Rating based on 30 reviews

My Community Bank


  • Credit Unions up to £25,000
  • Low-interest starting from 5.9%
  • Repayment up to 60 months

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My Community Bank homepage

Author My Community Bank. Screenshot of My Community Bank website. [Accessed May 14, 2020]

About My Community Bank

The members of My Community Bank share many mutual interests.

Some of these interests include building strong communities as they want a bank that is part of, and invested in their community. And all members want the best rates for their savings and fair rates on personal loans.

Brent Shrine Credit Union is how My Community Bank was born, first established in 1979 to serve people living or working in the London Borough of Brent.

Serving the UK

Since then, My Community Bank has grown and our common bond has been extended several times to include members and supporters of various organisations and associations across the UK. We are proud to announce that supporters of the financial education charity: Financial Education and Awareness, are now able to register as members.

My Community Bank network

Jointly our three credit unions covers our network in England, Scotland and Wales.

Who can join?

My Community Bank membership is open to all and to be eligible, all you have to do is join any one of the many organisations associated with our credit union. Additionally, people living or working in the London Borough of Brent are also eligible.

Our goal

Our number one goal is to fight financial exploitation and provide members with a fair, affordable banking and financing solution.

My Community Bank Services

What we offer our members are fair credit reference loans. If you have struggled to get a loan from traditional lenders or high street banks, but still have a fair credit profile, we would like to help you.

What is a credit union?

Created with the intent to cooperatively provide affordable access to quick loans and other financial services to people sharing common bonds, credit unions are an alternative lender with a member-centred approach.

Benefits of My Community Bank

  • Members benefit from higher returns on savings.
  • Lower rates on loans and no hidden fees.
  • Variety of loan types available to meet your personal needs.

What can you expect from us?

  • Lower loan rates
    Although we offer the same financial products as banks, our products and services are much cheaper.
  • Lower fees
    As we do not charge any arrangement or early repayment fees, you save money and you only pay back what you borrow.
  • Customer focused banking
    Our membership structure gives all members an equal vote in any decisions made by the credit union.
  • Better service
    We only lend what you can afford to pay back and we aim to help our members become debt free.

My Community Bank Product Details

  • Loan Type Credit Unions
  • Interest Rate 5.9 – 42.6% p/a
  • Loan Amount up to £25,000
  • Repayment 12 months to 60 months

Benefits of My Community Bank

  • Fixed monthly repayment terms
  • No arrangement fees
  • No hidden fees
  • Apply online and get instant approval

Join our credit union today and apply for a loan

We advise all members to look at our decision tree before applying for a loan to help you make the right decision about borrowing and saving.

How to apply for a loan

Firstly, you will be required to choose how much you would like to borrow and the repayment term using the slider on our homepage. Thereafter, you can apply within five minutes using our simple single page application. It really is as easy as that and all you need apart from your personal details is your bank account information to complete the application.

Become a member of our credit union

You will automatically be assigned to the correct member of the My Community Bank network, which depends on the information you have provided.

Receive a quick answer on your loan

We will also use the information you have provided to check your details and credit history and you will see our instant decision on your screen. Should your long or short-term loan application be accepted, you will be taken to your online agreement, which we encourage our members to read, then electronically sign the loan agreement and direct debit mandate to finalise your loan.

Receive your funds in one working day!

Upon receiving your signed loan agreement, you will be sent a welcome email and we will transfer the funds directly to your nominated bank account within one working day. As a credit union we are there for our members and assist them financially, every step of the way.

To benefit from all that we have to offer, register as a member and gain access to all we have to offer our valued members.

man holding thumbs up

My Community Bank is a trusted & reliable provider of credit unions

In our review, My Community Bank adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

My Community Bank is a registered credit provider in the UK; FCA number 213245

Customer Reviews & Testimonials

The good of the community is really at their core. They go out of their way to ensure that members are uplifted financially and have access to better returns on savings and when they need it don'...

Dora W
— Surrey —

I receive excellent service each time from Community Bank.
I value the products and services they offer and they value me.

Lennox E
— London —

My Community Bank Contact Details

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 09:00 – 16:00
  • Tuesday 09:00 – 16:00
  • Wednesday 09:00 – 16:00
  • Thursday 09:00 – 16:00
  • Friday 09:00 – 16:00
  • Saturday – Closed
  • Sunday – Closed