Military CU | Savings & Loans

Here to help you save, there when you need to borrow - with repayments straight from your military pay.
Treating our members as individuals, rather than just a credit score.
Proud to serve over 32,000 members including Service Personnel and their families.
Improving the financial resilience for those who serve and protect.

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

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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

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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 32,000 members within the Police, Prison Service and Armed Forces.

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1 in 5 people lose sleep worrying about their finances

(CIPD Report on finanical wellbeing)

Improving the financial resilience for those who serve & protect

Military CU is part of the Serve and Protect family and a trading name of Police Credit Union Ltd. Police Credit Union Ltd. is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority & the Prudential Regulation Authority (Registered No 213306)

Police Credit Union Ltd. is a member of the Financial Services Compensation Scheme. This means a members savings are covered by the FSCS Depositor guarantee scheme up to the value of £85,000. Under the Distance Marketing Directive, you have the right to cancel your savings account within 14 days of opening without financial or other penalty.

Here to help you save, there when you need to borrow - with repayments straight from your military pay.

Treating our members as individuals, rather than just a credit score.

Proud to serve over 32,000 members including Service Personnel and their families.

Improving the financial resilience for those who serve and protect.

Savings

Loans

About us

Savings

Loans

About us

1 in 5 people lose sleep worrying about their finances

Improving the financial resilience for those who serve & protect