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ABOUT US
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Cash Box Credit Union
is a community owned and run savings and loans co-operative based in
Tameside, east of Manchester in the North West of England.
Anyone who can demonstrate that they live or work in Tameside is
eligible to join Cash Box Credit Union.
Members save with the credit union for a short qualifying period and can
then apply for a loan on the basis of what they have saved. Loans are
repayable over a maximum period of three years at the very low rate of
just 1% per month on the outstanding balance!
All members' savings and loans are covered by free life insurance, at no
additional cost to the individual member, financed from the interest
received from loans granted. Surplus income from interest is
redistributed to members as an annual dividend on savings.
Unlike established bankers, Credit Unions will accept members regardless
of income status and grant the sort of loans which only unscrupulous
lenders will offer at hugely inflated interest rates.
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