Not-for-profit Community Banking
since 2001
We exclusively serve local people across Hampshire, IOW.
We invest our profits in to our local community
Regulated by the Bank Of England. Registration number 213757
YOU ARE
WESSEX COMMUNITY BANK
We are a co-operative. When you open a loan or savings account you become a Member.
Members are owners of the bank.
Have your say in how we run your bank, how we invest your money and help us decide how to share our profits in your local community
The only not-for-profit
Community Bank for Hampshire & Isle of Wight
We opened in 2001. We've grown quite a bit since then and thousands of local people have become part of local banking. We're a regulated bank & authorised by the Financial Conduct Authority. Registration No 213757.
Local money which stays in the local economy
When you save with us, your money is not only 100% safe, but invested in the local community in lots of different ways. This helps our community grow and prosper.
Imagine it.
We talk to our Members
Imagine calling your bank and talking to a local person about your local bank account. Just chatting over helpful stuff, which helps you manage your money. We don't do big call centre.
Our ethical policy
investing with guarantees against customer loss
investing with honesty and transparency
supporting economic and social development in Hampshire & IOW
no greedy shareholders or faceless investors
Investors? Shareholders? No thanks
We don't have greedy shareholders or investors. We won't allow shareholders or investors to take our profits.
When we make money, we give this back to you (our Members) in the form of an annual dividend payment. Other surpluses are invested in Hampshire & IOW and our Community Grant scheme.
100% safe & secure.
We are regulated by the Bank of England and the Financial Conduct Authority and your money is protected by the government £85,000 compensation scheme. If something happens and our bank ceases trading, you'll get back all your money up to £85,000 invested. (currently, our maximum individual deposit is £25,000)
Loans | Savings | Current account | ISA | Community Grant
Want to talk about it.
Call us on 02392 827980
Monday to Friday 9:30am until 4:30pm
OUR HISTORY
2001
Portsmouth Savers opens as a not-for-profit Credit Union for people who live, work or study in Hampshire
-
2006
Portsmouth Savers acquire Winchester Savers
-
2007
Portsmouth Savers acquire Basingstoke Savers
-
2009
Portsmouth Savers acquire Southampton Savers
-
2009
Portsmouth Savers rebrand all acquisitions to
United Savings & Loans
-
2011
United Savings & Loans
acquire Havant Savers
-
2012
United Savings & Loans
acquire Isle of Wight Credit Union
-
2013
United Savings & Loans rebrand as
Hampshire Credit Union
-
2017
Hampshire Credit Union rebrand as
Wessex Community Bank
2018
Wessex Community Bank
with several million in Members deposits and loans,
we serve thousands of people across Hampshire.
Safe & secure
Regulated by the Bank of England and the Financial Conduct Authority and your money is protected by the government £85,000 compensation scheme.
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