An incuto demo - Demo Credit Union is a fictional credit union showcasing the art of the possible.

Membership

Not a customer. An owner.

Join Demo Credit Union and you become a member-owner of a not-for-profit financial co-operative - with an equal say in how it's run and a share in its success.

Benefits of membership

What membership gives you

Membership is open to anyone who lives or works in our common bond area, and to employees of our payroll partner organisations.

  • An equal vote at our AGM - one member, one vote, whatever your balance
  • A share of our surplus, paid as an annual dividend on your savings
  • Access to fair, affordable loans and the Budget Booster card
  • Free life savings and loan protection insurance on eligible balances
  • Savings protected up to £120,000 by the FSCS*
  • Online banking 24/7 - all your accounts, balances, withdrawals and personal details in one place
Apply for membership

Ready in minutes

Our online application is quick and secure. Have a form of ID and your bank details to hand, and you could be a member today.

Join online now
How to join

Three simple steps

Check you're eligible

You can join if you live or work in our common bond area, or work for one of our payroll partner employers.

Apply online

Fill in our short online form with a form of ID and your bank details. It takes just a few minutes.

Start saving from £1

Open your share account with as little as £1 and you're a member-owner - ready to save, borrow and vote.

Applying for a loan first? No problem - you can apply for a loan and complete your membership as part of the application.

Payroll deduction savings

Save straight from your pay

If your employer is one of our payroll partners, you can save - and make loan repayments - directly from your salary, before it ever reaches your bank account. It's the easiest way to save without noticing.

  • Money is put aside before you see it, so saving becomes effortless
  • Change how much you save, or pause, whenever you like
  • Loan repayments can come from pay too - never miss one
  • No cost to you, and no cost to your employer
Check if your employer is a partner

Employers: become a payroll partner

Offer payroll savings as a free staff benefit. Setup is simple, the running is automated, and your staff get a proven route to financial resilience.

Partner with us
Corporate membership

Membership for organisations too

Businesses, charities, clubs and community groups in our common bond can join as corporate members.

Corporate accounts

Hold your organisation's funds somewhere ethical, where they support affordable lending in your own community - and earn a dividend.

Ask about corporate membership

Payroll partnerships

Give your staff access to payroll deduction savings and fair loans as a free workplace benefit that costs you nothing to run.

Become a payroll partner
Families & juniors

Membership for the whole family

Good money habits start early. Bring the whole household on board, from toddlers to grandparents.

Junior Saver

Start your children on the savings habit early. Open an account for anyone under 18 and watch their nest egg grow with them.

  • For ages0-17
  • Minimum saving£1 per month
  • Managed byParent/guardian
Open a Junior Saver

Family membership

Every family member can have their own account under one roof - and our Family Loan is designed around everyday family costs, with Child Benefit accepted as income.

Join as a family
Be part of it

Become a member-owner today

Join thousands of your neighbours who save and borrow with Demo Credit Union. Membership takes minutes to set up online.

Join Demo Credit Union