St Leger Homes of Doncaster

Register

South Yorkshire Credit Union
MoneyWise logo
Credit Union Image

South Yorkshire Credit Union

The main credit union in Doncaster is South Yorkshire Credit Union  (formerly Danum Credit Union).

Credit unions offer an easy way to save and financial services such as low-cost loans.


Good features of Credit Unions.

  • Easier to open a credit union account than a bank or building society account

  • Basic banking services such as standing orders to pay bills and rent

  • Easy to save as much as you like at local collection points or direct from your wages

  • South Yorkshire Credit Union pays an annual dividend based on the performance of the credit union over the past year

  • Credit unions offer low cost loans to their members

  • Savings are insured by the Financial Services Compensation Scheme

South Yorkshire Credit Union has branches in Doncaster, Stainforth, Mexborough and  Denaby.

There are also handy collection points throughout Doncaster. To check the time and place of your nearest collection point call 03030 300010 or visit South Yorkshire Credit Union website.

What else does South Yorkshire Credit Union offer?

  • Budget accounts - which help you manage your money and pay your bills

  • Savings accounts – these do not pay interest, but may pay a dividend. For this reason, they can be used by Muslims as this does not breach Sharia law

  • Christmas Club – a Christmas savings account which you can deposit any amount of money at any time but the account is locked from 1st January to 1st November

  • Affordable loans – the interest rate is 42.58% APR for loans up to £1000. The interest rate reduces to 26.68% APR for loans of £1001 to £2000. Loans for larger amounts are available. Members on benefit need to have a benefit paid into their credit union account. Members not on benefits have a standing order from their bank paid into their account

To see how South Yorkshire Credit Union loans compare to doorstep lenders and other high interest borrowing, visit our 'Repayment Comparisons' page. You can also find out more about borrowing money from high interest lenders on our 'Doorstep Lenders' page.

Members can also benefit from the following:

  • Debt advice

  • Budgeting advice

  • Help with choosing credit

  • Support and encouragement to save

How do I join?

You will need to fill in an application form and provide proof of your identity and where you live.

How can I find out more and contact South Yorkshire Credit Union?

You can call South Yorkshire Credit Union on 0303 030 0010 or visit one of their offices:

  • Barnsley branch: 70 Market Street, Barnsley, S70 1SN

  • Denaby branch: 9 Grays Court, Denaby, D12 4UW

  • Goldthorpe branch: 49 Barnsley Road, Goldthorpe, S63 9LT

  • Mexborough branch: 1 Main Street, Mexborough, S64 9LU

  • Stainforth branch: 8 Station Road, Stainforth, DN7 5QA

  • Waterdale branch: 5 Queensgate, Doncaster, DN1 3JN

  • Wombwell branch: 59/61 High Street, Wombwell, S73 8HS

Awards

Contact

St Leger Court
White Rose Way
Doncaster
DN4 5ND
Tel: 01302 862862
Powered by EasySite™ CMS