Somerset Community Credit Union

Somerset Community Credit Union is a member-based financial institution in Bridgwater, England, where individuals share a common bond through their residence or employment in the area. The credit union offers low-cost loans to its members, funded by their savings, and members can earn an annual dividend on their deposits.

Members are encouraged to save for a minimum of three months before obtaining loans, which are determined by the total amount saved. The interest from these loans helps cover operational costs and provides returns to savers, fostering a cooperative financial environment.

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