New Central Credit Union Ltd

New Central Credit Union Ltd

At a glance


  • Financial inclusion
  • Local / community
  • Young people

Other details

Geographical remit: 


New Central Credit Union (NCCU) is a not for profit financial co-operative providing a range of financial services to our member.  It is managed and controlled by its members and is covered by the Financial Services Compensation Scheme.

  1. the promotion of thrift  by encouraging members to save
  2. the creation of sources of credit for the benefit of our members at a fair and reasonable rate of interest
  3. the use and control of members’ savings for their mutual benefit
  4. promoting the training and education of members in the wise use of money and in the management of their financial affairs
  5. to help reduce financial hardship across Coventry and Warwickshire.


Providing alternative retail financial services to members of public.

Affordable loans to members with low income group and financially excluded, people with poor credit history.

School banks to encourage money management education in schools

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