Join Us - Eastern Savings and Loans
Join Us

We want to help as many people as possible improve their financial health

Our Credit Union is a profit-sharing organisation owned by our members and dedicated to meeting their needs. We offer people who live or work in Cambridgeshire, Norfolk, Suffolk or North and Central Essex, a great way to save and borrow money, and access a range of other useful financial services to help them make the most of their money. It is quick to join and apply for a membership account online. You just need to have a PayPal account or valid debit card to pay the Joining fee of £5 (£2 admin fee, £3 minimum share deposit) to open your account.

Please note; we do charge 25p a week for an account with us, this is charged £1, 4weekly. This small charge is applied to all accounts and allows us to offer unlimited deposits and withdrawals to all members.

  • We share our profit with you
  • Instant Access Savings (FSCS Protected)
  • Loans up to £4,000
  • Excellent customer service
  • Online & Telephone banking
  • £5 Joining Fee (£2 admin, £3 minimum share deposit)


Will I be eligible?

Find out what you need to know before applying for a loan or membership

To join our 3,500-strong members, you just need to either live or work in Cambridgeshire, Norfolk, Suffolk or North Essex. If you live outside that area, you just need to work for one of our Payroll Partners. Please see the full list, including the North Essex postcodes we cover.

Full List
Once you have joined and paid your joining fee (£5), you can apply for a loan the same day via our Members Area.
We do have a few eligibility criteria:
You must be over 18
If you have a County Court Judgement (CCJ) you must provide evidence you are addressing it
It has been longer than 3 years since you were discharged bankrupt or completed a DRO
It has been longer than 2 years since you completed an Individual Voluntary Agreement (IVA) / or debt management plan
You are only borrowing for your personal needs, not for a business or towards buying property.

If you can’t find the answer here, please get in touch and we’ll be happy to help

What We Can Offer

Saving
Saving

We have range of accounts including, instant access savings, Christmas savings and day to day banking.

Loans
Loans

Our simple fixed rates are designed to offer affordable finance to as many people as possible.

Financial Wellbeing
Financial Wellbeing

Get to grips with your finances by using our portal of tools, blogs and articles for better money managment

Free Life Insurance
Free Life Insurance

Savings insurance designed to make the lives of families and next of kin easier in the event of death.

Members of ABCUL

Members of ABCUL

Your money is protected up to £85,000

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority

Authorised and Regulated by the Prudential Regulation Authority

Members of ABCUL

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority