WAVE COMMUNITY BANK

We are a not-for-profit savings and loans co-operative (a credit union) serving Kent and Medway offering safe savings and affordable loans to help everyone in the community access the financial services they need. Loans We offer loans from £500 - £35,000 from 5%APR. We offer loans for all sorts of reasons and information about our loan products can be found here. Loans can be repaid via direct debits, child benefit payments or through payroll if you work for an Employer Partner. All loans have a savings element to the repayments so you build your savings as you repay your loan. Apply online via our website or by downloading our app. Search 'Wave Community Bank' in your app store. Savings We have a range of savings accounts. Share accounts - our simple savings accounts for all our members. We pay a dividend on savings (based on profits) not a set interest rate. Wave Save - this is an online account to help you manage your savings. You can set up to 10 savings goals and manage your savings in 'pots'. PrizeSaver - Save into your PrizeSaver account and you could win a top prize of £5,000 or one of ten prizes of £50 and ten prizes of £20 in the monthly draws. You are entered into this prize draw simply for saving money in your PrizeSaver account and it doesn’t cost you a penny! Chorus - workplace savings scheme: Staff who work for one of our Employer Partners can save of repay loans straight through their wages. Join us today! You can become a member of Wave Community Bank online or via our mobile app. Membership has a one-off charge of £5 and you need to pay £1 into your account to open it.