About UsKey Benefits

Key benefits
Like other credit unions, Dragonsavers Credit Union  was set up to share and assist others.  Since we were established in 2003 through the merger of the five credit unions in the County Borough, we have built a successful and experienced organisation backed by a well organised administration framework. 
Some great reasons for joining your credit union right now!

• Free life insurance on shares and loans
• Payroll deduction facility if you work for a sponsored employer
• Deposits can be paid into your credit union account by standing order mandate
• Dividend paid on shares from any surplus as agreed by members at the Annual General Meeting
• Interest on loans applied on a daily basis, on the reducing balance, making your loan even cheaper - you only pay interest on what you have left to pay back
• Interest rate fixed for the duration of the loan at 13.4% approx flat rate payable on the reducing balance.  (26.8% APR)
• No penalty for early repayment
• No administration or setup fees on loans
• All shares in the credit union are protected by a "fidelity bond" insurance and are covered by the Financial Services Compensation Scheme
• Check your account via our web site