Joining Rugby Credit Union
Please download an Application Form and bring the completed form to our office in person, together with photo ID as proof of identity (eg passport, driving licence) and a recent utility bill as proof of your address. We are unable to open an account for you unless we have complied with the Money Laundering Regulations which require us to identify you from your documents. Our application form also has details of other ways to satisfy these I.D. requirements. Please contact our office if you are having any difficulty with a Membership Application.
Bank Standing Orders
It is often easier to make regular payments, whether savings or loan repayments, by bank standing order. Please download this form and post it or bring it to the office.
Rugby Credit union is a community bank that offers services to Rugby and the surrounding areas. You can become a member to open a savings account and to apply for a loan. As the credit union is a volunteer-led organisation you may want to help the credit union by becoming a volunteer yourself. Here is a list of the various roles available to volunteers:
Chairperson (& Vice Chair) - Chairs meetings of the Board and of members. Presents annual report to AGM. Acts as figurehead of the Credit Union.
Treasurer (& Assistant Treasurer) - Financial manager of the Credit Union and has responsibility for the books and all financial/statistical reports required.
Secretary (& Assistant Secretary) - Organises and keeps minutes of meetings. May also act as membership secretary.
Staff - deal with members face-to face. Update passbooks and take money. There should be two collectors working at a collection point.
Administration Officer (& Administration Assistant) - Enters figures into computer system, carries out filing, dealing with enquiries and post etc.
Credit Committee - Conduct regular meetings to approve loans and provides monthly reports to board.
Supervisory Committee - Conduct regular monthly meetings to look at management of internal controls.
Insurance Officer - Assists Treasurer by completing monthly and annual insurance forms.
Credit Control Officers - Monitor slow payers and ensure that loans are being repaid.
Publicity Officer - General promotion of Credit Union in line with Board's directions.
Money Laundering Prevention/Reporting Officer - Monitors systems and ensures that Credit Union is nor being used for laundering of 'illegal' money.
Training Officer - Provides information and guidance to new members, trains new volunteers.
To comply with the regulations of the Financial Conduct Authority (FCA), approval is required for individuals who undertake some of the above roles. If you are interested in becoming a volunteer please contact us, either through this website or by phoning (01788) 577900. This is only a brief guide to the roles available and the Credit Union can provide you with full information on training & development, health & safety, insurance, confidentiality and equal opportunities policy.
Click here to download a membership application form.