Derbyshire Community Bank is a credit union, a not-for-profit financial co-operative offering ethical and affordable loans and savings to the people of Derby and Derbyshire. Owned and controlled by its members.
As a financial not-for-profit co-operative. Derbyshire Community Bank is ‘owned’ by the 4,000 members who save and borrow with the credit union. Unlike a conventional bank, a Credit Union is run by the people who use it. All of our adult members can vote on decisions at our Annual General Meeting or volunteer for one of our committees or board.
The board of directors are unpaid volunteers and bring their skills and experience to the running of the credit union and ensure compliance with our statutory duties.
Our vision is for the Credit Union to offer high quality, fair and community focused financial services for all people living and working in Derbyshire. The Credit Union will combat financial exclusion by working in partnership to provide sustainable access to safe savings and affordable loans for all those living or working in the County of Derbyshire.
We have 7 staff members at our office in Derby who manage the day-to-day operation led by our CEO Phil Cole
We have a great team here in Derbyshire Community Bank & their hard work doesn’t go unnoticed. They are the engine that drives the Credit Union machine and everything we strive to do!
Meet the TeamAt Derbyshire Community Bank, we’re proud to collaborate with a wide range of local organizations that share our commitment to enhancing the wellbeing of individuals and communities across Derby and Derbyshire. These partnerships allow us to provide even more opportunities, support, and resources to help our members thrive.
To learn more about the organizations we work with and how these partnerships could benefit you, visit our Partners page. Together, we’re building a brighter future for all. Click the button below
Our PartnersAt Derbyshire Community Bank, we are committed to making a positive difference in the lives of people across Derby and Derbyshire. Our mission goes beyond financial services as we are dedicated to empowering our local communities by promoting financial wellbeing, inclusion, and resilience. From supporting local causes to providing affordable credit, we work to ensure that our members and the wider community can thrive. To learn more about how we’re creating a lasting social impact, click the button below.
Our Social Impact
At DCB, we offer a range of different positions such as
Erewash Credit Union Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered number 432447. Registered Company No. IP00730C on the Mutuals Register.
We are governed by our rules, which are publicly available on the FCA Mutuals register. The board of directors are unpaid volunteers and bring their skills and experience to the running of the credit union and ensure compliance with our statutory duties.
Our Rule Book
Our Common Bond is the thing that brings the Members of a credit union together as a community. For Derbyshire Community Bank, our Common Bond is:
