Moon Banking

Methodist Chapel Aid

in the United Kingdom 🇬🇧

Methodist Chapel Aid in the United Kingdom is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Methodist Chapel Aid in the United Kingdom

Methodist Chapel Aid (MCA) is a specialized UK financial institution that provides lending and deposit services exclusively for Christian churches and related organizations. Operating under the registered name Methodist Chapel Aid Limited, the company is regulated by the Prudential Regulation Authority (PRA) at the Bank of England. MCA focuses on providing loans at the lowest practicable rates to enable churches to acquire, develop, or repair church buildings, while also offering competitive deposit accounts to individuals, churches, and other organizations.

The institution serves a niche market within faith-based financing, with loans typically ranging from £25,000 to £750,000. Customer deposits are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).