Eastern Savings and Loans

community credit union with savings accounts, loans, prepaid VISA Debit card, multiple locations in Cambridgeshire, Suffolk and Norfolk. 7,000 members

  • Stage $500K in TTM Revenue
  • Industry Financial Services
  • Location Cambridge, United Kingdom
  • Currency GBP
  • Founded October 2001
  • Employees 9
  • Website eslcu.co.uk

Company Summary

Largest credit union in the East of England, formed in 2014 by merger of 2 credit unions and a further 2 acquisitions in progress. The model is branches in key cities, with partnerships in local areas, and increasing digital channels. Products/services are innovative alternatives to bank services: Prepaid VISA Debit card, Jamjar Budgeting Accounts, Loans & Savings accounts. Hosted space in Cambridge bank is available but no resources for staffing

Team

  • Director

    Sally Chicken MSc, has started 5 credit unions in the last 20 years and is a Director at Eastern Savings & Loans and Rainbow Saver Anglia Credit Union. Recent projects include merger activity, participation in the national Credit Union Expansion Plan (CUEP). Also elected Director for 5 years at the East of England Retail Co-op, the largest independent retailer in the East of England and one of the largest retail co-ops in the UK.

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