Community Group Saver
Let’s work together and make great things happen.
Saving with purpose.
5.9% AER Gross. 1 Year Community Group Saver. Series 1 BONUS
When you save with us, we can get to work with what we do best, creating resilient communities.
As a not-for-profit bank we can offer amazing rates on savings and loans because we don’t have those big bank overheads, investors or shareholders.
Exclusive to Community groups and their families.
Competitive Rates
Guaranteed return of capital
Risk-free and safe
A not-for-profit community Bank
Investment helps local communities
Key features
Regular saver only
No lump sums
Instant access
Bonus balance cap of £500
No fees or charges
Instant access
This account is designed for people who want to save steadily over time. It works best when members add small, regular amounts, so we do not accept large one off deposits.
This helps keep the account focused on everyday savers rather than who might be looking to place large balances purely for the rate. This means the account continues to support communities from savers, who's main aim is also to support those communities with us.
It’s a great rate for people who want to do great things
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Wessex Community Bank is a member owned, not for profit bank. Any surplus we make is reinvested to help build stronger communities across Central Southern England.
We have been serving Portsmouth, Southampton, Bournemouth, Guildford, Woking, Basingstoke, Andover, Aldershot, Newbury and many other areas since 2001.
We have no external shareholders and no commercial agenda. Instead, we focus on ethical savings, low cost loans, fee free community accounts and local grants, all supported by strong governance and long term financial stability.
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Saving with Wessex Community Bank is straightforward. You open a savings account and add money whenever it suits you. Your savings build up over time and you can take money out when you need it, depending on the type of account you choose.
There are no complicated rules. You are simply putting money aside in a safe place, and because we are member owned, your savings help support fair and affordable lending in the local area. Any rates or offers are always shown on our website so you can easily see what you are getting.
It is a simple way to manage your money and be part of something that supports your community.
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Wessex Community Bank is built to be safe and steady. We keep things simple, we avoid risky lending and we do not borrow money from outside investors. That means no external debt and no pressure to chase short term profits.
We hold strong reserves and keep a very high capital ratio, well above what our regulators require. We also keep plenty of liquid funds on hand, so we are always in a solid position whatever the wider economy is doing.
All of this adds up to long term stability for our members. Your savings are protected, and the bank stays focused on supporting local people and communities rather than taking unnecessary risks.
Apply today and start making a difference to the way you save.

