Who are we?

We might be the local bank you've never heard of


We're different - you can be too


We're the not-for-profit, ethical and local community bank for Hampshire.


We opened in 2001. We've grown quite a bit since then and over 46,000 local people have become part of local banking. We've lent over £26 million to local people across Hampshire in small loans and continue to grow.


Local money that 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. We also use some of the profit we make to provide finance through our grant scheme for local groups, events and charities .



Personal Loans

Low cost & affordable

Current Accounts

VISA debit & no credit check

Savings Clubs

Christmas savings clubs & more

Membership Benefits

Competitions and events



Community Grants

Cash awards for local groups



Cash ISA

Guaranteed capital protection




Investors? Shareholders? No thanks.


We don't have greedy shareholders or investors taking dividends or profits out of our business. As a co-operative organisation, when you take a loan (or save from as little as £1) you become a part-owner in our bank.


What makes us so different?


We won't allow shareholders or investors to take our profits. When we make money, we can give this back to you (our Members) in the form of annual dividend payment. *not guaranteed (0.5% 2016)


Having no shareholders or investors also means you have a say in how we run our business, not a fund manager or corporate investor. You have voting rights (even if you only have £1 in your account)and can have a say in how we run our bank and can vote at our AGM.


We're 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)


Community based & transparant.  


We pay our staff a reasonable salary, we run our business in an efficient way and any profits we make, go back in to the local community. You won't find big bonuses, flashy cars or gold taps here.


What call centre!


Local staff work from our officies in Portsmouth. Friendy helpful people who will always go the extra mile. 



Our history



Portsmouth Savers opens as a not-for-profit Credit Union for people who live, work or study in Hampshire



Portsmouth Savers acquire Winchester Savers



Portsmouth Savers acquire Basingstoke Savers



Portsmouth Savers acquire Southampston Savers



Portsmouth Savers rebrand all aquisitions to

United Savings & Loans



United Savings & Loans

acquire Havant Savers



United Savings & Loans

acquire Isle of Wight Credit Union



United Savings & Loans rebrand as

Hampshire Credit Union



Hampshire Credit Union rebrand as

Wessex Community Bank



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.


It's just you and us together

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Wessex Community Bank.