Foundation

Little things can make a big difference.

Supporting organisations, groups and charities, helping to alleviate financial exclusion and reducing our carbon footprint, all form a big part of our community-focused ethos.

We’re more than just a great place to manage your money.

Our foundation provides funding and support for the development and improvement of our community.

Our foundation committee meets quarterly to decide, plan and implement the foundation’s core aims.

It’s our aim to give something back to our members and those communities which are at the heart of our common-bond.

The foundation’s five core aims

Donate up to 5% of annual surpluses to the foundation’s chosen charity or cause.

Allocate at least 25% of assets to fund lending to those financially excluded.

Provide a fee-free community group deposit account to help volunteer organisations get a bank account.

Provide a quarterly grant scheme to local groups, organisations and charities.

Offset our carbon footprint to net zero by investing in carbon reduction schemes and investments.

We keep money local.

Circa 86% of personal loans issued are used for purchases within our common-bond. This helps us keep money local by growing micro-financial hubs in local areas.

Go net zero

In 2023 we planted over 1,100 trees with Ecology, to help offset our carbon footprint and go net zero. We’ve also invested in sustainable carbon reduction renewable energy schemes.

Funding local communities

Each quarter we give out small grants to help local groups, organisations and charities to help them with their initiatives and projects.

Those groups are invaluable in bringing communities together and we’re proud to support them.

A few amazing community grant winners….

  • Solent Junior Devils

  • 6th Gosport Scout Group

  • The Mindspace Foundation

  • Basketball 4 Buckland

  • Serv Wessex blood bikes

  • Citizens Advices (Havant)

  • STAND Up Portsmouth

  • Elson Community Library Hub

  • Zero Waste Portsmouth

Could we help fund your local group or project?

Our community grant award is for small or micro not-for-profit, charitable or locally-run organisations and groups to help fund activities within the local community.

Join us

Our mission is to be a community-focused regional bank.

We exist to help our members meet their financial goals and reach their financial potential, whichever life journey they are on.

We’re here to educate, encourage and fulfil our members’ expectations because our members make community banking happen.