Simpler, fairer savings and loans for GMB members
We are regulated by the Financial Conduct Authority (FCA) and the Prudential Regulator Authority (PRA). Member savings are fully protected up to £85,000 by the FSCS.
We believe in wise borrowing and a straightforward approach to finance that ensures that money circulates for the benefit of the GMB community by pooling member savings and then lending to other members. We are 100% owned and operated by GMB members. To date GMB members have borrowed over £60 million from their Credit Union.
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Posted: 1st June 2021