First Dorset Credit Union

We are the co-operative savings and loans organisation for Dorset, a community based organisation, staffed by local volunteers. We provide our members with a safe and ethical place to save, up to £15,000, and with affordable loans. We are not here to make big profits; we charge interest starting at just 0.5% per month on the reducing balance (6.2% APR). This interest is used to cover our costs. Any surplus would be paid back to members as an annual dividend.

First Dorset Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. We also belong to the Financial Services Compensation Scheme which guarantees 100% compensation for all your savings (maximum £85,000). The current maximum savings a member can have is £15,000 which means all savings with us are covered under this scheme.