Welcome to Wyvern Savings & Loans

We are your co-operative savings and loans organisation in Dorset and Somerset.

A community based organisation, staffed by four paid staff and over 100 local volunteers, we provide our members with a safe and ethical place to save (up to £15,000), as well as providing affordable loans.

Loans can range from £100 to £7,500 depending on your circumstances. Our repayment schedules are negotiable and we will agree payment details with you – even if you don't have a bank account or can't get credit with high street banks.

Member Benefits

Created by the community, for the community.

Made-by-Members.jpg

Made by Members

We are owned by people like you

Ethical-Savings-Loans-green

Ethical Savings & Loans

Credit unions are an ethical alternative to banks

FSCS-Depositor.jpg

FSCS Depositor Guarantee

Your money is protected up to £85,000

Are you eligible to join?

Find out about our 'Common bond'

Join Us

Check your eligibility

Find out more

To become a member of Wyvern Savings and Loans you should be over 18 years of age (although Young Saver members are also welcome) and you will be living or working in the Common Bond area (Dorset, or Somerset and adjoining parishes).

How we protect your money

Just like your high street banks and building societies, the money you deposit into your credit union account, up to £85,000, is protected under the Financial Services Compensation Scheme (FSCS). If you have a joint account you will be protected for £85,000 each.

FSCS protection is free to customers, so if anything happens to your bank, building society or credit union, and you cannot access your money, the FSCS will refund you up to the amount of £85,000.

For more information on how we protect your money please click here

I wanted to join a Christmas Savings scheme to save up a little bit of money to buy my kids' presents. Wyvern Savings and Loans have been the perfect choice and now I've enough saved already to start thinking about what I'm going to buy them.

Mike's Story, South West
Find out more

We're Social