Ethical Loans that turn
Borrowers into Savers
We lend to people for all sort of things and as our loans are ethical when you borrow money with Wave Community Bank, we will also help you to save.
Examples of Ethical Loans that we offer at Wave Community Bank:
Saver Loans
Our Ethical Saver Loans are unique to credit unions and turn borrowers into savers. Each time you make a repayment, a portion of your money will be put into a savings account.
Payroll Loans
With Chorus you can repay your loan through your payroll simply and easily if you work for one of our Employer Partners or find out how you can sign up your employer.
Home Improvement Loans
If you want to revamp your home, replace your bathroom or even build a conservatory find out more about our Ethical Home Improvement Loans.
Retrofit Loans
Our affordable, ethical Retrofit Loans are designed to support you in reducing your energy bills and carbon footprint—with flexible monthly or weekly repayments to suit your budget
Family Saver Loans
Ethical Loans you can repay using your Child Benefit payments. Repayments can be made in line with how you receive your Child Benefit, weekly or 4 weekly.
Debt Consolidation Loans
If you need a loan to get your finances into shape apply for an Ethical Debt Consolidation Loan from Wave Community Bank.
Bus Ticket Loans
Spread the cost of your Brighton & Hove Buses Annual bus ticket with an Ethical Bus Ticket Loan and save 20% on CitySAVER & NetworkSAVER Annual Tickets
Car Loans
There is never a good time for your car to break down, but we can help you with an ethical and affordable loan for a new car or for repairs with monthly or weekly installments.
Member Plus Loans
Special low rate when you have 10% of the value in savings with us.
Loyalty Loans
Our Ethical Loyalty Loans reward savers with low interest rates for loans that match the value of your savings. These loans start from £500.
Homeowner Loans
We want to help homeowners to access loans at great rates so they can pay for home improvement projects, new cars etc.
Christmas Loans
You can spread the cost of Christmas with our Ethical Christmas Loans.
Rate Match
We can rate match here.
Holiday Loans
Spread the cost of your next holiday with an Ethical Holiday Loan from Wave Community Bank.
"Just wanted to say a thank you for the support, I have a lot of respect for [you] and the important work you do. It has already made my debts so much more manageable"
-Member
Loans
Workplace Savings
Savings
Join Us
LOAN RULES
We want to be honest with you – so here are some of the rules that apply to our loans:
Ethical lending
✓ We follow a strict ethical lending policy.
Loan affordability
✓ We will only lend if the applicant can afford to pay the loan repayments.
No hidden fees or extra charges
✓ We do not charge arrangement fees. There are no hidden fees.
PLEASE NOTE: Your credit score will be adversely affected if you are late or fail to keep up with payments on a loan.
Interest rates
✓ Our advertised rates and loan calculator are for illustrative purposes. You may be offered a loan at a different rate based on your circumstances.
Requirement fulfilment
✓ We need to see all requested information and documents before we can make a decision.
Savings element
✓ Our loan repayments include a savings element which means you will build a savings pot as you repay your loan
Loans for over 70s
Loans are available to members 70 and over who have been with us for 3 years or more.
Opening Hours
Our phones are open Monday to Friday between 9.30am-1.00pm and we continue to monitor our emails between 9.30am to 4.00pm.
Contact Us
Phone: 0300 303 3188
Email: info@wavecb.org.uk
Face-to-face appointments at Hove Town Hall by arrangement only.
Addresses:
East Sussex, Brighton & Hove:
Tisbury Road Offices, Hove Town Hall, Tisbury Road, Hove, BN3 3BQ
Kent, Medway and Bexley:
39-48 Marsham Street, Maidstone, Kent, ME14 1HH
Follow Us
Wave Community Bank serves members in East Sussex, Brighton & Hove, Kent, Medway and the London Borough of Bexley, plus members of Unite in the South East Region. Withdrawals over £5000 will take 5 working days to process
Wave Community Bank is a trading name of East Sussex Credit Union Ltd.Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FCA Firm no 213910
