Family Loans

Raising a family can be expensive and often comes with costly surprises such as School Trips, Uniforms or new equipment. A Family Loan from Community First can help you spread the cost of whatever your family needs, whether it’s a new laptop for school work, or a holiday for the family to relax together.

Approval of a Family Loan from Community First is conditional on you having your Child Benefit paid to your Community First account, and so it is easier for us to approve your application. Rest assured however, that we will take measures to ensure any loan we approve is affordable.

Loan calculator Apply for a family loan
I would like to borrow
and pay it back over
  • Every Week Total Total Interest Payable
  • Every 2 Weeks Total Total Interest Payable
  • Every Month Total Total Interest Payable

The figures given are for illustrative purposes only. Actual Interest rates may vary subject to loan amount and status; the maximum APR on a loan of [LOAN_VALUE] is [MAX_APR]. Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.


  • Easy application, assessed by a person not a machine.
  • Easy repayments, as they’re straight from your Child Benefit.
  • No early exit fees.
  • Save Whilst you pay.
  • Boost your credit rating.*

*Regular repayment of credit, as part of responsible use of credit, may improve your credit rating and eligibility for financial products.

Who Can Apply?

  • You live or work in North or South Yorkshire, Kirklees, Wakefield or Hartlepool and are aged 18 or over.
  • You have child benefit paid directly into your Community First account.

How to Apply?

If you’re not already a member of the credit union you can join at your nearest branch, or by completing our online application.

Join online

Apply Online

You can apply for a loan online through the member’s area and logging into your account.

Apply Now!

Apply in branch

You can apply in person in one of our branches across the region.

Find your local Branch

Frequently asked questions

No responsible lender can guarantee to issue a loan; however, we will work with you to approve and issue an affordable loan to help you and your family.

You are free to do what you chose with any deposit over the agreed loan repayment. You could chose to leave it in your Community First account as savings, or withdraw it either in cash at a local branch, or transfer the funds to a UK bank account of your choice using online banking or our mobile app.

Community First is a savings and loan cooperative, which means that you, as a member and customer, are also an owner. We operate for the benefit of our owner-members and community, and any profits we make after operating costs go back to you, the owner-members, not to board members or outside investors.

To qualify for a Family Loan and any Family Loan promotion, you must have your Child Benefit paid into your Community First account. However, we have many other loan products that you may apply for without the need for your Child Benefit being paid to your Community First account.

You can inform Child Benefit of a change to your account details at Community First Credit Union bank details are Account 67008362 Sort Code 089088

You can only have one Family Loan at a time, however, if you need a new Family Loan before you have finished repaying your current Family Loan, you can apply to “top-up” your current Family Loan.

We will work with you to agree to a suitable repayment plan on any outstanding balance.

Your Family Loan and any special rates were agreed on the condition you have your Child Benefit paid in to your Community First account for the duration of the loan. If you stop having your Child Benefit paid in to your Community First account, you may lose any special rates agreed for you Family Loan, and may be denied access to future special rates or promotions.

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