Pentecostal Credit Union

''An Excellent Credit union that understands faith and finance''

About Us

The Pentecostal Credit Union (PCU) is rooted in the Pentecostal Faith. We are a community bank providing ethical savings and low-cost loans to our members, who come from the Pentecostal faith community across the UK and who own and manage the business. So we are inspired by our faith and directed by our members to achieve our vision to be the preferred finance partner for every Pentecostal Christian household in the UK.

Who we Are

Pentecostal Credit Union

Known as the credit union that understands faith and finance, we identify with the needs of our members and we believe in their financial empowerment to develop their potential and to build their economic health to achieve their aspirations. With over 43 years of experience we were independently ranked as one of the top 10 credit unions in London for 2017.

As a faith based co-operative that actively encourages one another to both save and lend responsibly, PCU offers a viable alternative to high street banking. A credit union such as ours is the perfect vehicle for the delivery of financial services that is community based. The community pools its resources - those with more money save so that those who need to borrow can do so. There are benefits for all;

For savers - higher interest/ dividend on savings;
For borrowers - better/lower rates of interest and better terms;
For everyone - a great relationship with the PCU as we are all part of a community whose purpose is to improve the economic lives of everyone in the community.

Because we have no external shareholders and we do not pay big bonuses to executives, the profits are returned to the membership via competitively high levels of dividends. However, like the high street banks and building societies, PCU is regulated by the Financial Conduct Authority (FCA) and authorised and regulated by the Prudential Regulation Authority (PRA). Our focus is on providing a more efficient, effective and personal service for our all members, and as a result we can boast an enviably high level of customer satisfaction.

We believe that everyone who travels with us should be enriched by the journey and to ensure that this is the case we offer :

free financial capability workshops to our members and churches in our common bond community, called Moneywise
a long term leadership development programme to our Junior Savers aged 11 - 18 - Our Youth Shadow Board
a brand extension to deliver community banking with an entrepreneurial focus to our small business and millennial members - GiftBOX!

We believe in the economic empowerment of our members so that they can fulfil their potential and achieve their aspirations.

We are the means by which the Pentecostal Faith community can pool its resources to build the economic health and strength of the community;

We are the means by which the money can stay longer in the community - it circulates within the PCU - thus enhancing the financial enrichment of the community; by which the Pentecostal Faith community can pool its resources to build the economic health and strength of the community; We are the means by which the money can stay longer in the community - it circulates within the PCU - thus enhancing the financial enrichment of the community;

We are the means by which the financial literacy of our community can be improved through our Moneywise workshops. Improving the financial literacy of our congregations improves the financial health of our churches and our credit union.

Get started - Join Us Today!

Still have questions about how the PCU can help you, your family or business?