Wolverhampton City Credit Union (WCCU) is a not-for-profit community bank, owned and controlled by its members to provide affordable financial services for people living and working in WV postcode areas of Wolverhampton and South Staffordshire. Our members’ savings are used to fund loans to members at reasonable rates of interest.
Similarly, the interest charged on loans is used to fund a return – called a dividend – on members’ savings. Without shareholders, we can ensure that, first and foremost, our members benefit from our services and the surpluses we make. We are a not-for-profit organisation that promotes savings, financial services and ethical banking.
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