Welcome to the RMT Credit Union
RMT CREDIT UNION
CORONAVIRUS UPDATE April 2020
Dear member
You are of course aware of the current situation around the COVID-19 pandemic. RMT Credit Union has as all other organisations, a duty of care to its workers and to its members at such a difficult time.
We, the Board of Directors (members committee), looked at how we operate and how the pandemic, and its ramifications, impact upon what we do and what we can offer going forward.
The first step was to close the main office and our two staff, Nicola and Steve are working from home until further notice. Most services and activity will continue as normally as possible during this time. However, due the very nature of the adjustments, please be patient as things may take slightly longer to process and action.
All transactions during this time will be dealt with via email only. No physical paperwork will be produced to comply with rules on lowering the risk of spreading infection.
In line with most financial organisations we do have in place a facility for members to request a 3 month payment holiday in times of difficulty such as being furloughed on 80% basic income. If anyone wishes to make a request for a Payment holiday or reduction in payments during this period, they will be required to produce some supporting evidence as part of their application. The period will be for a maximum of three months, with a review of circumstances at the end of that period.
PLEASE NOTE THAT DURING THE PAYMENT HOLIDAY, INTEREST WILL STILL ACCRUE ON THE LOAN
Loans are still available at this time, but as an ethical lender we must ensure that the borrower will be in a position to pay back the loan with interest and not get into further debt which they cannot cope with.
If you have any problems with payment of outstanding balances, please in the first instance and as soon as possible, contact us at the RMT Credit Union and we will do our best to help and support you through these difficult times.
Yours in solidarity
The RMT Credit Union
Run by the members for the members
The RMT Credit Union is a mutually beneficial savings and loan organisation which offers ethical savings and loans to its members.
The key to the RMT Credit Union is 'keeping it simple'. You must save a minimum of £5 per month with us. You can then after a short time borrow from us. As you pay down your loan amount each month, you only pay interest on the outstanding balance.
There are no hidden costs to saving and borrowing with the RMT Credit Union. If you pay up early you simply pay the balance and any interest due at the time. NO Handling or Administration charges and NO penalty charges.
ACCESS YOUR ACCOUNT
Please follow the step by step process: (A)
- Click on Member login at the top right hand corner of this page
- Enter your RMT union membership number (not Credit Union number)
- Enter your RMT union password
If you have forgotten your password please use the 'forgotten password' function.
If you are a non RMT union member please contact the Credit Union on 020 7529 8835 or 020 7529 8841.
REGISTER AS CONTACT
You then follow the log in procedure from A to B
After logging into the RMT Trade union site (B)
- Click on “eMembership” (top right hand corner)
- Your RMT union details will appear
- Click on my Credit Union (icon on left of page)
- Enter Credit Union account number (with all the zero’s first)
- Enter your PIN Number
Reviews
"I saved with the RMT Credit Union Summer account and paid for my holiday of a lifetime to Niagra Falls in Canada. I barely noticed the money coming out and then I had enough to fly for my dream"
Office Hours
| Monday - Thursday | 09:00 - 17:00 |
| Friday | 09:00 - 16:00 |
| Saturday | Closed |
| Sunday | Closed |
| Bank holidays | Closed |
The RMT Credit union is affiliated UKCU A National Trade Association for Credit Unions, Steering Groups and Credit Union Support Organisations
Your eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the £85,000 limit are not covered.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, FRN No 228612
Company Registration No. 705C
Unity House
Tel: 020 7387 4771
Email: