The mutual
advantage

Halcyon Money is part of Transave, a not-for profit financial co-operative.

We believe being a mutual organisation is what sets us apart. It means we don’t have shareholders or investors to pay.

Instead, we’re 100% owned by our members and we can focus on ensuring that they benefit from the services we provide.

Our goal

Our goal is not profit at all costs; it’s doing the right thing.
We show this by:

  • Providing highly competitive financial products that deliver an outstanding return to our members.
  • Being transparent and fair in all we do – for example no hidden fees and charges.

Using your funds for social good

Funds that are invested in our fixed term savings product will primarily be used by us as loan capital for members who are key workers in the Transport, Healthcare and Environmental Services sectors.

Most of these workers are on medium to low incomes and as a result can be locked out of affordable credit from mainstream lenders.

In many cases we are able to provide an affordable loan to these individuals which prevents them from having to borrow from predatory or unlicensed lenders.