Company Information

Get to know HEY Credit Union

HEY Credit Union is a community-focused financial cooperative dedicated to providing ethical and accessible financial services. As a not-for-profit organization owned by its members, it prioritizes people over profit. Its mission is to promote thrift by encouraging members to save regularly and to provide access to loans at fair and reasonable rates of interest. The credit union was formed through the merger of several smaller credit unions, including the Hull and the East Yorkshire credit unions, to better serve the financial needs of individuals and families within its "common bond" area.

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Financial BankingPRIMARY
Financial Other Service

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HEY Credit Union

United Kingdom

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 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.