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Lloyds TSB
Business banking > Accounts > Credit Union accounts 

Credit Union accounts

Let us help you
I'd like to open an account
Whether you are starting a new business or moving your existing account from another bank we have an account to suit your needs.

Playing an important part in the local community
We recognise that credit unions play an important part in local communities, particularly in providing a springboard for people to move into the use of mainstream banking. That's why we have designed a package of banking services specifically for community credit unions.

Cash deposits are credited the same day and you always have immediate access to all cleared funds.

Immediate access to cleared funds

Free banking on all sterling account transaction

No minimum deposit or withdrawal

Drop in to your local branch to complete an application form or call 0845 072 5555 to make an appointment.

Features & Benefits

  • Cash deposits are credited the same day and you always have immediate access to all cleared funds.
  • Account is specially designed to provide banking services for community credit unions.
  • You receive free banking on all sterling account transactions.
  • A chequebook and paying-in book is available with one or more signatories.
  • No minimum deposit or withdrawal (subject to cleared money being available).
  • Free book-keeping system to help with your annual reports to the Registry of Friendly Societies.
  • Service includes an interest earning Business Call Account for all surplus money over £1,000.
  • Interest is added to your Business Call Account monthly.
  • You can receive Business Call Account interest without tax being deducted.
  • Interest rates are tiered for a higher return on your whole investment.
  • We provide monthly statements on all your accounts.

Credit Union accounts important information

How do I apply?

At your local branch
Drop in to your local branch to complete an application form.

By phone
Call 0845 072 5555 to make an appointment.

0845 numbers
Evening and weekend calls cost 6p plus up to 2ppm from a BT Together landline as at 9 May 2008. Mobile and other providers' charges may vary.  Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.