Banking that belongs here.
Manx Credit Union is the Island's only credit union. Fair loans, honest savings, and dividends paid to members instead of shareholders. Built by Manx people, regulated by the FSA.
Dividends, not profit
We're owned by members. Any surplus comes back to you as a yearly dividend on your shares, not to outside shareholders.
Small enough to call you back
Lending decisions are made in Douglas by people who answer the phone. Not an algorithm in another country.
Regulated by the FSA
Licensed by the Isle of Man Financial Services Authority under the Credit Unions Act 1993. Savings protected by cash reserves held under an FSA-approved arrangement.
Loans for every household
Our Family Loan scheme serves neighbours on State Benefits or the State Pension, with repayments collected simply, straight from the benefit.
Six ways to borrow. Every one made on the Island.
From £100 starter loans to larger savings-linked loans. Rates fall as your relationship with us grows. Interest charged monthly on the reducing balance.
- 01Basic LoanOur everyday loan for members building a savings habit.2%per month£5,000maximum
- 02Save as you BorrowBuild savings while you clear the loan. Same payment, two outcomes.1.65%per month£5,000maximum
- 03Loyalty Saver LoanOur best rate for members who've been saving with us.1%per monthSavings-linkedtied to your shares
- 04Starter & Emergency LoanA small, fast loan for new members or unexpected costs.3%per month£500maximum
- 05Family Loan & SavingFor families on State Benefits or pension, repaid straight from the benefit.3%per month£500maximum
- 06Premier LoanOur lowest rate. Keep your savings invested, borrow against them.0.5%per monthSavings-linkedtied to your shares
Representative APR shown in your pre-contract credit disclosure. Interest charged monthly on the reducing balance — early repayment always saves you money.
Member-owned, every pound of it.
Every pound saved with MCU is lent to another Manx household: a neighbour fixing a boiler, a parent buying school uniforms, a tradesperson replacing a van. There are no outside shareholders, and any surplus comes back to members as a dividend each year.
Our Family Loan scheme supports neighbours on State Benefits or the State Pension, with repayments collected simply, straight from the benefit.
- Member-ownedEvery member, one vote. No outside shareholders.
- FSA-regulatedLicensed under the Credit Unions Act 1993.
- On-Island lendingSaved here, lent here. The money stays.
- Family LoansBenefit-deducted loans for households on State support.
The branch is open whenever you are.
Saturday morning at the office is lovely. The member portal is for the other 165 hours of the week. Apply for a loan, see your share balance and statements, update your details, all from a browser with the same Member Number you already have.
- Open it in any browser, on any devicePhone, laptop, the library computer. Nothing to install.
- Apply for a loan onlineChoose from our six loan products and upload your supporting documents in the same flow.
- See your balance and statementsShare balance, loan position, and a full transaction history.
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Illustrative. Your real portal reflects your loans and payments.
A real office on Peel Road, Douglas. Come in any Tuesday or Saturday morning.
- Tuesday
- 9:45am – 2:15pm
- Saturday
- 9:45am – 2:15pm
Open your share account in under ten minutes.
Aged 16 or over and live on the Isle of Man? You're eligible. Bring your ID and £10 to open your account, half of which lands straight in your savings as your first share. We'll do the rest.