Credit Unions and Schoolbanks


If you would like to talk about linking your church or school with your local Credit Union or LifeSavers initiative, please contact Caroline Clarke;   @communitycaro   01634 560000

Credit unions:

What’s a Credit Union?

Credit Unions are financial co-operatives, owned and controlled by their members and running on a not-for-profit basis. Their main aims are to promote saving and provide their members with loans at reasonable rates, so that they feel in control of their own money.

Credit Unions consider themselves to be a safer and cheaper alternative to other money lending sources, including payday loans, doorstep lenders and loan sharks, and more accessible than high street banks, who can make it difficult for people with a poor credit history to borrow money.

Every credit union must have a common bond, such as the London Borough of Bromley, Kent etc., and they are there for everyone living and/or working in that area:  to be eligible to join, people must live or work within the common bond.

Credit Unions in our Diocese:

Lewisham and Bromley Credit Union:

Kent Savers Credit Union:

Greenwich and Bexley Credit Union:

Medway Credit

The Churches Mutual Credit Union (national organisation):

Lifesavers Schoolbank project for schools:     020 7898 1469

LifeSavers is a financial education programme for primary schools, giving children the knowledge, skills and attitudes to manage money well. LifeSavers is an initiative of the Just Finance Foundation.

LifeSavers equips teachers to teach financial education, supports schools to set up savings clubs and provides resources to engage parents and families taking  a ‘values-based’ approach to financial education, exploring money through the values of;  generosity, wisdom, thankfulness and justice. Classroom based teaching resources for KS1 & KS2, the ‘Five Big Questions About Money’, are complemented by whole school assembly/ collective worship materials, ‘Values for LifeSavers’.

Schools in our diocese who are engaging with LifeSavers are in the Archdeaconry of Bromley;

Trinity CE Primary School; St John’s CE Primary School; St John The Baptist CE Primary School; St Paul’s Cray CE Primary School; Parish Church of England Primary School; St Philomenas Catholic Primary School; St Georges Bickley CE Primary School.


Copyright 2015 © The Diocese of Rochester. Registered Office: St Nicholas’ Church, Boley Hill, Rochester, Kent, ME1 1SL. Registered Charity No. 249339 The Rochester Diocesan Society and Board of Finance is a company limited by guarantee. Registered in England No. 140656