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Community Investment account

Do you have spare funds?

Would you like to make an investment that will benefit members of your local community?

Our loans

Kent Savers provides loans from £300 up to £10,000 to people in Kent, Medway and Bexley.

Some of our members use Kent Savers for ethical reasons, some because we’re good value, but many other members choose us because we’re the only alternative to pay day and doorstep lenders.

Our Community Investment account

The funds for our loans come from our savers, who can invest a maximum of £18,000 with Kent Savers.

An investment of £5,000 in our community investment account will allow us to issue up to 10 loans of £500 and above to those in need, and could save borrowers switching from high cost credit many thousands of pounds in interest each year.  As the loans are repaid the money will be relent many times over.

Your investment, and the savings made by borrowers, will directly benefit your local community.

You will receive a return on your investment in the form of an annual dividend; a share of our profits.  You may withdraw your funds at any time.

Key terms and benefits

  • No minimum balance (but members must keep at least £3 in one of their savings accounts)
  • Maximum balance £18,000
  • No notice required for withdrawals
  • Dividends are paid without deduction of tax
  • Savings guaranteed

Follow this link for further terms and conditions.

Download an application form here.

Find Us here:
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Kent Savers Credit Union Tel: 0333 321 9050 Email: info@kentsavers.co.uk Web: http://www.kentsavers.co.uk
Kent Savers Credit Union is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation and Financial Conduct Authorities - Firm No. 503258