About Celtic Credit Union

Like all other credit unions, our credit union was set up to help local people - providing straightforward, affordable financial services to its members.

Neath Port Talbot Credit Union opened on April 1st 2005 and, after merging with Afan Savers Credit Union in 2008, our growth has been spectacular - with now more than 10,000 members and over 20 branches and collection points for our customers to use.

About Us

We rebranded in 2017 to Celtic Credit Union to reflect our ambition to serve customers across South Wales.

Celtic Credit Union has worked hard to build up a successful and an experienced organisation backed by a well organised administration framework.

What is a Credit Union?

A Credit Union is a community-based co-operative that provides straightforward, affordable financial services to its members.

Credit Unions are not for profit, so any income generated from loans helps meet operating costs, build up financial reserves and pay savers an attractive annual dividend.

How does it work?
When you join a Credit Union, you agree to make regular savings every week, fortnight or month. This can be as little or as much as the member can afford. In return, they may receive affordable credit, financial advice and a healthy return on their money.

  1. Members save in a common fund
  2. This fund provides low interest loans to members
  3. The interest generated from loans covers administration costs
  4. Any surplus returned to members as a dividend
Why use a Credit Union?

Celtic Credit Union is a 'not for profit'  co-operative that provides straightforward, affordable financial services. Celtic Credit Union is run by it’s members for the benefit of the members.

  1. Members save in a common fund
  2. This fund provides low interest loans to members
  3. The interest generated from loans covers administration costs
  4. Any surplus is returned to members as a dividend
What We Do

Loans
Our affordable loans help our members cope with life's lumps and bumps.

Celtic Credit Union only offer loans at fair interest rates and there are no hidden costs.

Savings
Savings accounts from a company that doesn't focus on making money for it's shareholders.

A Celtic Credit Union savings account doesn't tie your money up. You can withdraw your savings from our main high street branches - you may need to give a few days' notice for cash withdrawals over £300.

Budgeting
If you're looking for advice on how to budget, our budgeting guide can help you.

If you need to get money quickly, please fill in our online loan application form, or call us for help.

Neath Port Talbot Credit Union is a wonderful example of a not-for-profit, community-based financial co-operative. It achieves exactly what it was set up to deliver “straightforward, affordable financial services.

Joanna Jenkins, Vice Chair, YMCA Neath

Join the Credit Union

It's simple to become a member of Celtic Credit Union - and it is open to anyone, no matter what your credit history.

Are Credit Unions Safe?

As members of the Financial Services Compensation Scheme, in the very unlikely event of a Credit Union failing, savers will be compensated: The FSCS will repay 100% of the first £85,000 of a members savings.

If you think we've done something wrong, please contact us and let us know. If, after going through our internal complaints procedure, you're still unhappy, Credit Union members also have the option of complaining to the Financial Ombudsman Service.

  • Make deposits via cash, standing order, BACS or your payroll
  • Get dividends paid on shares
  • Interest on loans applied on a daily basis
  • No penalties for early completion of loans
  • All savings are covered by the Financial Services Compensation Scheme
  • Check your account via our website
  • Manage and pay your bills with our budget account
Easy

Easy

Joining the Credit Union provides an easy way to save money on a regular basis.

Rewarding

Rewarding

All members of the Credit Union enjoy a very competitive return on their savings.

Safe

Safe

Your money is protected by the Financial Services Compensation Theme. Celtic Credit Union has no hidden administrative or early repayment fees or penalties.