As a member, you are an owner of Smart Money Cymru and your money is used to help other members. We are a member owned organisation and don’t have large shareholders who benefit from your hard work, which means that we can work on creating real value for all of our members.
We pride ourselves on providing ethical and fair savings and loan services for all residents in Wales. We don’t have hidden fees, or huge pages of small text. We don’t charge you if you pay your loan early. We look at each individual application individually, nothing is automated so all of your circumstances are taken into account.
We’re here for you.
Saving money can provide important benefits – no matter how much or how little money you have. Making a commitment towards saving allows you to work towards your financial goals and gives you peace of mind should an emergency arise.
At Smart Money Cymru, we offer many of the services provided by banks and building societies but the difference is – you’re in control.
We provide a facility where by you can save in separate accounts for different purposes, i.e. short term rainy day fund or longer term such as holidays and Christmas.
Our aim is to encourage members to save on a regular basis, even if it’s only a small amount each week or month.
Our standard Smart Loans are flexible with affordable interest rates depending on how much you borrow, up to our maximum loan of £15,000.
You can use you Smart Loan for almost any purpose you like:
- car purchase
- household goods, like a washing machine, new fridge or freezer, TV etc
- Christmas and other celebrations
Our Payroll Savings Scheme allows you to have monies deducted direct from your salary and sent to us in one step, so all the hard work is done for you and all you have to do is sit back and watch your savings grow!
As well as helping you to grow your savings, joining our Payroll Saver scheme grants you access to preferential loan rates – just give us a call to find out more!
Life Savings Protections
Saving with your Community Bank really does add up, as it includes the additional benefit of Life Savings Protection, which can be a real financial comfort to your loved ones should you die. Please contact us to find out more.
Your Community Bank loan is protected in the event of your death – helping protect your family from the financial burden of bereavement. Get in touch to learn more about our loan protection.Join Today