Safe Secure Savings

Unlike a savings club, we are regulated by the FSA (Financial Services Authority) and all monies saved are covered by the FSCS (Financial Services Compensation Scheme). We also offer free life insurance*.


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New Requirement for Cashable Cheques over £2,000

As a member you will be aware that if we make a payment directly to you, it is often a cheque that can be cashed free of charge at the Co-operative Bank Swansea. Due to new policy implemented by the… read more

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Debit Cards

Now accepting card payments

We are happy to announce that you can now deposit funds into your account with a debit card, either in person or over the phone. Acceptable cards are as follows: Visa Visa Debit Visa Electron Mastercard Debit Mastercard Maestro Unfortunately… read more

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New Online Account Access

Apply for online account access today!

Welcome to our new website! One of the major new features is online account access. If you are an existing member of LASA Credit Union you can now: Check your account balances Request a statement of your account Request a… read more

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Welsh Credit Unions advertising campaign

The Credit Unions of Wales worked together to develop a national campaign which was put together using the services of the Cardiff Headquarters of leading advertising agency Golley Slater.  The project has demonstrated just how much can be achieved when… read more

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Statement: Cash ISAs

After much interest from members, we looked into the possibility of offering Cash ISAs. We have made the decision not to offer a Cash ISA until the 2015/16 financial year at the earliest. The reason for this decision, is that… read more

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2013 Review

2013 was an eventful year for LASA Credit Union. In fact it was probably a year we’ll never forget. Here’s a round up of what happened. We entered into discussions early in the year with Swansea Council and local housing… read more

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BBC Three HD

‘Young, British and Broke: The Truth about Payday Loans’ BBC Three

BBC Three have produced a TV programme about young people borrowing from Pay Day lenders. As part of the programme, we were featured as an alternative to the high cost pay day lenders. You can watch the programme if you… read more

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What is a Credit Union?

LASA Credit Union is a financial co-operative, meaning we are owned and run by our members (customers). Credit Unions understand their members’ circumstances and help them to access savings and loans products that they might not be able to otherwise access.

Part of the Community

We’ve been a part of the community in Swansea for twenty years providing safe, secure saving accounts and low-cost loans. We also work with a wide selection of other organisations in the community.

Free Life Insurance

Members aged 18 to 65 have free life insurance on their savings and loans. In the event a member passes away, their nominated beneficiary on the account will receive any savings plus an additional life insurance payment, based upon their savings. If a member passes away and has an outstanding loan, the loan would be paid off. Terms and conditions apply.