Company Information

Get to know east sussex credit union (escu)

Established in 2001, East Sussex Credit Union (ESCU) is a community-focused financial institution owned and controlled by its members. As a not-for-profit organisation, its mission is to promote thrift by encouraging regular savings and to provide its members with access to affordable credit at fair rates of interest. Unlike traditional banks, any surplus generated by the credit union is returned to its members through dividends or reinvested to improve services. Membership is based on a "common bond," specifically for individuals who live or work in East Sussex, Brighton, or Hove.

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east sussex credit union (escu)

United Kingdom

Founded in

2000 (26 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.