From 1 February 2024, Bury Council is responsible for managing and maintaining all council homes previously supported by Six Town Housing.
Please use this website and other contact points as usual. Further information is also available on the council’s website.
Find out more here: Six Town Housing Update

Manchester Credit Union

If you find that sometimes you need additional income, you might be interested in joining Manchester Credit Union (MCU) to help you make savings.

Credit unions are local, financial co-operatives, owned and controlled by their members. By saving and borrowing with MCU, you are helping to keep more money in your pocket and in the local economy, which benefits the whole community.

Once you open a savings account, you become a member and part owner of the credit union. Your money is being managed locally and fairly, by people who understand your needs.

Credit unions can help you take control of your money by helping you to save when you can and providing an affordable way to borrow when you need to.

Who can join

Anyone living or working in Manchester, Bury, Rochdale, Tameside, Trafford and the High Peak can join MCU, as can tenants and employees of a number of local Housing Associations. Check their website to see if you are eligible.

A growing number of employers also now offer the chance to save and borrow through direct deductions from your pay, making saving and borrowing even easier.

Please check the website to see if your employer is one of MCU's Payroll Plus partners.

You can pay into your account by:

  • Payroll deduction
  • Standing order
  • Having your wages or benefits paid directly
  • At any Post Office, Paypoint or payzone outlet

Is my money safe?

Credit Unions are authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). They are also covered by the Financial Services Compensation Scheme (FSCS) which provides compensation of up to £75,000 per member if the credit union should fail, just in the same way as a bank or building society.

How much can I borrow?

The amount you can borrow depends upon your ability to repay, your disposable income and your recent credit history.

The maximum interest rate can be just 42.6% APR compared to over 5500% with payday loan companies.

MCU considers loan applications for any worthwhile purpose.

I’m from Bury – how do I sign up?

Sign up via the Manchester Credit Union website.