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Swan Credit Union


Published by Graham Tomlin for Credit Union Solutions Ltd in Universal Credit and also in Bill Payments, Care and Support, Communities, Housing

John Bercow and Sara Turnbull John Bercow and Sara Turnbull


SWAN CREDIT UNION is a not-for Profit Company owned and run by our members. We began operations in 2006, serving the population of Milton Keynes under the name of Milton Keynes Credit Union. In October 2013 we welcomed Aylesbury Vale Credit Union joining us and changed our name to Swan Credit Union to reflect the new geographical area served.

We now provide services to communities across all Aylesbury Vale to include Buckingham, Winslow and surrounding areas, plus Milton Keynes and Thame areas.

We will now be marketing locally through the use of different community bank names, such as Aylesbury Vale Community Bank to reflect our roots and local identity. We will be have information points in the local communities including libraries soon so look out for the new name and logo


Flexible savings-save as much or as little as you can as often as you can, weekly or monthly either by standing order, Pay Points throughout the areas or with a new Debit Card soon to be available. We provide a safe, affordable and responsible way to save and borrow which is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and PRA (FRN 417717).

Always ready for an emergency-saving regularly with Swan Credit Union will help you with the unexpected things in life and of course it’s always great to have a little put by for the nicer things such as holidays and Christmas without putting a stretch on the household budget.

Personal Service- a telephone service is available five days a week plus on line access to your account whenever you need it.

Why borrow with us? Interest rates for first time loans are 2% per month 26.8% APR on a decreasing rate which means when you start to pay off your loan the interest you pay is less!. For example of a £300 loan taken over a year will cost you as little as £40.00 in interest. Compare this to other loan companies around which can charge over £90 per MONTH in interest!!.

You are eligible for a loan once you have been regularly saving with Swan Credit Union for three months and you can show you can afford the repayments, we are of course responsible lenders.

Other Services

Employee Payroll Scheme

We currently have partnership agreements in place for payroll deduction with

Aylesbury Vale District Council, Bucks County Council and Milton Keynes Council which makes it easier for staff to save and borrow and you can apply for a loan without waiting for 13 weeks of saving.

Local Housing Allowance Scheme

We have a scheme to receive Local Housing Allowance (LHA) payments on behalf of tenants and make immediate payments to landlords. This means that LHA is only used for the purpose of paying rent. The benefit for both tenant and landlord is that rent payments are guaranteed and the scheme ensures the security of the tenancy for both parties.


For further information visit the website  or

Telephone 03030 300147

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