£10 Million worth of loans!

We did it! We hit the £10 million worth of loans! After keeping track of our figures each month and a close eye on the growing amount of our total loans, we finally reached £10 million worth of loans in operation. To congratulate and thank the lucky member who helped tip us over the £10 million mark, Sara, our CEO, visited Pete, who has been a member of Derbyshire Community Bank for a ...

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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! Derby is full of great activities for families to do throughout the holidays for brilliant, affordable prices, making half t...

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Loan Sharks need stopping!

STEER CLEAR OF LOAN SHARKS THIS CHRISTMAS! The England Illegal Money Lending Team are working with partner agencies across England to warn people of the dangers of borrowing from loan sharks in the run up to Christmas. The National Team, who investigate and prosecute illegal money lending offences, are advising residents to steer clear of loan sharks who may be offering quick cash loans to aff...

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Price Comparisons – Loans?

Price Comparison Loans Price comparison loans is an important subject to undertake in order to make sure you are getting the best deal and value for money that there is out on the market. Here at Derbyshire Community Bank, we want to ensure you know how much other lenders are charging in interest and how we compare. One of the biggest attractions of a credit union compared to some of the othe...

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Christmas savings and loans

Christmas savings and loans Feeling more like Scrooge than Santa this Christmas? Want a frugal yet fabulous festive season? Everyone feels the pinch at Christmas; buying cards, presents, replacement decorations, mountains of food to feed an army!  Perhaps a new outfit for that Xmas party. It's families that feel the most pressure with kids wanting the latest gadget or fad toy. Howeve...

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Credit Union Myths

Credit Union Myths 'busted'!! There are a lot of credit union myths out there so to set the record straight, here are a few myths busted for you. We are NOT a “poor man’s bank”. Credit Unions have 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 over again as affordable loans for the people who need the...

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Top tips for first time renters

Top tips for first time renters Firstly lets talk budget There's more to it for first time renters than simply paying your rent. Living on your own involves other expenses that you may not have considered, such as: a deposit, one months rent in advance, council tax, contents insurance, utility bills, groceries, moving expenses and furnishing your new gaff! If you ...

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Top 5 money saving tips for back to school

Back to School It may only be a couple of weeks since the school summer holidays began, but before we know it the nights will be drawing in, the kids will be heading back to school and 'everyone' will be in bed before 9 am! With the end of the school holidays comes that costly time of the year again for school bags, pencil cases and the dreaded book list! Even now, the staff in the office g...

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Paying Rent

Paying your rent We provide a Rent Payment Account which aims to provide the tenants of social and private landlords with the facility for paying rent on time and in full. It is particularly useful in cases where tenants are in receipt Universal Credit which, when paid to the tenant, can be eaten up in overdrafts, standing orders or simply spent by mistake resulting in arrears. When joinin...

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