A Northamptonshire-based credit union has confirmed it will return more than £3.4 million to members following a strong year of financial performance and membership growth.

Commsave Credit Union has approved a 4% dividend on savings, alongside a 4% loan interest rebate for eligible borrowers, following a member vote at its Annual General Meeting. The decision will see £3.1 million paid to savers and a further £364,000 returned to borrowers who maintained their repayments throughout 2025.

The dividend applies to Commsave’s instant access savings accounts, while the loan rebate rewards members who met their loan commitments during the year.

Matt Goulding, chief executive at Commsave Credit Union, said the return reflects the organisation’s co-operative model.

“When we do well, our members do well,” said Matt Goulding. “We don’t have external shareholders. Profits are either returned directly to members or reinvested into the communities we serve.”

The AGM, attended by more than 300 members, also marked a milestone year for the credit union, with membership surpassing 41,000 for the first time. Commsave said this represented one of its strongest periods of growth in recent years.

Alongside member returns, the credit union reported continued investment in local communities. Its Community Fund distributed more than £44,000 during 2025 to causes across Northamptonshire, while Baby Basics Northampton received support as the charity’s organisation of the year.

Commsave also expanded its corporate partnerships programme, securing new agreements with employers including Transpennine Route Upgrade, WHA Healthcare and Trilogy Active. The partnerships give employees access to ethical savings, affordable loans and financial wellbeing support.

“As more employers recognise the importance of financial resilience, we’re seeing growing demand for responsible alternatives to high-cost credit,” Matt added.

As a member-owned financial co-operative, Commsave operates differently from traditional banks, with customers also acting as owners. The next dividend payment is scheduled for January 2027, subject to approval at the 2026 AGM.

Pictured: Matt Goulding, chief executive of Commsave Credit Union, speaking at the organisation’s Annual General Meeting where members approved a 4% dividend and loan rebate.