Opening An Account?

Joining Severn Four Credit Union is the best decision you could take for your money.

Our Credit Union lets people in the community come together to save and borrow money at low rates, and is operated on a not-for-profit basis, with surpluses being returned to members.

Membership Application

To become a member of Severn Four Credit Union please complete, sign and date a membership application form below.

You will need to take your membership application along with 2 forms of identification to  the main office.

Acceptable forms of identification can be one from each of the following lists (but not the same proof of identification for both).

(This list is just an example, if you need help providing satisfactory identification, please contact the office.)

At enrolment you will be asked for an enrolment fee of £2 and a minimum initial deposit of £1, which will be credited to your savings account.

Benefits of Membership

Membership has many benefits...

Flexible & Convenient Loans
Members can take out flexible loans, and repay at tailor-made schedules. All our loans are insured, against accident, sickness and/or redundancy.

Attractive Dividend on Savings
Every year we aim to pay an attractive dividend on members’ savings, which are also placed in our Life Insurance scheme, offering free insurance on your savings (subject to conditions - ask for full details). Dividends are based on the credit union's financial performance and the rate of dividend, or even if one can be paid, is not guaranteed

Quality Service, No Transaction Fees
You can be assured of a professional service from Credit Union at all times. And you do not pay a transaction fee for any savings or loans transactions. 

Membership Fees                                                                                            

Adult members are charged an annual fee of £5. This goes to cover the costs of administering members' accounts. Junior members are not charged an annual fee. Members who have saved but have not taken out a loan in the previous financial year can pay a reduced annual fee of £3. Please ask for a form if you wish to take advantage of this offer.

Pay by Standing Order
Arrange a Standing Order payment from your bank and be sure of regular payments to your Credit Union account. You can download a Standing Order form from this website.

Member Services
Take advantage of a host of additional member services available. We can arrange special discounts for our members. Ask any staff member for more details about joining the Credit Union, or for further information see the different sections of this website.