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Frequently asked questions

About Kent Savers

Q What is Kent Savers?

A Kent Savers is a credit union – unlike a bank, all of Kent Savers profits are reinvested in the business or given back to its members as a profit share (a dividend). A credit union is legally obliged to encourage its members to save money. Usually a proportion of a loan repayment is allocated to a savings account, so that once you have repaid your loan, you will have a certain amount saved in your savings account. For example, when you have repaid a typical loan of £1,000, you could have over £200 in your savings account.

Q Who can join the credit union?

A To become a member of Kent Savers you must be aged 18 or over and live or work within our common bond. Our common bond is the historical county of Kent - i.e. the area currently administered by Kent County Council, Medway council or the London Borough of Bexley.

Q Where is Kent Savers based?

A Our office is in Maidstone but Kent Savers Credit Union operates across the whole of Kent, Medway and Bexley.


See our savings FAQ page.


See our loans FAQ page.

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Kent Savers Credit Union Tel: 0333 321 9050 Email: Web:
Kent Savers Credit Union is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation and Financial Conduct Authorities - Firm No. 503258