Company Information

Get to know Clockwise Credit Union

Established in 1992, Clockwise Credit Union is a member-owned financial institution that operates on a not-for-profit basis. Its mission is to provide its members with access to affordable credit, encourage regular savings, and offer a range of ethical financial services to help them manage their money effectively. Unlike traditional banks, profits are returned to members through better rates and improved services. Membership is based on a "common bond," typically tied to living or working in a specific geographical area or being an employee of a partner organisation.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Payment

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Clockwise Credit Union

United Kingdom

Founded in

1992 (34 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

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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.