Open University Employees Credit Union

Open University Employees Credit Union is a member-owned financial co-operative exclusively serving employees of The Open University, the UK's largest distance learning institution. As a credit union, it operates as a savings and loans co-operative providing financial services to staff members of the university. The institution is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), ensuring that members' deposits receive the same protections as traditional banks and building societies.

The credit union serves a defined common bond - employment at The Open University - which is a characteristic feature of many UK workplace credit unions.