7 great reasons to join Voyager Alliance

Posted on Mar 17, 2022

To join or not to join, that is the question! To help you, here are 7 great reasons to join Voyager Alliance Credit Union. We’ve also asked some of our members for their thoughts too!

1. The easy way to save

Saving a few ££s, straight from your pay, is a great habit to get into and helps you manage your money more effectively. Small amounts saved regularly soon add up. Whatever you’re saving for – Christmas, a project, a holiday, a special occasion or for a ‘Rainy Day’ fund – it’s so easy to save with Voyager Alliance Credit Union.

“As the money comes straight out my wages it enables me to save for holidays, birthdays and Christmas without ‘missing it’ … if that makes sense.”

2. Affordable loans with repayments straight from your pay

From time to time we all need to borrow and Voyager Alliance is here to help with a range of flexible loans for members. With manageable repayments straight from your pay, and no penalties, we promote responsible lending and do not lend more than you can afford to repay. And, interest rates are capped by our regulators, making us considerably cheaper than many lending options.

“Sometimes things in life take you by surprise, and quick access to a loan has helped me a few times. Thank you”

3. Owned by you

Voyager Alliance is your credit union, owned by and run for the benefit of members like you. As a member, you have a say in how Voyager Alliance is run, by attending our Annual General Meeting, and receive a share of any profit, in the form of an annual dividend*.

It’s also great to be part of the credit union community – locally, nationally and worldwide! The credit union movement is global with more than 86,000 credit unions in 118 countries, and over 291 million members worldwide!

4. Improving your financial wellbeing

Your financial wellbeing is important, and we’re here to help. Saving regularly helps protect you from unexpected financial pressures whilst borrowing from us can help improve your credit rating and help you become financially stable. When you borrow from us, we ask you to continue saving a minimum of £2/week or £10/month into your Membership Account, meaning you will have some savings once your loan is cleared.

“You’ve has come through for me when I needed it the most financially and have helped me put my life back in control.”

5. Ethical

We’re all about putting members before profit, and going that little bit extra to help each other. We do not invest in unethical industries, nor do we pay huge bonuses or salaries. Voyager Alliance believes passionately in putting our members’ needs at the heart of all we do, and providing first class customer service.

“It’s a fair and honest way to save and borrow, without the high interest rates that most lending companies charge.”

6. Bereavement Fund

A free benefit to Voyager Alliance members, our Bereavement Fund gives up to £5,000 financial help to your loved ones in the event of your death.

“During the last year my brother sadly passed away, and you helped us sort out the funeral costs. It was an awful time for the family, and it was so reassuring that we could access the funds needed to get us through this.”

7. Safe and secure

Savings with Voyager Alliance are protected by the Financial Services Compensation Scheme (FSCS), currently to the value of £85,000, giving you complete peace of mind.

Voyager Alliance is part of the Penny Post Group, and a trading name of Penny Post Credit Union. Penny Post is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

“Voyager Alliance provides a safe and secure way to put a small amount aside, which would surely come in handy on a rainy day. It also helps members overcome financial hardship by offering low-interest loans.”

So go on, join Voyager Alliance, and be part of your credit union! It’s free to join, and you can save from just £2 a week or £10 a month.

Join online anytime or call our Customer Services Team on 0151 489 0402 during office hours for more information.

*Dividends are not guaranteed. The rate payable is dependent on financial performance and voted on by members at the Annual General Meeting.