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Budgeting for a Stress Free Christmas

Blog article-Budgeting for a Stress-Free Christmas

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Beware the Money Monsters

Beware the Money Monsters – 7 Financial Pitfalls to Watch Out For A blog from St Albans Community Bank.

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Minutes of AGM

Please click here to see the minutes of our AGM of 25th March 2024. Please note that these are draft for information until approved at the next AGM (in 2025). At the Credit Union’s AGM held on 25 March, members approved a Board recommendation not to pay a dividend on members’ savings for the year […]

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Final Accounts 2023

Click here to see the final 2023 accounts

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Minutes of 2023 Annual General Meeting

ST ALBANS DISTRICT CREDIT UNION LIMITED Twenty-first Annual General Meeting Monday 20th March 2023 7,30pm via Zoom Minutes of Meeting Present: Chairman, Isabel Dolan; Treasurer, Joanne Clarke; Secretary, Colin Metcalfe and 18 other members 1. Apologies for Absence A list of apologies is available on request. 2. Minutes of Twentieth Annual General Meeting held on […]

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Notice of Annual General Meeting

NOTIFICATION OF ANNUAL GENERAL MEETING Dear Community Bank Member Your Board hope you will be able to attend our twenty-second Annual General Meeting. It is to be held virtually via Zoom at 7.30pm on Monday 25 March 2024. The link to join the meeting is https://us06web.zoom.us/j/84780446188?pwd=QMT7thgmKdAQfLc5MGPDm7KIFSwQpw.1 with the ID 847 8044 6188 and the passcode: […]

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Notice of Annual General Meeting

NOTIFICATION OF ANNUAL GENERAL MEETING Dear Community Bank Member Your Board hope you will be able to attend our twenty-first Annual General Meeting.  It is to be held virtually via Zoom at 7.30pm on Monday 20 March 2023.  The link to join the meeting is https://us06web.zoom.us/j/81129317254?pwd=clhQOGxYSEprbzVWcENIRnVkSU5JQT09 with the ID: 811 2931 7254 and the passcode: […]

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AGM Minutes

The draft minutes of the AGM for the year 2019-20 held on 16 June 2021 have been published. CU AGM Minutes March 2021 These remain in draft until approved at the next AGM.

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Adjustment to Loan Interest Rates

From 1 January 2022, we are coming into line with many other Community Banks and Credit Unions whereby new standard loans of less than £1000 will be charged at 3% interest/month (42.6% APR) rather than the previous 2%/month (26.8% APR). The new rate will NOT apply to agreed extensions of existing loans at 2%/month (26.8%APR) […]

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Young Savers Interest Rate

For the year 2020/21 the interest rate for young savers will be 0.5% applying only to the first £3000 of share balances. The payment of interest to young savers is at the discretion of the Community Bank Board and is subject to available funds.

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