What is a Community Bank?

Run by members

We are a local not-for-profit financial co-operative run by members for members. We provide affordable loans (more than £3m since we opened) and safe savings to the community in the St Albans district and across Hertfordshire. We have no external shareholders, so any surpluses we make are ploughed back into running the bank or are paid as a dividend to our members. We are part of the credit union movement which has a combined membership of over 1.25 million, over £1.3 billion in assets and more that £750 million in outstanding loans.

St Albans Community Bank is open for membership to anyone who lives or works in Hertfordshire

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St Albans Community Bank is the trading name of St Albans District Credit Union. Like any organization we have rules. While not many will wish to read them in detail, they can be found here

To read about our Mission, vision and Values, please click here

“We save with the St Albans Community Bank to keep our money safe and local. And, as members, we get priority when we need a loan.”

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Mobile Banking App

Mobile Banking

Download our APP and you will be able to make withdrawal requests, deposit funds, make loan applications securely, using your mobile devices

Mobile Banking App
Google Play App Store
Our Hub

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

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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. ...
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September 30th 2026
We’re joining the St Albans Community Showcase!
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May 8th 2026
St Albans Community Bank Support Stop Loan Sharks Week
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March 29th 2026
Accounts for AGM to be held on 30th March 2026
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Financial Services Compensation Scheme (FSCS)

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

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