Derbyshire Community Bank, have a unique fee structure compared to traditional banks. This is because credit unions are not-for-profit institutions focused on serving their members rather than generating profit. We like to keep our charges small and transparent.
DCBank is here to enable our Members to manage their money well, saving regularly and borrowing responsibly. To help with this, we do our best to keep fees and charges as low as possible, free if we can.
We do sometimes need to pass on charges incurred by us, and to help keep our Membership active, we do charge a dormancy fee if an account has less than £100 and there is no account activity.
| Membership | |
| Joining fee | free |
| annual fee | free |
| Dormant account annual fee (12 month inactivity) | £5.00 |
| Services | |
| Share withdrawal | free |
| Bill Payments transaction fee | £0.75 |
| Bill Payments weekly fee | ? |
| Loan Fees | |
| Application Fee | free |
| Administration Fee | free |
| Early Repayment Fee | free |
| Same-day loan payment | free |
| Missed Payments | |
| Late payment | Accrued Interest only |
| Debt collection fees charged to DCBank are added to the loan amount. These charges can vary, the values below are indicative only. We do not add our own admin costs to the arrears amount. | |
| Debt collection Agency fees | £ |
| County Court Judgement (CCJ) | £300+ |
