Undeb Credyd y Barcud Coch Cyfyngedig, trading as Red Kite Credit Union (RKCU) is a credit union Authorised by the Prudential Regulation Authority and Regulated by the Financial Conduct Authority and the Prudential Regulation Authority, similarly to high street banks and building societies and many other types of financial services companies.
Each credit union is a separate company and a separate member of the Financial Services Compensation Scheme (FSCS) that protects members' savings up to the current limit of the scheme, £85,000 at March 2017.
If you live in or have a place of employment in Powys, you are eligible to join Red Kite Credit Union. Full membership is available to any person 16 years and over. A Young Savers Club is available for younger persons.
New arrangements at Herb Garden Community Café
The Herb Garden Café is under new management as a Community Benefit Organisation.The credit union service point is open for payments on Wednesday and Thursday 10.30 to 11.30. Application forms and other information is available when the cafe is open. Click for further information
Knighton Service Point
The Old Saddlery has closed but a museum has opened at the same site and is providing the credit union service point. Click for further information
New Young Savers Club
Hadau Onnen — Trefonnen Piggy Savers
In partnership with Ysgol Trefonnen Church in Wales Primary School in LLandrindod Wells, Red Kite Credit Union is pleased to announce the setting up of a new Young Savers Club at the school.
The School Savings Bank is available to all pupils at the school. suspended for the summer holiday but will resume when the schjool re-opens in September.
Your savings are safe with Red Kite Credit Union as they are protected by the Financial Services Compensation Scheme. Click for more information on savings
Loans from small amounts up to £7,500 with Red Kite Credit Union are easy to repay with no hidden charges and flexible arrangements. Click for more information on loans
Red Kite Credit Union is working in parnership with the other Powys credit unions to promote a wider takeup of the benefits of Credit union membership throughout Powys and enable the people of Powys to
Red Kite Credit Union also works with Robert Owen Community Banking Fund in connection with their schemes for low or zero interest loans for Renewable Energy installations and Home Improvements. Click for further information
Our mantra for you
Save regularly, borrow wisely, repay easily Avoid the sharks Fly high with Red Kite Savings and Loans
Our own mantra
We like and try to apply this quote from Mother Teresa: «Let no-one ever come to you without leaving better and happier»