Save as you borrow

Save as you borrow - credit unions creating good habits In February 2017, the Fairbanking Foundation released a report that concluded that credit unions as a result of the practice whereby you have to save as you borrow (SAYB) created good savings habits. The practice encourages their members to put an amount into a savings account as part of making a loan repayment.  The SAYB model of lend...

Continue Reading ...

Loan for funeral costs

Loan for funeral costs Funeral costs vary significantly from one provider to another but the average is around £4,000 which for many would come as an unexpected shock on top of the loss of a loved one, especially if the estate is unable to cover the cost. Some people are organised for such an event by paying into a funeral plan so that their family do not have the unnecessary worry of sudd...

Continue Reading ...

Kid’s half term on a budget!

We all know entertaining kids throughout the half term holidays can be a tough, especially on a budget! What do you do every day? How much money do you spend on activities with the kids? What do you do if the weather is bad? But hang on, there is no reason to worry! Derbyshire is full of great activities for families to do throughout the holidays for brilliant, affordable prices, making h...

Continue Reading ...

Notice of Annual General Meeting 2018

The 2018 Annual General Meeting of Derbyshire Community Bank (trading name for Erewash Credit Union) will take place at Derby Cathedral, Derby on Tuesday 20th February at 6.00 pm. Please let us know by email at info@dcbank.org.uk if your attending so that we can provide sufficient refreshments or confirm your attendance on our Facebook page event. To keep up to date with news, inform...

Continue Reading ...