Loans

Why apply for a loan?

Loans – normally from £300 – £5000, but up to £15000 can be available to homeowners – are available for any reasonable purpose.

We also offer loans to help you pay off debts which are at much higher rates of interest than we charge and so reduce your repayments. We do not charge fees for arranging loans and loans can be
repaid early at any time without penalty.

All our loans, including our homeowner loan, are unsecured.

Our interest rates are competitive with other forms of credit. There are no hidden extras and, if you pay off the loan early, you pay less interest – no penalties.

What can I use it for?

  • icon
    Car purchases
  • icon
    Home improvements
  • icon
    Holidays
  • icon
    Home rental deposit
  • icon
    Rail season tickets
  • icon
    Weddings
  • icon
    Driving lessons
  • icon
    Solar panels/home insulation

Which type of loan is best for you?

Take a look at the types of loans we offer.

Our Hub

Keep up to date with our latest news, resources and financial wellbeing

img
October 13th 2026
International Credit Union Day 15th October 2026
St Albans Community Bank is a member of the credit union movement and is pleased to celebrate International Credit Union Day. The day is an opportunity to help showcase the positive impact community banks and credit unions have on the lives of millions of people and communities across Great Britain. ...
READ MORE
img
September 30th 2026
We’re joining the St Albans Community Showcase!
READ MORE
img
May 8th 2026
St Albans Community Bank Support Stop Loan Sharks Week
READ MORE
img
March 29th 2026
Accounts for AGM to be held on 30th March 2026
READ MORE

Financial Services Compensation Scheme (FSCS)

You can sleep easy at night knowing your money is safe and protected under the financial services compensation scheme.

LEARN MORE
FSCS Logo Top Right Image Bottom Left Image
FSCS Logo Top Right Image Bottom Left Image
LEARN MORE