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Frequently asked questions

About Kent Savers

Q What is Kent Savers?

A Kent Savers is a credit union – unlike a bank, all of Kent Savers profits are reinvested in the business or given back to its members as a profit share (a dividend). A credit union is legally obliged to encourage its members to save money. Usually a proportion of a loan repayment is allocated to a savings account, so that once you have repaid your loan, you will have a certain amount saved in your savings account. For example, when you have repaid a typical loan of £1,000, you could have over £200 in your savings account.

Q Who can join the credit union?

A To become a member of Kent Savers you must be aged 18 or over and live or work within our common bond. Our common bond is the historical county of Kent - i.e. the area currently administered by Kent County Council, Medway council or the London Borough of Bexley.

Q Where is Kent Savers based?

A Our office is in Maidstone but Kent Savers Credit Union operates across the whole of Kent, Medway and Bexley.


Savings

See our savings FAQ page.

Loans

See our loans FAQ page.

Find Us here:
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Kent Savers Credit Union Tel: 0333 321 9050 Email: info@kentsavers.co.uk Web: http://www.kentsavers.co.uk
Kent Savers Credit Union is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation and Financial Conduct Authorities - Firm No. 503258