Derbyshire Police Federation

No1 Copperpot

Copperpot logo

No1 CopperPot Credit Union is a not-for-profit organisation that offers financial services exclusively to the police family. It was founded in 1986 by a group of Greater Manchester Police officers and originally named GMP Credit Union. Years later, following a merger with CopperPot Credit Union in Leicester, it became No1 CopperPot Credit Union.

Currently, it has more than 36,000 members and is the largest police credit union in the UK.

No1 CopperPot Credit Union membership is open to any serving or retired police officers, police staff, Specials, PCSOs, immediate family of a police member (living at the same address), and children/grandchildren of a police member

It has three main aims:

1. To encourage our members to save

2. To provide affordable loans

3. To provide financial education

Its ethos is centred around like-minded people helping one another, and its  mission is to become the best credit union in the UK. It exists solely to help its members and they are at the core of everything it does.

Call on: 0161 741 3160

Email on: info@no1copperpot.com

Or visit the website: www.no1copperpot.com

No1 CopperPot has made changes to what it does to help people given the cost of living crisis.

  • Its Commutation Loan now can be applied for up to two years prior to retirement (this was previously only 12 months)
  • It has launched a Notice Plus Account which pays members at least 0.5 per cent higher than its normal savings, providing they give 90 days’ notice to withdraw
  • It is allowing lump sum payments into the credit union to make it even easier for people to save
  • It nows give mortgage offers which are valid for six months to give people extra peace of mind during this uncertain interest rate environment as some people are worried about remortgage options.

 

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November 2024
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