Welcome to the Penny Post Group

From today, Tuesday 1st February, 2022, Voyager Alliance and Retail CU are now officially part of the Penny Post Group. A warm welcome to all members from the Directors and staff of the Penny Post Group!

Customer Service

The Voyager Alliance Team based at the Manchester office will continue to focus on serving Voyager Alliance and Retail CU members, whilst the Team in Wolverhampton will be serving Penny Post members. Over the coming months, we will be working together to grow membership, invest in our Team and technology, and further improve the overall service to all our loyal members.

Savings and Loans

As a member, you know saving straight from your pay, is the easy way to save, and borrow when you need to.

From time to time, we all need to borrow, and our loans are great!

The new Advantage Loan allows members to borrow up to 5 times your savings balance, between £1,000 and £25,000. Borrow between £1,000 – £9,999 at just 10.9%, or borrow between £10,000 – £25,000 the great rate of just 5.9% APR – that’s below almost all credit cards!

And… we’ve also reduced the rate on our Savings Secured Loan, to just 2.9% APR.

New Website

New websites for both Voyager Alliance and Retail CU are now live, with lots of new features including easy to use Savings & Loan Calculators, and new mobile friendly application forms – the first step of our service improvements.

Monthly Members Update

Check your inbox for our monthly Members Update, containing regular news about our services, new products, competitions & offers to keep you updated, or view on our website here.

Family can join too!

From today, family living at a member’s address are also welcome to join. Don’t worry if family members are not working for one of our Payroll Partners – they can save into their Voyager Alliance savings account by Direct Debit.

Annual Dividend

Any profits made are shared between members in the form of an annual dividend agreed by members at our AGM. Our financial year runs from 1st October, and so this year, Voyager Alliance and Retail CU members will receive dividends* on a pro-rata basis for the period from 1st February to 30th September 2022.

The Penny Post Group

At the Special General Meetings in October and November members voted by a large majority, to accept the Transfer of Engagements to Penny Post Credit Union. This is a great opportunity for the combined membership of Voyager Alliance, Retail and Penny Post, and we’re looking forward to a bright future ahead.

More information about Penny Post Credit Union and the Penny Post Group can be found here.

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