Built Around Our Members
Credit unions are member-owned financial co-operatives that help people save, borrow responsibly and improve their financial wellbeing. Discover how credit unions work and the benefits of becoming a member.
Why Choose a Credit Union?
Savings
Choose from savings accounts designed to help you save at a pace that suits you.
Affordability
Save as little or as much as you can comfortably afford, it’s entirely your choice.
Loans
Access loan products tailored to your individual circumstances with affordable repayments.
Community
Credit unions are run by members, for members, giving you a voice in how your credit union operates.
Loan Calculator
Use our loan calculator to get an idea of how much you could borrow and what your repayments may be.
How Credit Unions Work
Credit unions are owned and controlled by their members, meaning their customers are also their owners. To join, you’ll need to meet the credit union’s Common Bond, which may be based on where you live, work, study or another shared connection.
As member-owned organisations, credit unions focus on supporting people rather than generating profits for shareholders.
Services Available to Members
Banking Services
Access your savings through current account facilities where available.
Savings Accounts
Build your savings and grow your financial security over time.
Affordable Loans
Borrow responsibly with loans based on your circumstances and ability to repay.
Financial Education
Receive guidance and money advice to help you make informed financial decisions.
Insurance Products
Protect yourself and your savings with additional insurance services where available.
The Principles of Credit Unions
Credit unions are built on a number of key principles. They encourage members to save regularly, provide loans at fair and reasonable interest rates, manage members’ savings responsibly for mutual benefit, and promote good money management through financial education.
Every decision is made with the long-term benefit of members and the wider community in mind.
Owned by Members
Credit unions are democratic organisations where members have a say in how they’re run. Directors are elected by the membership to represent the interests of the community.
Any profits generated are returned to members through dividends or reinvested into improving services, ensuring the benefits remain within the local community.
Ready to become a member?
Join White Cart Credit Union today and become part of a member-owned organisation dedicated to helping you save, borrow and plan for the future. Enjoy secure savings, affordable loans and friendly local service that’s always focused on putting members first.