Coronavirus Contingency Plan

Dear Member,

Due to the Coronavirus, we may need to change our work practice due to reduced staffing or staff working from home.

The rate at which emails are received has significantly increased with more members requesting withdrawals. This increase in emails means that the time we take to respond may increase and hence your withdrawal may take longer than usual.

By far the quickest way of getting a share withdrawal is through the Members Area on the website. If you have yet to register for the Members Area on the website you should do it straight away. You can register here.

Members Area share withdrawals are processed on a daily basis and if submitted before 9 am will show in your bank account the same day or after the next working day. By comparison, email requests for share withdrawals could take up to three working days.

Kind regards,

M for Money Credit Union team

Member referral scheme for Child Benefit borrowers

Members that refer a new member to M for Money for a Child Benefit Loan can now claim a £50 referral bonus for themselves and the new member, who will also receive a £50 bonus.

Our Child Benefit Loan is the most popular loan that we have whereby last year we loaned out almost £500,000 to our members. This year we are already on target to significantly beat that.

You can help by referring your friends that are in receipt of Child Benefit who need a loan. All they would need to do is put your name on their application form in the box labelled “Promo Code”.

As soon as we pay their loan, £50 will be added to both of your accounts with the credit union. Neither payment can be withdrawn for six months by which time they will be ready for their next loan.

Child Benefit Forms are available from the website.

Please note that Terms and Conditions apply.

Building a community

The strength of the communities that we live in relies very heavily on the ability of the members that live there to access finance when confronted with unexpected disasters. This is sometimes referred to as resilience or the ability to recover quickly.

Members of M for Money, when faced with a financial challenge, are more likely to be able to access money from their savings or by taking a credit union loan than those people living in an area with no access to affordable credit.

The more people that join the bigger we get and the better the service that we can provide for our members. So, no need to be shy, tell your friends about M for Money and let’s make it grow as our community grows.

Member referral scheme for payroll savers and borrowers

As the strength of a credit union relies on the support of the local community, whether it’s where you work or live, we are on a mission to grow our credit union. On that note, we would like to introduce our M for Money Credit Union referral scheme.

About the referral scheme

If you refer a colleague and they take an introductory loan of up to £2000, which is payable over three years, you and your colleague will both receive an additional £100 to your account.

How it works:

Step 1: Your colleague needs to complete the Joining and Loan forms. They would then have to email the forms to

Step 2: You would also need to complete the Loan form with the referee’s name in the ‘Promo Code Box’ on the Loan Form. This cannot be added after the form has been received. Once completed, email the form to

Step 3: If your colleague then goes ahead and takes the introductory loan, we will email you both confirming that you’ve qualified for the referral bonus.

You can refer as many colleagues as you wish.

Ts&Cs apply. *

Three reasons why your colleagues should join the M for Money Credit Union:

  1. We are a not-for-profit so your money is safe
  2. We have low-interest rates therefore when you borrow a loan, you are also saving money
  3. All savings up to £85,000 per member are guaranteed by the Financial Services Compensation Scheme.

We look forward to having your colleagues on board.

Annual General Meeting 2020

We would like to invite all members and supporters of the M for Money Credit Union to attend our annual general meeting (AGM) on Thursday 26 March 2020 at 6.30 pm. It takes place at Uxbridge College Park Rd, Uxbridge, UB8 1NQ.

This is our opportunity to report back to you as the board as well as get your approval on matters as new board members and a proposal from the Board that we should pay a dividend.

Agenda for the AGM 2020
Minutes of the 2019 AGM
Financial Statements 2019

We look forward to seeing you there.

Manage your money and reach your financial goals

We recently came across the MoneySkills app which was created by researchers from the Centre for Business in Society (CBiS) at Conventry University. The app combines practical tips and step-by-step guides to help you manage your money and reach your financial goals. It has the following features:

• Goals tool that will help you set and track your financial goals
• Ezines that are short and easy to read
• Explainer videos that will teach you how to budget, set goals, save money and more
• Interactive budget planning tool

What’s more this app is FREE and is available to download from the App Store or the Google Play Store.

For more information, you can visit their website.

Happy International Credit Union Day!

It’s International Credit Union Day! Today’s the day we celebrate the spirit of the global credit union movement. We also had another reason to celebrate; it was the 70th Anniversary of ICU day! This year, we thought of a great way to celebrate the good that credit unions around the world are doing; by hearing what our members have to say (yes, you). We asked you to send in some stories of how the credit union has helped you. From the responses, we’ve picked a few of our favourites:

“Credit union is good for me to help when financial difficulties rears its ugly head, it’s comforting to know you have a few pounds available when you truly need it.”

