Banking System Update – End of June 2023

We will be updating our back end core-banking system in June. This is currently planned for June 23rd. This update which will bring about improvements to our financial services. This upgrade is an investment in our customers’ financial futures.

There will be some downtime between June 23rd & June 26th for online banking and new loan/savings applications during the transition. We’ll be providing regular updates and support throughout the upgrade process to minimize the impact of the temporary disruption.

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We are a fair, responsible and people focused credit union, providing a range of financial products and services to the local communities of Leicester, Leicestershire, Rutland, Northamptonshire, Coventry and Warwickshire.

Our services

Loans

We offer loans from £50 up to £15,000 and with fast decisions online, no hidden fees or penalties and we consider all applicants, regardless of circumstances.

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Savings

Our flexible, easy access savings accounts offer great value for everyone! Whatever you are saving for, saving regularly helps you to manage your money better.

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Current Account

Our current account allows you to manage your normal day-to-day spending. You can pay bills, set up direct debits or standing orders and receive any salary or benefit payments.

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Areas we serve

Clockwise Credit Union provides a range of financial services to people living or working in the following areas

  • Leicester
  • Leicestershire
  • Rutland
  • Northamptonshire
  • Coventry
  • Warwickshire.

Not within our area? Visit findyourcreditunion.co.uk to find your local Credit Union.

Our affordable loans

Whether you’re looking to improve your home, cover unexpected expenses or plan your next staycation, a personal loan from Clockwise could help you get there faster.

We offer personal loans from £100 to £15,000 subject to status.

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Our Latest News

19May 23
Banking System Update – End Of June 2023

Banking System Update – End of June 2023

We're happy to announce that we will be updating our banking system at the end of June. The date is currently scheduled for June 23rd. This update will bring about…

Safe Savings

Saving money with Clockwise is easy and for total peace of mind your savings are safe and covered up to £85,000 by the Financial Services Compensation Scheme.

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About Clockwise

Clockwise is one of the UK’s most exciting, dynamic and fast growing financial co-operatives that is just for the people of Leicester, Leicestershire, Rutland and Northamptonshire. As a not-for-profit organisation we can pass on the savings to our members by providing affordable loans, safe savings and ethical financial products and services. This means that your share contributes to keeping money within the local community.

People not profits

As a credit union we focus on people not profit and our members are at the heart of our strategy. Contributing to improving the financial wellbeing of our local community, we treat people as individuals and at Clockwise you are not just a number!

Lower rates on loans

Our range of affordable loans provide a variety of interest rates, depending on the loan amount and individual circumstances. Clockwise is an ethical alternative to using pay day or high interest lenders.

Rewards!

At Clockwise we reward members for saving while borrowing! We know sometimes it can be hard to save, especially when borrowing, so to grow your savings we will reward you when you save whilst repaying your loan.

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Savings & loans directly from your pay

Payroll Membership is a hassle free way of saving and borrowing with payments made directly from your salary. This confidential service means, money is transferred straight to your Clockwise account making it easy to save or borrow!

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Helping you manage your money better

Our handy mobile app is available to download from your App store giving you 24/7 access to your money with lots of benefits and features. Simply search for Clockwise Credit Union.

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What our members think of us

Thank you so much! I really appreciate being approved. I was so worried about what I was going to do . You guys always seem to help me.

You are brilliant. You always help me in times of need

I can’t believe how easy it is. I heard the interest rates were better than anywhere else. The staff are so pleasant,  polite and helpful.

I save through my salary and then have a good bit towards Christmas presents for my family. Being part time, now we’ve had our little girl, means our income changed a lot, so this is brilliant for us.

Clockwise does exactly what it says it does. Applying for a loan was really easy with payments that are manageable. I was happy to tell all my friends to join!

I would like to thank you and your colleagues for your support with organising increasing payments through payroll, it really made my maternity leave easier. Thank you.

Just like your high street banks and building societies, the money you deposit into your credit union account, up to £85,000, is protected under the Financial Services Compensation Scheme (FSCS). If you have a joint account you will be protected for £85,000 each.

FSCS protection is free to customers, so if anything happens to your bank, building society or credit union, and you cannot access your money, the FSCS will refund you up to the amount of £85,000.

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