Castle Community Bank StoryWe’re a community bank dedicated to bringing people an alternative home for their savings and loans.
Where it all started
Castle Community Bank was formed late in 2015 following the merger of two long established credit unions: Castle and North Edinburgh, along with the members of the Water of Leith Credit Union Study Group. The study group was set up with the aim of establishing a Credit Union in Leith.
Things work a little differently at Castle Community Bank. We don’t have mysterious shareholders. Instead, we’re owned and run by our members, creating a shared financial community across the UK, which is accessible to everyone.
Community is something we strongly believe in; banking doesn’t have to be done with a massive corporation. Instead, we take away the barriers. We’re bringing the focus back to helping people, so we strive to be accessible, applicable and affordable for all of our customers. You are the reason we exist.
We have a range of saving and loan options available depending on what you need, and unlike many credit unions, you don’t have to save first to apply for a loan.
We have to be accessible to people in a way that suits them; be it 24/7 online, face to face in branch or during the day over the phone.
We have to offer a range of prodcuts to suit our member’s needs. Whether it’s an emergency loan to fix a broken washing machine, a fixed rate savings account for those who are looking for more for their money, or a loan for £7,000 for a new kitchen. Whatever it is everything we offer is simple no-nonsense.
Core to our ethos is lending at fair, affordable rates and doing so responsibly.
Maintaining this focus will ensure that Castle Community Bank is a financially strong and sustainable organisation – making a difference by delivering economic and social benefits to people who live or work within the ‘EH’ postcode area. We want to promote financial inclusion and end financial exploitation.