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Credit Unions

A Credit Union is a profit sharing, democratically run financial co-operative which offers convenient savings and low interest loans to its members. The members own and manage their credit union themselves.

The three main aims of a Credit Union are to:

  • encourage its members to save regularly;
  • provide loans to members at very low rates of interest; and
  • provide members with help and support on managing their financial affairs (if required).

The benefits of a Credit Union are:

  • it is an easy and convenient way to save and borrow;
  • it offers very low cost loans;
  • insurance at no direct cost; and
  • it is a way to learn new skills.

The Community Credit Union for the Borough of Bedford is located at::

Bedford Credit Union
6  St Paul's Square
Bedford MK40 1SQ
Tel.(01234) 346352


The common bond for Bedford Credit Union offers services to people living and or working in:

Bedford Borough:

Bedford, Biddenham, Bromham, Cardington, Clapham, Cople, Eastcotes, Elstow, Great Barford, Kempston, Oakley, Ravensden, Renhold, Stewartby, Wilden, Willington, Wilshamstead (aka Wilstead), Wootton

North Central Bedfordshire (formerly known as Mid Bedfordshire):

Ampthill, Arlesey, Aspley Guise, Aspley Heath, Astwick, Battlesden, Biggleswade, Blunham, Brogborough, Campton and Chicksands, Clifton, Clophill, Cranfield, Dunton, Edworth, Eversholt, Everton, Eyeworth, Flitton, Flitwick, Gravenhurst, Greenfield, Harlington, Haynes, Henlow, Houghton Conquest, Hulcote and Salford, Husborne Crawley, Langford, Lidlington, Marston Moretaine, Maulden, Meppershall, Millbrook, Milton Bryan, Moggerhanger, Northill, Old Warden, Potsgrove, Potton, Pulloxhill, Ridgmont, Sandy, Shefford, Shillington, Silsoe, Southill, Steppingley, Stondon, Stotfold, Sutton, Tempsford, Tingrith, Westoning, Woburn, Wrestlingworth and Cockayne Hatley

For the latest up to date information on Bedford Credit Union visit

How to join Bedford Credit Union

To join Bedford Credit Union all you need to do is produce two forms of identity (for example a passport or driving licence) and a recent utility bill or bank statement, plus pay a £3 joining fee and deposit at least £1 in your new account. 

For more information on joining the Credit Union, Volunteering and Collection Points please contact Anne Slade (BCU Development Officer) on 07596 927 404.

Support for the Credit Union is a key element of the Council's improvement priorities and forms part of our efforts to tackle poverty and disadvantage and encourage social inclusion.

We also support community regeneration and neighbourhood renewal in the inner urban areas and priority estates, parish planning in the rural areas, training, enterprise and business start up and pathways to employment helping to revive the local economy by keeping money in the community is a key element.

Other Credit Union sites