CNEDCU is run on a day to day basis by a team of dedicated staff and volunteers and is overseen by a Board of Directors who are elected from our members.

We provide a range of financial services to anyone who lives or works within Derbyshire. As an adult member you can save from the age of 16 and you can take out a loan from the age of 18.  We also run a Junior Savers scheme with deposits from as little as 50p.

CNEDCU strives to be a convenient, safe and secure place to save and borrow and is committed to providing a personal, friendly, efficient and fair service.

CNEDCU is regulated and authorised by the Financial Conduct Authority Reference Number: 213954.  Click the FCA logo below to find us on the register.

“Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority”

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.



In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each making a total of £170,000. The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with the credit union, including their share of any joint account, and not to each separate account.

For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call 0800 678 1100 or 0207 741 4100.