Savings
We help members of the Armed Forces prepare for the future by offering flexible saving accounts with repayments straight from their military pay.
- Start saving today for FREE
- Minimum savings £10 per month – change your deduction at any time
- Your deduction will be shown on your JPA pay slip.
- Withdraw your money or close your account at any time
- Manage your account and make withdrawals online
- Receive a return on your savings in the form of annual dividend (1% paid in Financial Year 2017-18)
- Life Insurance† (at no extra cost), doubles your savings balance up to a member maximum of £25,000
- Member of the Financial Services Compensation Scheme protecting your savings up to a maximum of £85,000
Loans
Service Personnel often struggle to access financial products, at fair and reasonable rates – so we provide affordable loans which can be repaid straight from your military pay.
We treat members as individuals rather than just a credit score, offering a truly ethical alternative.
- Quick and easy application
- Loans of up to £25,000
- Complete confidentiality
- Not-for-profit organisation
- Lending decisions based on personal circumstances and not just your credit score
- No early repayment penalties
- No arrangement fees
- Life Insurance† (at no extra cost), clears your loan up to a member maximum of £25,000
About us
We are passionate about improving the financial resilience of those who serve and protect – including Service personnel, Reservisits, Veterans and their family members.
Supported by the Ministry of Defence, Military CU is a free employee benefit, which aims to help our members prepare for the future with flexible savings accounts with repayments straight from your military pay.
We also there to help if our members ever need a loan – providing an ethical alternative to other financial providers.
Military CU is part of the Police Credit Union which currently serves over 30,000 members within the Police, Prison Service and Armed Forces.