This account is for community and non-profit organisations such as clubs, charities and community groups in East Anglia.
This account is for non-profit organisations, clubs and societies that expect to make only a few transactions every 12 months, and have a balance under £20,000 at any one time.
Through ethical financial products and services, we aim to support small organisations across East Anglia in managing small deposits and annual payments.
Simple Account Fees
Fees are charged at £1 per 4-weeks, for your Credit Union Community Account. This is subject to fair usage.
Two Signatory's as standard
We understand your policies may need two signatory for all transactions.
View Online Balances
You can check the current balance, and previous transactions in the Online Members Area.
Helpful Staff
Its easy to get in touch with us, if you need any help with your account. Our helpful telephone team is at the end of the phone, Monday – Friday, 9.30 – 4pm,
Fill in the Application Form below.
Please upload a signed copy of the minutes confirming the authority to open a Community Account. We will also need ID for the named signatories and signed minutes confirming who has authority on the account.
Please call us on 03336 000690 to pay via Debit Card your Community Account Joining Fee.
We will email the nominated email address with your Community Account membership number and account details.
Not-for-profit clubs and associations, or unregistered societies, with no more than £20,000 held at any one point.
We distribute a dividend based on our yearly profits, which members vote on at the Annual General Meeting (AGM). The dividend amount depends on the accounts average share balance throughout the financial year. Even if the organisation withdraws from the account balance before the payout date, your organisation will still receive a dividend based on the eligible balance.
You can have up to £20,000 with ESLCU in our dedicated Community Accounts.
You can deposit with us in a variety of ways. These include by Standing Order, PayPoint, Faster Payment or via cheque. All the information you need regarding how to deposit with us is shared with when you open a Community Account.
We will need email confirmation from two of the named signatories for all withdrawals, or as stated in your signed minutes authorising access on your community account.
As a members cooperative, information on ESLCU accounts are available every AGM. Eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).
Please complete the form below, and supply a signed copy of minutes from your organisation’s governing body
confirming the authority to open the account and the allocation of the authority to make
transactions to the Nominated Contacts.
