Advance Credit Union Ltd

Advance Credit Union Ltd

At a glance


  • Financial inclusion

Other details

Geographical remit: 


Advance Credit Union serves the communities of Birmingham and Solihull providing affordable and accessible financial services.

Credit Unions are financial not-for-profit co-operatives. We offer a convenient and safe way to save for the future and a cost-effective way to borrow ethically and responsibly. Serving over 5,000 members and growing. More than £2.5m is loaned to our members annually. We encourage everyone to save regularly whether by standing order, benefits paid in or by Payroll Deduction. 

Advance Credit Union Ltd is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered number 213228. Registered Company No. IP00130C. We are members of the leading credit union trade body Association of British Credit Unions Ltd (ABCUL). We are a registered Living Wage Employer.


We offer a range of financial services to achieve our objectives:

  • Regular saving - we encourage all our members to save regularly
  • Affordable loans - our loans are very competitively priced
  • Christmas Club savings
  • Life insurance on savings and loans
  • inclusive financial services - our Engage Account is a great way to manage money, particularly those without a bank current account. 
  • we treat all members and potential members equally and with dignity
  • Profits are returned to our members as a dividend, typically 1%.
  • We partner with local organisations and employers to improve financial wellbeing in our community

Current opportunities

West Midlands, B4 6SX

As a community-focused credit union we serve our Members and the wider community to enable people to manage their money securely and responsibly,...