Manx Credit Union
One film, six cuts. Watch the full three minutes or pick the edit for your audience — the same figures throughout.
All 18 beats: the machine, every input, the engine, the controls (four eyes, roles, security), and every output.
Shorter edits of the same material.
Members, Staff and Clients: what a member experiences, what a staff day looks like, and the pitch.
Figures are the real family-loan rule (3% per month, actual/365): £1,000 for 30 days is £29.59.
In: bank statements, member records, applications, staff decisions. Out: member balances, credit union income, an audit trail, analytics and packs.
Statement line plus member reference equals a matched repayment. Repayment plus accrued interest equals interest cleared and principal reduced. That plus the fold equals income booked to the credit union's ledger.
Statements matched by reference, name and history, with anything uncertain parked for a person. Members known once: identity, documents, shares, history. Products carrying rate, term, limits, shares required and eligibility.
Applications from portal or desk into one queue. Committee sees one file and its decision and reason are permanent. Four eyes: whoever records a payment can never verify it.
Interest accrues daily on the real balance (£29.59 on £1,000 over 30 days at 3% per month), folds into the balance monthly, and every payment clears interest before principal. Arrears are flagged, with grace on entry for benefit-paid members.
Requested, docs in, interview, committee, approved, awaiting payout, paid out, active, complete. A loan is only ever in one of these and no step can be skipped. The honest endings a real book has are there too: changes requested, rejected, in arrears, consolidated after a top-up, written off.
Income £1,240, outgoings £890, £350 left over against a £96.44 payment. The answers and the arithmetic are saved to the case, so the committee reads what was said rather than a summary.
An agenda with quorum, each loan decided in turn, votes recorded and the reason written down against the decision.
Interest collected, interest accrued but uncollected, and recognised income to date, built from the same rows as member balances so the two cannot disagree.
Thirteen roles from receptionist to internal auditor, enforced at the server rather than hidden in a menu. Member sessions are scoped to that member. Document downloads are recorded. Data can be exported and taken with you.
The page does not scroll away: long lists scroll inside their own panel, detail stays put, and actions open over the top so you never lose your place.
An always-on audit trail across due diligence, KYC, payments, shares and document access. An analytics studio to group the book by product, officer, arrears band or month. A member portal to apply, sign, check balances and message the office.