Salford Red Devils today announce a partnership with the Salford Credit Union in support of the Reds Rise Together campaign.
The Salford Credit Union offer allows supporters to back our bid to become the first elite, community-owned rugby league club and join the Founders Club.
Paul King, Managing Director of Salford Red Devils said:
“Supporters have asked for a route into supporting the campaign through a monthly payment option and the Credit Union offer allows for just that.”
“Salford Credit Union are a local institution with a history of supporting the local community and so we are pleased to have their support with this special campaign.”
Mark Brazendale, Chief Executive Officer of Salford Credit Union said:
“We’re proud to support the Reds Rise Together campaign and be the latest example of Salford supporting Salford. The Club are so important to the community and to enable more local people the opportunity to get involved is really exciting.”
Examples of a Salford Credit Union Loan are:
| Loan Amount | Term | Repayment | Interest Rate | Charge for Credit | Total Payable |
| £1,000 | 12 Months | £91.86pm | 19.90% APR | £102.29 | £1,102.29 |
| £1,000 | 52 Weeks | £21.07pw | 19.90% APR | £95.43 | £1,095.43 |
You can apply for online via the Credit Union’s website www.salfordcreditunion.com via the Personal Loan Section and completing the ‘Personal Loan – Non-Member’ Application Form. In the Loan Purpose box simply select ‘Salford Red Devils Share Ownership’ option. All applications will be treated as being confidential and following approval the funds will be transferred to your nominated Bank Account and then you can purchase your share directly with the club.
If you are already supporting the campaign, but would like to take advantage of the Salford Credit Union offer and join the Founder’s Club, here’s how you can do just that:
- Complete the Salford Red Devils CSO application on the credit union page here.
- Once funds have been received, visit our Crowdfunder page and make the £1,000 payment to join the Founder’s Club.
- Contact the club at owners@salfordreddevils.com with CU UPGRADE in the subject line providing full name and email address. We can then process the return of your original investment.
Salford Credit Union is an ethical, not for profit organisation with the aim of helping its members at the heart of everything it does. They offer savings and loan products to people living and working in Salford. All loans are fully regulated and are approved subject to status.
Salford Credit Union do not charge Loan Set up Fees, Administration fees or Charge for Early Repayment of the Loan. Interest is charged on the reducing balance, the quicker the loan is repaid the less interest will be charged.
Salford Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct authority and the Prudential Regulation Authority.
Information correct at time of publish. Salford Credit Union may use Credit Reference and Fraud Prevention Agencies to help make decisions. Only those living or working in Salford may apply for a personal loan with the Salford Credit Union. Salford Credit Union are often able to help people who don’t have great Credit Scores, but we regret we are unable to offer a loan if you are in a Debt Management Plan, Individual Voluntary Arrangement (IVA), Debt Relief Order (DRO) or have been declared Bankrupt within the last two years.
