Same day loans!

With all the recent changes we have been making we are pleased to announce that we are currently able to process online loan applications on the same day. What that means is if you submit a fully completed loan application with all supporting documents during the morning, the funds could be in your bank by 3 pm!! All online loan applications must have any required supporting documents with th...

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Family loan

Helping Families with our Family Loan We know life can be a bit of a struggle sometimes, so we've introduced our new family loan product, for anyone in receipt of child benefit. Borrow up to £500 – online applications only (new & existing members) To be eligible for our Family loan you must be: Be in receipt of Child Benefit and agree to have it paid into your Derbyshire Community...

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E-signature is here!

Never has getting a loan from us been easier with the launch of the new e-signature process for signing your loan agreement. YES, it's in place NOW, the all new E-SIGNATURE through a company called Signable. NO MORE waiting for your loan agreement to come through the post, having to post it back or come into a branch to drop it off. It couldn't be any easier, all you need is an email and onc...

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Re-opening Derby Branch

We are delighted to announce that we are re-opening the Derby Branch from Monday 15th June. It will be on a strict social distancing basis of 2 metres, operating a one in, one out system in order to protect both members and staff. We ask that where possible you continue to conduct your business with us, without coming to either of our branches, and instead that you continue to contact us on...

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Top 5 Tricks for Increasing the Value of Your Home

5 Savvy Ways to Invest in Your Home and Increase Its Value Whether you're about to list your house for sale on the market or you've just moved in and plan to stay a while, you should make the most of the money you invest into your home in the form of upgrades, repairs and remodels. To be sure you see a return on these types of investments, you must spend your money wisely, making not jus...

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How to beautify your garden for less

Time to pretty up your garden! What time of the year is better to get your hands muddy, grab the tools out of the shed and do some gardening than Summer! And although it's incredibly pleasing to see the finished results of your handy work, the price tag of new plants and furniture that goes along with the whole process can be slightly off putting. But keep on smiling, we have some handy tips to h...

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5 myths busted about borrowing from credit unions

Derbyshire Loans There are a lot of myths about borrowing from credit unions so to set the record straight, here are a few Myth Busters for you. 1. We are NOT a “poor man’s bank”. Derbyshire Community Bank has savers and borrowers from all walks of life. This creates a pot of money that not only covers our running costs but can be used again and again as affordable loans for the peo...

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Short-term high cost loans (payday loans)!

Thinking of getting a payday loan?  DON'T! Instead say 'YES' to a cheaper community bank loan. Payday loans may seem the quick and easy option but: 1 in 3 people who take out a payday loan get into more money trouble because of it1 in 2 payday borrowers say they were hit with unexpected chargesInterest rates charged can be in the thousands of percent. ...

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