About Us
About ACORN Community Bank
Acorn Community Bank was formed in April 2023 by bringing together Wiltshire and Swindon Credit Union, Swan Community Bank and The Clivey Credit Union.
We operate across the whole of Wiltshire, Berkshire, Buckinghamshire and Oxfordshire. As a Community Bank, we are owned by our members, not shareholders. Through our community links and partnerships with employers across our common bond, we are working to provide inclusive, ethical and affordable financial services to the community. Driven by the needs of our members we work to maintain their financial well-being by providing approachable, easy to access finance. With straight forward financial advice, we help members develop the financial habits for long-term financial security.
What is a community bank?
The community bank /credit union in Britain began trading in 1964. Over the last 50 years, community banks/credit unions have grown steadily. There are nearly 300 community banks/credit unions in Great Britain, serving nearly 1.5 million people, making over £1.1 billion of savings. Acorn Community Bank is part of a global credit union movement. Around the world, well over 200 million people are credit union members in 105 countries.
Dedicated to members’ financial well-being
Community banks focus on the long-term financial well-being of their members and the wider community.
Affordable financial services for members
Community Banks work to make high-quality finance assessible to all, with loans at rates that are realistic and fair.
Driven by a democratic approach
Community banks are owned by their members: they elect a board of volunteers to direct the way the credit union develops in response to members’ priorities.
Accountable service
Community banks serve their members, listening to their needs, and developing services to meet those needs.
“We help people across Wiltshire, Berkshire, Buckinghamshire and Oxfordshire to sort out their finances”
Clive Henly, CEO Acorn Community Bank.