Was registered with the Financial services Authority (FSA) in June 2004
Rugby was late to have a credit union, formed only in 2004 following a Rugby CVS study group, which was set up to, explore the viability of a local credit union.
FSA registration was obtained, together with start-up grants enabling a development officer to be employed to oversee the early stages.
Many members of the study group formed the inaugural board. Since then progress has been steady, reflecting a town and surrounding area with a population of around 80,000.
The common bond isfor all citzens who live or work within the boundaries of Warwickshire County Council
The Credit Union encourages young savers encouraging them from a young age to get into the saving habit. Children, grandchildren, nieces, nephews or any child under 16 can join as junior members.
The credit union has made available for credit union members only the engage card which facilitates a low-cost bank account. that can be easily managed on-line or with a mobile app.
Want to find out more?
Visit the Rugby Borough Credit Union website, or get in touch with their team:
Telephone – 01788 577900
Email – rugbycreditunion@btconnect.com
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British Credit Union Historical Society 