Welcome to NEFirst Credit Union in Northumberland

With effect from 1st October 2018, Northumberland Credit Union joined NEFirst CU 

This website will be maintained for a transition period – but you are advised to proceed directly to the main NEFirstCU website

What is a Credit Union?

A credit union is a financial and co-operative organisation owned and run by its members that encourages its members to borrow and save responsibly. We provide an alternative service to banks, building societies and high-interest loan providers. We encourage you to save what you can and borrow only what you can afford to repay.

Anyone living or working in Northumberland, Tyne & Wear or Co Durham can join NEFirst Credit Union

How can you benefit?

As a member of our credit union you can benefit from:

  • Easy, convenient and secure ways to save.
  • Access to loans that you can afford to repay through flexible payment plans.

Who are they for?

Everyone! Whether you are able to access ordinary bank loans, products and services or not – we can help and quite possibly offer a better deal. We provide local financial solutions and can provide a real alternative to pay-day loans or doorstep lending.

How do they work?

You make regular savings which are used to create a pot of funds which is used to lend to members. You can apply for a loan which includes an interest charge. The interest charge pays the credit union’s running costs – and as a co-operative, a surplus leads to a dividend for our members.