Rating based on 32 reviews

Partners Credit Union


  • Credit union loans up to £15,000
  • Low-interest starting from 6.5%
  • Repayment up to 60 months

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Partners Credit Union homepage

Author Partners Credit Union. Screenshot of Partners Credit Union website. [Accessed September 12, 2019]

About Partners Credit Union

Partners Credit was launched in 1993 initially for employees of Liverpool City Council.

We now employ 13 staff throughout 2 branches and have an excess of 10 000 active members holding in excess of £8m in their savings and close to £7m out on loan to those members totalling around £90 million.

What are Credit Unions

A credit union is a member-owned, monetary co-operative which offers monetary services only to its members. Basically, credit union takes deposits from its members and then lends that capital out to other members. The interest levied on those personal loans then provides for a return on the savings.

What are Credit Unions for?

Credit unions have an existence for the economic empowerment of their members. They encourage savings, offer monetary education and affordable short term loans, all while circulating the capital within its membership community- i.e. the capital and profit stay within the membership and don’t go to external shareholders.

Partners Credit Union Services

Getting into the habit of saving has never been easier.

Whether you’re looking to save for a holiday or plan for the future, we’re here to assist with your monetary goals.

A range of loan options

Savings accounts must be active with members savings the necessitated amounts (currently £ 10 pm if employed, £ 5 pm if unemployed/retired) normally (every week or month) before they can apply for any other products with the credit union may offer, including the personal or payday loans, lottery and any member pay insurance products.

Flexible payment options

We also accept debit card instalments, cash, cheque, postal order and Allpay if you have opted to buy one of our cards. Even saving a small amount on a normal basis can soon add up and remember at the credit union you are not just another consumer, but a co-owning member of a firm which offers security and protection. Life savings protection is a free safeguard provided by Partners Credit Union as a benefit automatically to its members.

Partners Credit Union Product Details

  • Loan Type Credit union loans
  • Interest Rate 6.5 – 42.6% p/a
  • Loan Amount up to £15,000
  • Repayment 1 month to 60 months

Summary of Services

  • Monthly payments are fixed
  • Loan top-up is available
  • Quick and easy online application

At Partners Credit Union you can get reliable and affordable loans

Each member of the credit union is an owner of the business and manages it in a one-member rate democratic structure.

A credit union will have a Board of Governors/Directors elected by the membership to oversee performance and guide the strategic way of the credit union.

When you join us

We automatically open a Partners savings account for you. This account is the members' primary membership account. The one-off joining fee to become a member is £10 which will be deducted from your first deposit. You will also receive a PCU MasterCard full debit card which is connected to your credit union card account.

The membership includes:

  • anyone who lives in Merseyside
  • it works for an employer who has a place of business in Merseyside
  • is a member of the spirit of Shankly Liverpool Supporters Union
  • is a member of any TUC affiliated Trade Union (North West Region only).

What kind of services do credit unions offer?

All credit unions take deposits and make loans, however, as they are there only to serve their own members the exact nature of their services and products will be special to the individual credit union. In respect of savings, services may include immediate access, savings account, term or notice savings account. Christmas savings accounts and budgeting facilities, some credit unions also provide full current account facilities.

The regulating board

The board are volunteers and do not get paid for their labour. In small credit unions, the board also run the business, where the biggest credit unions have professional staff to do that and the board take an overseeing/strategic role.

Many credit unions have also modernised and offer online loans and online banking which can provide members with quick and affordable services from the comfort of their own home.

Customer Reviews & Testimonials

March 2019

Partners Credit Union keeps it simple. Getting a loan from them wasn't complicated

Joe T
— Cardiff —

April 2019

I needed a loan fast to pay for a family emergency and Partners gave me a quick loan.

Emily S
— Bristol —

Partners Credit Union Contact Details

Physical Address

Opening Hours

  • Monday 09:15 – 16:00
  • Tuesday 09:15 – 16:00
  • Wednesday 09:15 – 16:00
  • Thursday 09:15 – 16:00
  • Friday 09:15 – 16:00
  • Saturday – Closed
  • Sunday – Closed