Credit unions can only lend to their members. Membership is based on a common bond; a shared connection between people, such as where you live or where you work. NestEgg works with a wide range of credit unions across the UK, so there's a good chance one is the right fit for you

When you apply through NestEgg, we automatically check your details against the common bonds of all our credit union partners. You don't need to know which credit union you qualify for - we handle the matching and only show you lenders you're eligible to join.

A common bond is the connection that links members of a credit union together. Credit unions are member-owned, community-focused organisations. The common bond defines who can join. There are two main types:

A credit union may have more than one common bond. NestEgg works with a diverse mix of credit unions covering most areas and industries across the UK.

The questions you're asked during the application are designed to identify which credit union common bond you meet.

Joining a credit union means becoming a member, which also opens you a savings account. Some credit unions charge a small membership fee when you join. If the one you are matched with does, this will be made clear during the application.

Credit unions strongly encourage members to save regularly, even small amounts. Saving with a credit union makes you both a member and a part-owner. The movement is built on a simple idea: people over profits.

If NestEgg cannot match you with one of its credit union partners, it doesn't mean credit unions are out of reach for good. You can sign up for updates and we’ll let you know when a credit union is available to you.