Start to Save Loan

This loan:

  • Does not require a savings history with us
  • Is not available with any other loan
  • Is subject to Credit Referencing
  • Is available to all members
  • Has a term of 12-24 months
  • Cannot be topped-up during the loan term
  • Will require a transfer equivalent to one month’s repayment into the member’s Share (savings) account before funds are disbursed
  • Will require a minimum savings commitment of £10 per month
  • Will require proof that a Standing Order for repayments has been established before funds are disbursed
  • Locks-in your savings balance while it is lower than the loan value outstanding

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).