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Wishing all our members a happy and prosperous 2016!  


The M for Money Annual General Meeting will be held on Thursday 17th March at 19:00 at the Uxbridge Sports Club (ex cricket club) Gatting Way, UB8 1NR. There will be light refreshments and a raffle.
All members are very welcome!
Why not swap your high interest credit card debt for an affordable loan from M for Money Credit Union?

Price comparison website moneysupermarket.com, says “people who owe money on credit cards, personal loans and overdrafts have seen their debts increase by more than a third in the past two years as consumer confidence returns, according to latest research.”


We compared a loan of £3000 from M for Money Credit Union with a £3000 credit balance with 2 of the most popular credit cards on the market. Take a look below to see how much you could save.  It could also leave you with up to £80 per month in your pocket!
Company Typical APR Repayment per month
(Based on minimum repayment)
Time to clear the balance paying the minimum repayment Interest charged Total payable
M for Money Credit Union From 12.7%* From £67 5 years From £1004 From £4004
Vanquis Credit Card 39.9% 5% of  balance or £5 (whichever is greater)
£150 in 1st month
15 years and 7 month £3855 £6855
Barclaycard 34.9% 5% of  balance or £5 (whichever is greater)
£150 in 1st month
15 years £3627 £6627
*Subject to terms and conditions
Child Benefit Savings and Loan Plan 
Our Child Benefit Savings & Loan plan has been hugely successful since its launch, particularly in the run up to Christmas. Remember anyone in receipt of Child Benefit can apply for a £500 CHB loan.
The plan is based on a single child benefit of currently £20.70 and repay it over 50 weeks. Repay £12 per week and save the rest. If you have more than one child the remaining Child benefit can be transferred to an ABCUL prepaid debit card. Once your loan is cleared then you can withdraw all or some of your savings, continue to save or start a new savings and loan plan.
Simply complete a Child Benefit Savings & Loan Plan application form and redirect your child benefit payments to M for Money Credit Union. Make sure you let us know your 10 digit child benefit reference number. 
Once we’ve received your first child benefit payment and signed loan agreement your loan will be transferred to your nominated bank account within a couple of days.

VOLUNTEERS NEEDED! 
Are you interested in joining the Board of M for Money Credit Union? Board meetings are held once a month for approximately 1 hour. Full training will be provided. If you are interested please contact us by email admin@cus.coop
HANDY SHOPPING TIP
Plan your meals in advance!
Many of us go to the supermarket and put in our trolley what we fancy on that day, not thinking about when and how we are going to use it.  By following these 4 simple steps you could save a fortune over the course of a year:
1. Decide on your meals for the week ahead.
2. Check your cupboards for items you already have.
3. Make a list of the ingredients you need.
4. Only buy what is on the list.
Check out our Web Site
www.m4mcu.org
Register for online account access now it is the quickest and simplest way to view account balances, make a loan application or share withdrawal request. Simply register for a PIN and you are off and running.