Savings offer for new SVCU members

Stroud Valleys Credit Union is offering a £25 windfall for new savers this autumn.

credit union logoSVCU, Stroud’s own community bank, is a financial co-operative run by local people for local people. It’s 20 years old this year and to mark this anniversary, it’s offering a special bonus for anyone opening a savings account before 30 November – save at least £10 per month for 3 months and £25 will be added to your savings, free of charge!

This offer is being run in partnership with the ‘Stop Loan Sharks’ Team – part of Trading Standards – which concentrates upon finding and prosecuting loan sharks. The team is supplying the £25 bonus as part of their prevention work to help people avoid the debt traps caused by these illegal money lenders.

SVCU offers savings accounts and loans to people living and/or working just in Stroud district and Tetbury. Anyone who saves or borrows from the credit union becomes a member and has a share of its profits. Because the credit union is small, it can be people-focused, getting to know members and adding a friendly face to finances. They are keen to help members build their financial resilience so they can deal with the unexpected in life and also save for something nice like a holiday. Hence this 20th birthday special savings offer giving a boost to new savings accounts opened by anyone over the age of 18. Regular savers also qualify for a lower rate of interest should they need to take out a loan, adding an extra benefit to saving with us.

Make the most of this autumn savings’ windfall by visiting, ringing 01453 298785 or emailing

If you think you’re in the clutches of a loan shark, phone the confidential hotline on 0300 5552222 and talk to someone who’ll be able to help you.