A credit union is a member-owned, not-for-profit financial cooperative that provides savings, loans, and other financial services to its members. Instead of being driven by profit, credit unions exist to support their communities. Members pool their savings, which are then used to offer fair and affordable loans to other members. Because they are run for people, not shareholders, credit unions focus on ethical lending, financial well-being, and helping members build a more secure financial future.
Derbyshire Community Bank is a member-owned, not-for-profit credit union that exists to serve the people of Derbyshire rather than maximise profits. We are open and accessible to everyone in our community, regardless of income or financial background. We focus on providing fair, affordable, and responsible financial services. This means we play an important role for people who may struggle to access mainstream banking, offering safe savings accounts, fair-priced loans, and practical support to those who might otherwise be vulnerable to high-cost credit, payday lenders, or loan sharks.
By providing a trustworthy alternative, Derbyshire Community Bank helps individuals build financial stability, avoid debt traps, and feel more in control of their money.
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