Essex Savers are now providing their service from our HUB in Shoebury. Volunteers will be in the HUB every Thursday between 11 am and 2 pm and you are very welcome to drop in to learn more about ways to save, for advice about finance and on finding alternatives to high interest loans. This service is for all but if you have difficulty getting conventional banking facilities Essex Savers and their, unique, Engage account may be the solution. 

What is Essex Savers net Credit Union?

Essex Savers is a financial cooperative owned and run by its members for the benefit of its members. We provide local, ethical, banking services offering a secure place to save and affordable credit when it's needed.

Essex Savers is truly local. We have over 25 face-to-face service points running weekly across Essex. We are working to increase the number of service points and aim to be in all major towns and as many rural locations in Essex as soon as possible.

What are our aims and objectives?

They are:

  • to provide ethical banking services – accessible to all in Essex;

  • to play our part in making payday lenders and other predatory lenders redundant across Essex; and

  • to achieve and maintain, independent, financial sustainability – sharing the benefits of this sustainability with our members.

Who can join?

Anyone living, working, volunteering or being educated in Essex, along with businesses and charities operating in Essex. For details of how to become a member, just click on the 'Link to the main website' above. 

Is my money safe?

Yes. Just like the High Street banks, Essex Savers is fully regulated by the Financial Conduct Authority and the Bank of England's Prudential Regulation Authority and deposits are guaranteed under the Financial Services Compensation Scheme ("FSCS") up to £85,000 per person; click here for details.

What are the benefits offered by Essex Savers?

Essex Savers can give you:

  • a safe and convenient place to save;

  • a share (known as a dividend) in annual trading profit;

  • competitive loan rates, with no hidden charges;

  • a budget account to receive your salary, pension and / or benefits; and

  • a prepaid debit card (to shop, pay bills and / or obtain cash).

Other benefits would include:

  • improvements in economic justice, regeneration, financial inclusion and money management;

  • reductions in priority-debt arrears, housing repossessions and removing the need to use payday lenders and other predatory lenders.

all leading, we believe, to fewer health problems and less money worries for the people of Essex.

How is Essex Savers performing?

Year-on-year, our Memberships, Savings and Loan values all continue to grow. To find out more about us and how we might be able to help you, please get in touch with us via our Head Office or one of our many service points. For the full list of service points, click on the 'Link to the main website' above.

Love to hear from you

MyTown Southend C.I.C


The HUB 151 West Road

Shoeburyness, Essex 


Tel: 01702 680555

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