Commsave Credit Union Limited is a not-for-profit member-owned financial co-operative, based in Northampton in the English Midlands.
In the case of Northamptonshire Credit Union, membership was restricted to people residing or working in the county of Northamptonshire or the surrounding districts of Milton Keynes, Bedford, Central Bedfordshire, Cherwell, the City of Oxford, Vale of White Horse and South Oxfordshire.
[6] Membership of Commsave Credit Union is restricted to people living or working in the NN postcode area or who work for one of a number organisations, including Royal Mail, Departments of HM Government and their associated agencies or public bodies or who are members of Unite the Union.
[7] A member of the Association of British Credit Unions Limited,[8] registered under the Industrial and Provident Societies Acts, Commsave Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA.
Ultimately, like the banks and building societies, members' savings are protected against business failure by the Financial Services Compensation Scheme.