- An area where all the members live or work together in the same locality
- Where all members are in the same profession or work for the same employer
- Where all members are in the same club or association
The Common Bond defined in our rules:
a) an individual residing in or being employed in the locality of the County of Derbyshire or the City of Derby as delineated on the attached map
b) a body corporate, an individual in his/her capacity as a partner in a partnership, an individual in his/her capacity as an officer or member of the governing body for an unincorporated association, if the body corporate, partnership or unincorporated association has:
i. a place of business in the above locality
c) an individual who is a member of the same household as, and is a relative of, an individual who is a member of the credit union and falls directly within a common bond specified above