Updates
    40th Anniversary

    40th Anniversary

    We've been serving BAE Systems employees for 40 years! Celebrate with us.
    It's All About You

    It's All About You

    You can now apply for your loan online, without leaving your home. Apply today!
    Members Area

    Members Area

    Click the button below to register or access your account 24/7.

    Apply for your loan online

    Apply for a loan today with interest rates that suit you!

    Repayment
    9.9% APR

    Months

    Monthly

    Interest

    Total

    This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

    Services we offer

    How Can We Help?

    LOANS

    LOANS

    We offer a wide range of loan types to suit you. From Personal Loans to Secured options, select a loan that works for you.

    SAVINGS

    SAVINGS

    Whether you’re saving for future or for a ‘raining day’, set up a savings account that will last you for life.

    PRIZE SAVER

    PRIZE SAVER

    Saving into a Prize Saver account gives you up to 200 entries into a prize draw with a jackpot of £5000 every month.

     

    40th Anniversary

    Serving BAE Systems employees for 40 years

    Become a Member

    Unlock the exclusive benefits available to you by becoming a member today and join our credit union community supporting all our members.

    Latest News

    Read the latest news and events at First Rate Credit Union!

    First Rate Credit Union's 40th Anniversary
    15 Jun 2022

    First Rate Credit Union's 40th Anniversary

    The 15th June marks a huge day in the history of First Rate Credit Union as we celebrate our 40th anniversary, exclusively serving the amazing people of BAE Systems.

    Read More
    International Credit Union Day
    21 Oct 2021

    International Credit Union Day

    On Thursday, Oct. 21, credit unions in our community and worldwide will come together to celebrate International Credit Union Day® and the role that financial cooperatives play in improving the communities

    Read More
    3..2..1..Blast Off!
    04 Oct 2021

    3..2..1..Blast Off!

    Over 1400 people tried the app and have used it to chat with us, exchange or sign documents, and carry out ID verification. It's easy and comes with bank-grade encryption and security. 

    Read More
    It's a no-brainer
    04 Sep 2021

    It's a no-brainer

    When lending money we mainly look at 2 things. Will we get the money back? and Can the member afford for us to take it back? Most of the time the answer to the first question is easy because the payments will come directly through payroll.

    Read More
    Don't wait 'til it's too late
    09 Aug 2021

    Don't wait 'til it's too late

    Saturday saw one of the worst downpours in my area for a long time and it taught me something. It taught me that the flat roof on my kitchen extension is leaking.

    Read More
    Can you save over £15,000?
    18 Nov 2019

    Can you save over £15,000?

    If you've found yourself paying minimum payments on your credit cards the time to do something about it is now. You can apply now online! Remember this offer is only for BAE Systems People!

    Read More