Services Bereavement Fund

Bereavement Fund

The Penny Post Credit Union Bereavement Fund is there to help our member’s nominee during the financial strain of bereavement.

In the event of a members death the fund will be used to:

  • Repay the members Penny Post loan if held.
  • Double the funds held in our deceased members savings up to a maximum of £5,000.
  • We will ensure the minimum amount we credit the nominee is £500 - if double the total savings is less than £500.
  • We will not make a claim on the member’s estate of attempt any financial redress.

Please see our Terms & Conditions

Contact Us
  • Penny Post Credit Union
  • Tel: 0333 332 1461
  • Email:
  • Web:
  • Address: North West Midlands Mail Centre, Sun Street, Wolverhampton WV1 1AA

Penny Post Credit Union was formed in 1996 as a joint project between Royal Mail, the Communication Workers Union (CWU), Communication and Managers' Association (CMA) and Welfare Services.
We are committed to providing an easy and safe way for our members to save and manage money.

Penny Post Credit Union
  • Tel:
  • Fax:
  • Email:
  • Address:
  • 0333 332 1461
  • 01902 877204
  • North West Midlands Mail Centre, Sun Street, Wolverhampton,
    WV1 1AA
Opening Hours
  • mon
  • tue
  • wed
  • thu
  • fri
  • 09:30am-04:00pm
  • 09:30am-04:00pm
  • 09:30am-04:00pm
  • 11:00am-04:00pm
  • 09:30am-04:00pm
Penny Post Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Reg No. FRN213860