Banking that belongs here.
Manx Credit Union is the Island's only credit union. Fair loans, honest savings, and any surplus paid back to members, not outside shareholders. Built by local people, for local people, and licensed by the FSA.
Dividends, not profit
If there is a surplus at the end of the year and a dividend is recommended, this comes back to you, not to outside shareholders.
Small enough to call you back
Lending decisions are made in Douglas by people who answer the phone. Not an algorithm in another country.
Licensed by the FSA
Licensed by the Isle of Man Financial Services Authority under the Credit Unions Act 1993. Savings protected by cash reserves held under an FSA-approved arrangement.
Loans to your situation
Our Family Loan, for example, serves neighbours on State Benefits or the State Pension, with repayments collected simply, straight from the benefit.
Six ways to borrow. Every one created here on the Island.
From £100 starter loans to larger savings-linked loans. Rates fall as your relationship with us grows. Interest calculated daily on the reducing balance.
- 01Starter & Emergency LoanA small loan for new members or unexpected costs.3.00%per month£100–£500loan range
- 02Family Loan & SavingFor families on State Benefits or pension, repaid straight from the benefit.3.00%per month£100–£500loan range
- 03Basic LoanOur everyday loan for members building a savings habit.2.00%per month£500–£5,000loan range
- 04Save as you BorrowBuild savings while you clear the loan. One payment, two outcomes.1.65%per month£500–£5,000loan range
- 05Loyalty Saver LoanOur special rate for members regularly saving with us.1.00%per monthSavings-linkedtied to your shares
- 06Premier LoanOur lowest rate. Keep your savings invested, borrow against them.0.50%per monthSavings-linkedtied to your shares
Representative APR shown in your pre-contract credit disclosure. Interest calculated daily on the reducing balance — early repayment always saves you money.
Member-owned, every pound of it.
Every pound saved with MCU is lent to another Manx household: a neighbour fixing a boiler, a parent buying school uniforms, a tradesperson replacing a van. There are no outside shareholders, and as a not-for-profit, any surplus is re-invested in the union and may come back to members in the form of a dividend.
The branch is open whenever you are.
Office hours are Tuesday and Saturday, 9:45am–2:15pm — but the member portal is open 24/7. Apply for a loan, see your share balance and statements, and update your details, all from the comfort of your home.
- Open it in any browser, on any devicePhone, laptop, the library computer. Nothing to install.
- Apply for a loan onlineChoose from our six loan products and upload your supporting documents in the same flow.
- See your balance and statementsShare balance, loan position, and a clear record of every payment in and out.
Illustrative. Your real portal reflects your loans and payments.
A real office on Peel Road, Douglas. Come in any Tuesday or Saturday morning.
- Tuesday
- 9:45am–2:15pm
- Saturday
- 9:45am–2:15pm
Open your share account online.
Membership is open to anyone aged 16 or over who lives on the Isle of Man. Apply online with your photo ID and proof of address — every application is reviewed before we open your account, and we'll be in touch either way.