Motherwell & District Credit Union is a not-for-profit local financial co-operative. Save regularly, borrow responsibly, and get guidance you can trust — without the pressure of shareholder profit.
MDCU is here to help local people in Motherwell and the surrounding area save regularly and borrow responsibly.
Because we’re not for profit, everything is built around members — fair products, clear information, and real support when you need it.
You can build a savings habit, access affordable credit, and feel more in control of your finances. When members do well, the community benefits too.
We believe that we’re much better off working together. Why not join us and work with your community to build a better future?
Following feedback from our members, we have updated our loan policy. The policy is available in the Useful Documents section of website.
Loan applications: available online for registered members only.
You can register and activate your account provided the details entered match those held by the Credit Union i.e. same mobile number and email address. Once registered you can view your accounts online and apply for loans.)
If you’re struggling financially, we have developed a section on our website that highlights practical support you can access in Scotland. You’ll find guidance on Scottish Welfare Fund grants (Crisis and Community Care), free anonymous benefits calculators, and trusted help from Citizens Advice Scotland and StepChange. It also explains the Tell Us Once service for help with notifying organisations after a bereavement.
Save regularly for any goal, big or small, with friendly local guidance whenever you need it.
Affordable member loans with clear repayments, no early repayment penalties, and supportive guidance.
Every member strengthens our community, supporting financial well-being and keeping money local. Find out more.
Keep up with community news, member updates and simple financial guidance from the team at MDCU.
Borrow on terms you can afford
If you need to borrow, MDCU keeps it clear and manageable. You’ll get a fair rate and flexible terms. We also help you build a savings habit while you borrow — so you’re in a stronger position when the loan is finished.
The Loan Calculator will give you an idea of typical loan costs. You will need to contact us for an exact load quotation.
Borrow from £50 to £15,000 from 12.6% APR
Flexible repayments up to 5 years.
Estimate your monthly repayment based on 1% per month on the reducing balance.
Loans are charged at 1% per month on the reducing balance, which is equivalent to 12.68% APR. No administration fees or transaction charges apply. This calculator is for illustration only and actual repayments may vary.
Joining Motherwell & District Credit Union is open to people who live or work in Motherwell and the surrounding local area. It’s free to become a member, and once you’re in, you can start saving straight away and access our products when you need them.
No fees. No hidden charges.
Build a regular savings habit, with friendly local support if you need it.
Access fair, clear loans thaat are designed around our members needs, with manageable repayments.
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Straight answers for local members — fair savings, responsible loans, and support that puts people first.
MDCU is a community credit union run for members, not profit. That means fairer borrowing, a more personal service and a stronger focus on helping local people save well and borrow responsibly.
Yes, many members continue saving while repaying a loan. It is a great way to build good habits, grow a financial buffer and come out the other side in a stronger position.
MDCU is run for its members, not for profit. That means the focus is on personal service, responsible money management and keeping savings working locally for the benefit of the community.
We keep things simple, with clear terms, sensible repayments and no hidden charges. Our goal is to offer responsible lending that members can manage comfortably and confidently.
If you live or work within the local area we serve, you should be able to join. Getting started is straightforward, and once your application is approved, you can begin saving and accessing member benefits.