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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December 1st 2025
Engage Card – Important Information
It's been announced that the Engage Card is being closed down. Please be aware of what this means for members who have an Engage Card.  Engage pre-paid cards have been available to  Credit Union members in the UK but will no longer be available. More details can be found at  https://engageaccount.com/ If you have an Engage Card account, this will soon be transferring to another Pre-Paid Debit Card provider. You may have already seen a communication from Engage about their acquisition by SuitsMe. Engage will contact you with specific details on the timeline of the account closure. ...
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November 6th 2025
The rising tide of illegal money lending
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October 14th 2025
International Credit Union Day 16th October 2025
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April 8th 2025
St Albans Community Bank Supports The Campaign To End Illegal Money Lending
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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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