Company Information

Get to know Citysave Credit Union Ltd

Citysave Credit Union is a not-for-profit financial co-operative that was established in 1988. It is owned by and run for its members, with a mission to provide ethical savings accounts and affordable loan options. Unlike traditional banks, any surplus generated by Citysave is returned to its members through dividends or used to improve services. The credit union operates under a "common bond," meaning membership is open to individuals who meet specific criteria, such as living or working in a particular geographical area.

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Financial BankingPRIMARY
Financial Other Service

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Citysave Credit Union Ltd

United Kingdom

Founded in

1988 (38 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.