Blog

Covid-19, Coronavirus

During this time of uncertainty surrounding the spread of COVID-19, we wanted to reassure you that we are taking all the necessary steps to ensure you will have access to your account information and cash in the event we have to close any of our branch locations.

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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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Notice of Annual General Meeting 2020

The 2020 Annual General Meeting of Derbyshire Community Bank (trading name for Erewash Credit Union) will take place on Wednesday 18th March at 1.30 pm at our branch 38 Corn Market, Derby. 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. If you wish to nomi...

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How to cut back!

Have you woken up in 2020 with a financial hangover? Many of us will have. From over indulging in present buying at Christmas, to enjoying one two many boozy nights to celebrate the New Year, this time of the year can leave you feeling worried or anxious about your finances. And if you're not in the right financial situation to be taking out a loan, we've got some great tips to help you cut back ...

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Vacancy – Office Manager

Derbyshire Community Bank is pleased to announce we are seeking an outstanding individual to join our team as an Office Manager. With operational responsibility, you will play a key role in shaping and driving forward our operations. You will have experience of leading within a busy office environment, and you will use your leadership skills to develop your team and deliver an exemplary servi...

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10 money saving tips this Christmas!

Christmas can be an expensive and worrying time for many. It can be hard to keep track of how much you're spending and what your spending your money on over the festive period, with what seem like never ending lists of presents, food and decorations to buy all for one day! But don't get over whelmed by your expenses this December, we've got 10 money saving tips to help you this Christmas perio...

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Planning for Christmas

It's nearly here! The countdown to Christmas is officially here - only 1 month left to buy all the food, decorations, presents and wrap everything! But do not panic! We've devised a short planning checklist featuring some money saving tips for you to be better prepared this Christmas.. and a with a few extra pounds in your pocket! Budget Christmas is an expensive time of the year, there's no dou...

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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. However, it...

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