Does your employer offer a payroll savings
scheme for your FAIRshare payments?
Making payments to your
FAIRshare account direct
from salary is an easy way
to save and repay loans, so
why not check and sign up
if your employer offers this
benefit for their staff.
If you’re already making regular payroll savings (or payroll
deduction) we’re sure you’ll appreciate how easy it is to
manage your FAIRshare account this way. Could you help
us by becoming a FAIRshare Payroll Ambassador and
help promote the advantages of joining FAIRshare and
the payroll saving scheme?
Might your employer be interested in offering Payroll
Savings to their staff? Please visit www.fairshare.uk.com
or call us on 01952 200200 for more details.
FAIRshare Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Our members’ money is also protected by the Financial Services Compensation Scheme (FSCS).
Clubs & Groups
Is your club, group or
organisation looking for a
local, safe, ethical home
for funds? FAIRshare
offers community
membership – visit our
website for more details.
DIY Project?
Planning a DIY project, large or
small, then talk to FAIRshare.
• Flexible loans for your budget
• No early repayment penalties
• FREE loan protection insurance*
• Affordable weekly or monthly repayments
• Interest charged on the reducing balance
Helping you save for a better future
Business Loans
Looking for a Business
Loan? FAIRshare offers
loans to businesses
trading for 6 months or
more– visit our website
for more details.
Correct Details?
Do we have your up to
date contact details? If
moving, getting married,
changing mobile or email,
please complete the
Contact Update Form on
our website or contact us.
Beneficiary Correct?
If anything happened to
you, your shares in
FAIRshare would be left
to the beneficiary you
nominated when you
joined FAIRshare. Are
the details we have
correct? Contact us to
update your beneficiary.
www.fairshare.uk.com
or call 01952 200200 or 01743 240403
Loan amount
60 monthly payments of
Interest charges
Total Loan Cost
APR
£1600 £43.31 £998.12 £2598.12 23.14%
£3500 £77.88 £1172.55 £4672.88 12.68%
£5500 £116.92 £1513.30 £7015.30 10.47%
* Terms & conditions apply
Putting people
before profit
Members’ Newsletter Spring 2015
Welcome to our Members’ Newsletter
Some of our volunteers & Directors at the Get-Together
WOW - 50 years & counting!
A huge THANK YOU to our volunteers! At the annual
Volunteers Get-Together in December 2014, we
calculated that our volunteers have, between them,
given more than 50 years loyal service to FAIRshare!
Might you be able to volunteer? Whether helping
occasionally or on a regular basis, joining our Board or
championing FAIRshare, you could help your credit
union. For more information, please visit the Volunteers
page on our website, or call 01952 200200.
Local people helping local people
www.fairshare.uk.com
Cleobury Mortimer
The FAIRshare Service
Point is in Cleobury
Mortimer on the 2nd & 4th
Friday each month thanks
to our great volunteers.
Could you help with a
FAIRshare Service Point in
your community?
Three Parishes Big
Local Partnership
In association with the
Three Parishes Big Local
Partnership we have new
FAIRshare Service Points
every Tuesday in Weston
Rhyn, St Martins
& Gobowen.
5000th Member FAIRshare reached a great
milestone in 2014 & signed
up its 5000th member. The
lucky member, a
Severnside Housing
resident from Meole Brace,
Shrewsbury, received a
special one-off silver
membership card, a membership certificate & gift voucher.
FAIRshare’s John Harrower & Mike Hill with Severnside Housing Community Development Manager, Sue Dell
Please follow FAIRshare
on Facebook & Twitter
and help spread the
word on how great credit
unions are. Visit our
page for updates, news,
information and fun
competitions.
Christmas Saver Account
Looking for a safe, easy & flexible way to save for
Christmas? Do you dread starting the New Year with a
hefty credit card bill? Then spread the cost with a
Christmas Saver Account
& start saving today!
Remember - it’s
never too late to
start saving & it all
helps towards a
great Christmas 2015!
Save from just £5 a week!
A safe and secure home for your savings
Young Savers
A FAIRshare Young Saver
Account is a great way to
teach young people to
save & manage their
money. Open to young
people from birth to
under 16 years, an
account can be opened
with just £1 - visit our
website for more details.
Safe & secure
Your money is safe &
secure with FAIRshare.
Regulated by the Bank of
England, & covered by
the Financial Services
Compensation Scheme
(FSCS) FAIRshare is the
ideal home for savings.
Cashback on grocery shopping (assuming average spend of £90 per week)
£147.00
Cashback on goods/treats/meals (assuming average spend of £50 per month)
£48.00
Cashback on family clothing, DIY, car maintenance (assuming average spend of £840.00 per year)
£72.00
Annual cashback reward (at no extra cost to you) £267.00
Per year
FAIRshare’s VISA Debit Card with Rewards
Do you shop at any of these High Street stores?
If yes, you should consider using FAIRshare’s VISA Debit
Card and in the past 12 months you could have earned
more than £250 in cashback rewards! For example -
For more information or to apply for a card, visit our
website. One-off card fee of £5 applies.
Easy ways to save
It’s easy to pay money
into your FAIRshare
savings account - deposit
cash or cheques in our
branches, set up a regular
standing order or bank
transfer, deposit cash with
a PayPoint card, payroll
savings if offered by your
employer, or pay benefits
directly into your account.
Visit our website for more
details.
Branches in TELFORD and SHREWSBURY call 01952 200200 or 01743 240403 now
@FAIRshare_CU FAIRshareCreditUnion www.fairshare.uk.com
FAIRshare Loans
From time to time we all need a bit of extra cash.
Sometimes it’s for life’s necessities like school uniforms
or car tax, sometimes it’s for unexpected expenses like
car or home repairs, and sometimes it’s for the nicer
things in life like a holiday.
FAIRshare offers affordable,
low-cost loans to its
members. Our loans are
tailored to suit your individual
circumstances and your
ability to afford the
repayments.
If you are looking to borrow
money, talk to FAIRshare & see how we can help!
Borrow with confidence
Saving you money
In the past 12 months,
we've saved our members
as estimated £625,000 in
interest compared to
payday lenders - money
saved for our members
and retained in the local
community.
Did you know? FAIRshare loans are
covered by FREE Life
Insurance* at no extra
cost to you - so if you die
before repaying the loan,
the balance would be
paid off for you. * Terms & conditions apply.
* Excluding Handi-Loan
Interest Rates
Our interest rates can be
up to 25 times cheaper
than Door Step lenders &
up to 100 times cheaper
than Pay Day lenders. By
law Credit Unions can’t
charge more than 3% a
month interest (or 42.6%
APR). Talk to FAIRshare to
see what could save.
Charges
FAIRshare loans have -
• NO hidden charges
• NO early repayment
penalty*
• Interest calculated on
the reducing balance
Handi-Loan with OpenCash
A great NEW loan for new members or if you
haven’t saved regularly. Borrow £300 - £500 at
a fixed repayment of £14 a week, with the added benefit
of OpenCash, the easy way to top-up a loan.
Saving as you borrow - your weekly repayment
includes a minimum saving of £2.52 a week savings -
borrow £500 and after 52 weeks you will have repaid
your loan and saved more than £130.
Open Cash gives you
the flexibility of a credit
card, the convenience of
a Pay Day loan, all at a
competitive interest rate.
Representative example -
Borrowing £500 over 52 weeks will cost £11.48 a week
+ £2.52 a week savings – £14 including savings. Total
amount repayable is £596.96 which includes interest
at 42.6% APR (3% per month). Rate of interest 19.4%.
Total savings £131.04 after 52 weeks.
Apply online today