Company Information

Get to know 6Towns Credit Union

Formed in 2011 through the merger of three smaller credit unions, 6 Towns Credit Union operates as a financial co-operative owned and controlled by its members. Its mission is to promote thrift by offering a secure place for members to save and to provide access to affordable credit at fair interest rates. As a not-for-profit entity, any surplus generated is returned to its members through dividends or reinvested to improve services, rather than being paid to external shareholders.

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Financial BankingPRIMARY
Financial Other Service

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6Towns Credit Union

United Kingdom

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.