Saver Loan

  • Starts at 2% per month (26.8% APR) and drops to 1.75% (23.1% APR) for loan amounts over £4000 (max £5000)
  • Are available to all members in employment or retired with a sufficient pension who have built-up savings over at least 3 months at around £50 a month to a minimum £150 current balance. PLEASE NOTE that regular savings made through other loans do not contribute to the minimum savings goals required for saver loans.
  • Have a term of 24-60 months
  • Can be applied for a top up by a minimum £250 every 3 months
  • A Regular Savings Commitment of a minimum £10.00 per month will be required alongside the loan payment.
  • Will require proof that a Standing Order for repayments has been established before funds are disbursed.

How to Apply

Go to the members website if you are ready a member at Account Login or use the Mobile App, otherwise login and join the Community Bank here

Swan Community Bank is a trading name of Swan Credit Union which is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority.

Swan Credit Union Ltd. Our registered address is Foundation House, The Square, Wolverton, Milton Keynes MK12 5HX. (Company no. 417717).