Not-for-profit financial cooperative. Owned and run by members. Over 1200 savers. Operating locally as: Aylesbury Vale Community Bank MK Community Bank and Thame Community Bank
An affordable alternative to high-cost lenders. Reaches out to families & communities on low-income. Offering everyone in the community the opportunity to save & borrow ethically. Last year we issued 169 loans with a value of over £206,000 to our members.
Savings Flexible: As little or as much as people want. Dividends when we a surplus. Savings are covered by the government FSCS and are 100% safe. Borrowing Standard loan rate for over £500 is 2% per month (26.8% APR) (£13.40 interest per £100 borrowed). NEW Child Benefit loan and savings account, and Home Owner Loans
Spread the word – talk to friends, family and neighbours, take a leaflet and signpost people to us. Ask your employer to introduce a salary deduction scheme for the credit union. Supply your contact details for our e-newsletter and like us on facebook. Give us your “good news” stories to use in our newsletters. 5 How can you help?