0 as the amount.

General expenses

Insurances

Utilities

Personal

Financial

Children

Credit cards List of any credit/store cards

Lenders List of current outstanding loans, hire purchase and finance agreements (e.g. buy now pay later)

Income and expenses

Confirmation

Declaration

Health declaration

Communication consent

Additional information It is important that we make sure we are here for as many people as possible from all different backgrounds. All of your information is kept strictly confidential and will have no bearing on the service from us.

Terms and conditions

We've received your application

Application reference number:

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We've received your application

Application reference number:

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Our join & borrow form is for employees and pensioners of eligible co-operative organisations. Other applicants must first join the credit union before applying for a loan.

In addition, please confirm:

Membership eligibility
Please select one of the following membership criteria

Previous Address
We require your previous address because you have told us you have lived at your current address for less than 3 years

Contacting you
Please provide the information below so that we can contact you regarding your account

Beneficiary
In the event of my death, I nominate as the person to whom there shall be transferred such property in the Credit Union as may be mine at the time of my death.

Overseas residents
If you reside outside the UK, please complete the boxes below as we are obliged to obtain details of where you pay your tax for HMRC.

Loan amount
How much money you are applying for

Lottery
The Friends of The Co-operative Credit Union Lottery helps fund work in support of The Co-op Credit Union and benefits members with the chance to win cash prizes. Our prize fund is over £1,500 each month.

Repayment Details
If your application is successful, your contributions will be taken by payroll deduction.

Income
Please specify your total income on a monthly basis

Benefits
Please specify your total benefits income on a monthly basis

Expenditure
Enter your monthly expenditure on the following types of expenses. If they do not apply to you, enter 0 as the amount.

Credit cards
List of any credit/store cards

Lenders
List of current outstanding loans, hire purchase and finance agreements (e.g. buy now pay later)

Additional information
It is important that we make sure we are here for as many people as possible from all different backgrounds. All of your information is kept strictly confidential and will have no bearing on the service from us.