HERE FOR OUR COMMUNITY

WHO ARE WE?

Guernsey Community Savings is a non-profit making charitable organisation helping financially excluded Guernsey residents access basic financial services.

We are not a bank. Instead, we are able to provide access to accounts for Guernsey residents, referred to us by the local community support agencies, by way of an account opened on the mimoney platform. Money credited into this account is then placed with a UK bank regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Money held through Guernsey Community Savings is safeguarded under the UK's Electronic Money Regulations. Each customer has an account, a seamlessly linked debit card, and a means of building up savings. We also provide basic budgeting advice, and we may make small loans available to help overcome financial crises. 

We aim to help customers manage their financial affairs, play a full, valuable role in society and ultimately gain access to mainstream banking.

Guernsey Community Savings has been established by a group of Guernsey residents with many years' experience in the fields of finance, regulation and the law who recognise the benefits, both to the individuals and to society, of supporting those unfortunate enough to be financially and socially disadvantaged.

 

SUPPORTING GUERNSEY RESIDENTS

OPENING AN ACCOUNT

To open an account, an individual must be referred to us by a community support agency. Professionals who are working with financially excluded individuals should contact us at information@gcs.gg to discuss the most appropriate agency to approach. 

 

An information sheet for agencies seeking to introduce applicants is attached below, together with copies of a New Customer Introduction Form and a New Customer Application Form.

Once we have received the referral we will contact the community support agency to obtain further details. We will then make an initial determination as to whether to open an account for the individual concerned. If the initial assessment is positive, we will contact the individual to arrange an interview. Following that meeting, and any further meetings that are needed, we will make a decision  on whether to open an account. The individual will be advised of our decision as soon as possible.

Please see the following attachments:

Information Sheet for Agencies Seeking to Introduce Applicants

New Customer Introduction Form

New Customer Application Form

 
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 CONTACT US

call or email us:

01481 700360  |  information@gcs.gg

our address

Unit 2, Cour du Bordier,

Le Bordage,

St Peter Port,

Guernsey 

GY1 1BP

 

Guernsey Community Savings LBG is registered in Guernsey (registration number 64535, charity number CH574). Registered address: Unit 2, Cour du Bordier, Le Bordage, St Peter Port, Guernsey, GY1 1BP.

Guernsey Community Savings LBG is registered with the Guernsey Financial Services Commission as a Non-Regulated Financial Services Business.

Please note that the majority of customer meetings are arranged by appointment