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, £75,000 at May 2016.
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.
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»