Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Great Western Credit Union

Ethical Finance - Bonds




Hours left
Raised so far

Great Western Credit Union provide ethical, affordable & fair loans and saving products giving families struggling with the cost of living crisis, an accessible, regulated and caring finance alternative, promoting financial well-being.

Match funded
Improving lives
Strong communities

Min raise
Offer opened
Closing date

Match Funded

Win Win!

Investments in the bond offer will be matched £ for £ by social investment from Fair4All Finance, up to a total of £1m.

Great Western Credit Union
Society no. 597C
Bristol, UK
Incorporation date: 15 July 1999

Your money will…

  • Improve the quality of life for families and individuals, through access to fair and affordable finance to make vital purchases.

  • Help break the cycle of debt for low-income households and provide education on financial well-being.

  • Give people at home and in the workplace the chance to save and borrow in ways that make the entire community better off.

  • Earn a potential return. Your investment will target a return of 6.5% and is eligible to be held within an IFISA*

The bigger picture

Across the UK, families and individuals are struggling with the cost-of-living crisis and many cannot access affordable credit when needed to fund necessary purchases. GWCU provides an accessible, affordable and caring alternative to payday loans or loan sharks for their membership of over 18,000 people, helping them develop healthier money habits and break the cycle of debt. They currently take care of £10 million+ of members’ savings and £8.6 million+ of loan balances. They offer:

  • Flexible and affordable loans and family finance plans allowing members to fund vital purchases when traditional borrowing is not an option.
  • Competitive savings products that enable people to save for dream purchases or build a savings buffer while benefitting their community.
  • A Solar Loan that people to fund cleaner and greener energy generation with low rates of interest.
  • A Money@Work scheme, supporting financial well-being in the workplace through affordable loans and savings direct from salary.

  • *IFISA eligibility depends on investors' individual tax status and current legislation.

Where your money goes

Every pound invested in GWCU’s bond offer will be matched by Fair4All Finance, up to £1m, so the impact of your investment will be effectively doubled! Here's what your money will do:

  • It will help GWCU to continue to grow and expand their reach and range of financial products, helping more people to become more financially stable.
  • It will enable more low-income households to access a better type of finance, that is flexible and affordable, helping them regain control of their finances.
  • It will allow GWCU to develop its Money@Work programme, allowing more employers to offer this benefit to employees.
  • It will help build stronger communities through a cooperative approach to saving and borrowing, where people support one another.


Our Directors have an extensive background in finance and decades of experience working in the sector, with a passion for giving back to the community.

Lewis Ryden


Lewis joined the Board in 2016. He has over 20 years’ experience in financial services, primarily at Lloyds Banking Group working across all their consumer distribution channels. He left in 2009 to establish a small luxury travel business with his partner. Lewis returned to banking, joining fintech Atom Bank to head their customer experience function prior to launch. He is currently back at Lloyds to help develop their digital channel capability for business customers.

Peter Kellett


Peter joined the Board in 2021, and until October 2022 was the lead lawyer for the Environment Agency on a range of corporate governance issues where he led a diverse full service in-house legal team. Peter was a trustee then chair of the UK Environmental Law Association until 2011; and a trustee and then chair of St. Werburghs City Farm in Bristol until September 2018. He has also contributed to a wide range of publications about the environment.

Jonquil Cairns


Jonquil is Chair of the Audit Committee. She brings 25 years’ experience from Lloyds Banking Group, in Retail, Commercial and Operations functions, and her qualification as a Certified Accountant to her role as a Director.

Denis Lindsay


Denis brings experience from having held several voluntary non-executive roles, including as Chair of school governors, supporting a technology start-up, and on the board of St. Paul’s Carnival - where they won Best Event in the 2019 Bristol Life Awards. Denis works for multinational companies helping to deliver digital and IT transformation projects.

Sara Davies


Sara has worked as a Senior Research Fellow at the Personal Finance Research Centre, at the University of Bristol since 2009. Her research focuses on understanding financial policy and products from the perspective of the consumer.

Simon Taylor


Simon is an experienced board Trustee and Director, having worked with many different organisations including churches, schools, the Redcliffe Children’s Centre, and Derbyshire Community Bank. Simon is Director of Ministry Development for the Bristol Diocese, previously Canon Chancellor of Derby Cathedral, and Priest in Charge at St. Mary Redcliffe.

James Berry


James began his involvement with credit unions in Bristol as a volunteer Director whilst still working for the Bank of Ireland (UK) as Senior Market Analyst, UK. His previous retail banking experience included operational and ICT roles with Barclays Bank and a number of marketing roles with both Barclays and Bank of Ireland. He combined a number of smaller credit unions into the new Bristol Credit Union in 2006 and has provided leadership for the organisation since then. He continues to deliver strong growth in membership, savings and lending as well as leading the organisational, technological and people changes necessary in responding to members’ changing needs and the growing requirements of a scale-up, whilst maintaining a constancy of vision and purpose.

Karen Burton

Head of Change & Operational Strategy

Karen is a qualified accountant and has had a successful career of over 20 years in Banking as a Finance and Business leader. She supported GWCU to deliver its digital transformation in 2020 with excellent financial expertise coupled with strong communication and change management skills, all underpinned by an operational, and commercial understanding.

Claire Royall

Senior Marketing Manager

Claire joined GWCU in 2016 and leads on all aspects of GWCU’s marketing activity, including member communications and engagement. She has over 20 years’ experience in marketing in the public and charitable sectors.

Henry Logan

Head of Finance

Henry is GWCU’s Head of Finance and joined us in 2017. He is responsible for performance analysis, forecasting and reporting. His data interrogation and modelling underpin our financial plans and new product development. He’s a qualified accountant who previously worked for Second Step, the Bristol mental health charity. Prior to that, he had 20 years’ experience as a maths teacher and senior manager in further education colleges.

Keith Weinberg

Operations Manager

Keith has 20 years’ experience working in credit unions, both in the United States and the United Kingdom. He was originally the Lending Manager for GWCU, transitioned to the Member Support Manager role and is now Operations Manager, overseeing the day-to-day functions across GWCU for Lending, Member Support and Member Services. His broad experience gives him insight not only into the internal functions and employee experiences, but also the member experience. He is people-focussed and strives for the best outcome for employees and members alike.

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Interest accrual and payment

GWCU expect to pay an interest rate of 6.5% per annum that will accrue from the closing date of the offer.

Getting your money out

The Bonds are transferable which means technically they can be sold to a willing buyer. However, the Bonds will not be listed on a formal exchange, and there is no guarantee that you will be able to find a buyer nor the price they might be willing to pay. You should expect to hold the Bonds for the 8 year term.

Investing on behalf of children

Applicants must be 18 years old or more. Investments cannot be made on behalf of children.

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