Clockwise is one of the UK’s fastest growing credit unions. Founded over 30 years ago, Clockwise serves the people of Leicester, Leicestershire, Rutland, Warwickshire and Northamptonshire. As a not-for-profit organisation, we offer members a range of savings products with interest rates up to 4.5% pa, and affordable loans specifically designed for people who otherwise would find it difficult to borrow.
Clockwise is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
We are financially robust, and have just successfully developed and launched in-house our own advanced IT platform, making us the leader in this field. Currently, Clockwise has over 23,000 members, with outstanding loans of £9.8 million, and total assets of over £12 million. We have successfully completed two mergers in the past 24 months, and we are ambitious to expand our services to the community still further.
