Community banking that puts your community first
Whether you run a local club, community group, voluntary organisation or another eligible not-for-profit organisation, having the right bank account can make managing your money simpler.
At Smart Money Cymru Community Bank, we believe community organisations deserve access to straightforward, affordable financial services that support the work they do.
Our Community Account is designed to help eligible community organisations manage their finances while banking with an organisation committed to supporting people and communities across Wales.
With a simple monthly fee and a community-focused approach, we offer an alternative to traditional high-street banking.
Why choose a Smart Money Cymru Community Account?
Choosing a bank account for your community organisation is about more than finding somewhere to keep your money. It is about finding a service that meets your needs, offers clear pricing and understands the role your organisation plays in its community.
Affordable, straightforward banking
Our Community Account has a monthly administration fee of £2, with no account setup fee.
Banking with a community focus
Smart Money Cymru is a community bank operating on credit union principles. Our approach puts people, financial wellbeing and community benefit at the heart of what we do.
By choosing Smart Money Cymru, your organisation can explore a banking relationship with a financial institution whose purpose is rooted in supporting communities.
Support for your organisation
Every community organisation has different financial needs. Whether you are managing membership subscriptions, collecting donations, paying suppliers or organising fundraising activities, it is important to have an account that works for you.
Who can open a Community Account?
Our Community Account is intended for eligible community organisations looking for a practical wat to manage their finances.
Potential applicants may include:
- Community groups and local associations
- Voluntary and not for profit organisations
- Clubs and societies
- Community projects and local initiatives
- Other eligible organisations that meet our account criteria
How to open a Community Account
Opening an account should be straightforward. Our team can guide you through the process and explain what your organisation needs to provide.
- Complete our simple application form
- Send us a copy of the group's Constitution (or similar governing document)
- Provide clear copies of identification documents for each named signatory of the account
