Business Details
31 Years
experience
Your Trusted Partner for Ethical Financial Services in Brentford
With a proud heritage spanning three decades, we have established ourselves as one of the UK's leading credit unions, serving over 25,000 members nationwide. Selected by the Ministry of Defence in 2015, we specialise in providing accessible financial solutions to serving military personnel, veterans, and their families. Our commitment to ethical financial practices ensures members receive fair borrowing rates, flexible savings options, and essential financial education tools. As a member-owned cooperative, we prioritise the needs of our community over profit, offering an ethical alternative to traditional banking institutions. Our payroll deduction system simplifies financial management, allowing members to build savings habits seamlessly.We actively support financial resilience through tailored products like our exclusive 10% discount partnership with The Gym Group. Backed by the Financial Services Compensation Scheme, our deposits are protected up to 85,000, providing complete peace of mind. Our team combines extensive industry experience with a deep understanding of military community needs, ensuring our services remain relevant and impactful. Through continuous innovation, we maintain compliance with rigorous regulatory standards set by the Prudential Regulation Authority and Financial Conduct Authority. Our mission remains focused on empowering members to achieve financial stability through transparent, member-centric services.
Services
Savings Accounts
Personal Loans
Car Loans
Consolidation Loans
Financial Education
Junior Savings
Fixed Term Deposits
Flexible Savings
Prize Savings
Regular Savings
Details
- Year established: 1995
Highlights and features
- 30 years' experience serving military communities
- Ethical member-owned cooperative model
- Exclusive 10% gym membership discount
- Payroll deduction savings system
- MOD-approved financial resilience partner
Associations and certifications
- Prudential Regulation Authority
- Financial Conduct Authority
- Financial Services Compensation Scheme
Services
Savings Accounts
We offer a range of savings accounts with projected annual dividends up to 4.1%, including flexible access and fixed-term options. Our payroll deduction system helps members build regular savings habits while benefiting from full FSCS protection up to 85,000.
Personal Loans
Loans from 1,000 to 25,000 available at competitive rates starting from 7.9% APR. Designed for military personnel and families, these loans include free life and loan protection cover with flexible repayment terms aligned with payroll cycles.
Financial Education
Our 'Let's Talk Money' programme provides practical financial literacy resources. Members access tools for budgeting, debt management, and financial planning tailored to the unique challenges faced by military families and veterans.
Junior Savings
Special savings accounts for children that teach financial responsibility from an early age. Parents can set up regular payroll deductions to help young savers build financial habits while earning competitive returns.
Consolidation Loans
Designed to simplify debt management, these loans allow members to combine multiple debts into one affordable payment. Includes free life protection cover and flexible terms to suit different financial circumstances.
Questions
Who can join First Defence Finance?
We serve current and former military personnel, including Royal Navy, Army, RAF, and Reserves members, plus their families across the UK.
What savings products do you offer?
We provide various savings options including regular saver accounts, fixed-term deposits, prize savings, and junior accounts with competitive dividend rates.
How do payroll deductions work?
We arrange automatic payroll deductions through your employer to simplify savings contributions and loan repayments directly from your salary.
Are my savings protected?
Yes, all deposits are protected under the Financial Services Compensation Scheme up to £85,000 for added security.
What loan types are available?
We offer personal loans, car loans, consolidation loans, home improvement loans, and special purpose loans up to £25,000 with transparent terms.
Do you offer financial education resources?
Our 'Let's Talk Money' programme provides practical budgeting tools, debt management guidance, and financial planning resources tailored to military families.