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About Us

Hoot Credit Union is a financial co-operative which is owned and controlled by its members and is a friendly, local alternative to banks or building societies. Established since 2005; we offer accessible saving and affordable loans to members in Bolton, Bury and some surrounding areas.

  • The money saved by members is pooled together and used to offer low interest loans. This is how we can offer an alternative source of credit at a fair rate of interest.
  • Members are encouraged to save for the future and in return, they receive affordable credit and access to low cost loans.
  • The interest received on the loans pays for the administration of the credit union with any surplus being put into reserves and, when possible, paid back to the members in the form of a dividend. 
  • For this reason both savers and borrowers are essential to a successful credit union. Members know that by saving with Hoot they are benefiting other people in the community or workplace.

You have ownership - You are the shareholder and your interests and those of other members come first. Profits are shared amongst the members, not fat cat city investors.

You have a say - Members elect the Board of Directors to represent your interests. The Board report back to members at the annual
general meeting.

It’s all about you and your community - Our staff understand what members want and everything we do is for the benefit of members and the local community.

We save you money - Hoot offers flexible savings and affordable loans at fair and responsible rates saving the community hundreds of thousands of pounds in loan interest.

Our vision is to unite our community for a fairer financial future.

Our mission commits to serving members by:

  • Providing you with a range of affordable loans and accessible savings
  • Helping you to be wise with your money
  • Providing information and services that help you to manage your money better
  • Valuing and rewarding you by sharing our profits
  • Listening to you – online, mobile or in person, treating you as an individual
  • Considering your interests in every decision we make

As a co-operative financial enterprise, Hoot Credit Union strives to demonstrate the following values:

  • Ethical
  • Professional
  • Honest
  • Fair
  • Innovative
  • Inclusive

We think this video from a Canadian credit union sums up why you should join your local credit union.

Are you eligible to join?

Find out about our 'Common bond'

If you live, work or study in the BL0-BL9, M25-M29, M38, M45 and M46 postcode areas you are eligible to join Hoot and can take advantage of our great savings and loans products. You’re also eligible if you are employed by any of the following employers: Bolton at Home, Bolton Council, Greater Manchester West NHS Mental Health Foundation Trust, Salvation Army Housing Association, Bolton NHS Trust or Bolton College.

Join Us

We welcome you to our credit union

Find out more