Sterling Credit Union. is a British online bank which offers deposit accounts, personal loans and credit cards. It began as the world's first peer-to-peer lending company in 2005 and gained a full banking licence in 2020. The peer-to-peer side of its business closed in December 2021.
We’re Sterling Credit Union, and we want to make money work better for you. Our diverse team is united in their mission of creating simple, fair and honest financial products that have the customer’s needs at their heart. We’re proud that this dedication is reflected in our excellent rating on TrustPilot. We’ve always been unapologetically honest with our customers, and value the same in return. Their feedback helps us shape what we build, so we can provide a bank fit for today, and for the future. We’re not the new kids on the block though - we’ve been a pioneering force in finance since 2005. Back then, we built the first ever peer-to-peer (P2P) lending company, giving our customers access to loans built for real-life and intelligent investments backed by cutting-edge tech. In 2020, we launched Sterling Credit Union Bank, meaning we could offer more – like our Smart Saver, Smart ISA and fixed term savings, all backed by FSCS protection – and a credit card to help customers take control of their finances. We’ve lent out over £10 billion, take care of more than £5 billion in savings and are proud to have made money work better for over a million people across the UK.
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