“Credit union is a great organisation especially for the common people who earn low wages. It has helped me to achieve a lot of developments comfortably. I would recommend anyone to save money with them.”

“Having the credit union has got me out of a financial bind a few times, as well as helped me to save.”

“Very good way of saving interest rates excellent when borrowing.”

Whether you just joined or have been with us from the beginning, thank you for being a member of M4Money Credit Union. Here’s to another 70 years!

Adventurer & Author Anna’s Award to Uxbridge College student – sponsored by M4Money!

Adventurer and author Anna McNuff joined some of Uxbridge College’s most inspiring students and employer partners to celebrate their achievements at an awards night supported by organisations including M4Money Credit Union. The M4Money-sponsored Star Award for Business was won by Jenika Ranmal.

Jenika, 21, completed the Level 2 Extended Diploma in Business, and continued on to an Access to Higher Education course. This is a qualification accepted by universities that is completed in one year rather than two. During her studies, she got herself a customer-facing job at the leisure centre, despite lacking confidence speaking due to having a speech difficulty. Plus, she also has dyspraxia, which affects physical coordination. She is an excellent student with near perfect attendance. She’s also incredibly helpful to her classmates and she volunteers in her spare time.

Uxbridge College works with 1,000+ employers in employment-related training and apprenticeships, including under the West Met Skills banner, and with 600+ employers providing work experience placements.

Guest star Anna, whose incredible endurance feats include cycling through every state in the USA and running 3,000 miles from one end of New Zealand to the other, is also the author of ‘The Pants of Perspective’ about her 148-day kiwi trip. As well as presenting the awards, Anna talked about her life and adventures – and shocked everyone by ripping off her baggy walking trousers mid-sentence to reveal the authorial ‘pants’ – a pair of lurid Spandex leggings decorated with rainbows, a unicorn, and a wolf! Students and employers who work with Uxbridge College received their awards from Anna and had their photos taken with her.

The principal of Uxbridge College, Laraine Smith OBE, said: “I would like to say a huge congratulations to all our student and employer winners at this year’s awards – as well as a really big thank you to Anna McNuff for making the evening so special. Whilst our awards are partly about some of the more apparent forms of success such as excellent grades and high pass rates, what really shines out among our winners is what they achieve as individuals during their time at college – be it through the challenges they overcome, the journeys they go on, or the people they turn into as they take up opportunities in and outside the classroom to fulfill their potential. I’m extremely proud to be at the helm of such a fantastic organisation that continues to make this possible for young people and adults year on year.”

The event, held at The Beck Theatre in Hayes, recognised winners from across the College’s academic and vocational programmes – including GCSEs, A Levels, BTEC qualifications, Apprenticeships and HNDs – and from among the 1,000 employers the College works with.

M4Money Data Privacy Notice



We are financial cooperative providing savings and loans to our members.  Membership is open to anyone living or working within the common bond, which is currently anyone living or working in the boroughs of:

  • Hillingdon
  • Harrow
  • Spelthorne
  • Slough
  • South Bucks
  • Chiltern
  • Wycombe
  • Windsor & Maidenhead

We are committed to protecting our members’ privacy. This is explained in our full privacy statement available here. A summary of your rights is given below.


We promise:

  • To keep your data safe and private
  • Not to sell your data
  • To allow you to manage your marketing choices at any time


In order to provide you with products and services, we need to collect, use, share and store personal and financial information about you.  This includes information which we:

  • Obtain from you or third parties, such as employers, credit referencing agencies (who may check the information against other databases – public or private- to which they have access), or fraud prevention agencies. This information may come from your interactions with us or with them.
  • Learn from the way in which you deposit or withdraw funds from your account or from your borrowing and repayment history.


  • Maintaining your Credit Union Account;
  • Assessing and identifying products and services;
  • Assessing loan applications;
  • Detecting and preventing crime (including money laundering);


  • Name and Addresses;
  • Telephone Numbers and Email addresses;
  • National Insurance number;
  • Date of birth;
  • Gender;
  • Bank Account details;
  • Employment details;
  • Next of kin details;
  • Account balances and transaction history;
  • Copies of documentation to prove your age, address or income. e. passport, utility bill and bank statements;
  • Telephone recordings;
  • Copies of any letters and emails to us.


For more information about how your rights apply to your membership of M4Money credit union, you can contact us at


M4Money Credit Union
The Bungalow, Pinkwell Lane, Hayes Middlesex, UB3 1PE
Phone 020 8756 3866