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New credit union office opens in Derby


01 Feb 17

Derbyshire Community Bank has moved into prominent new premises in Derby’s Cathedral Quarter.

The credit union’s new home is an historic three-storey building on Corn Market built in 1764 by Derby architect Joseph Pickford as a town house for Sir Willoughby Astron. The Grade II-listed building had been derelict since the previous occupant moved out last summer, but it is now thriving again as a credit union office.

Derbyshire Community Bank first moved its office to the city in 2015, but felt the premises on Phoenix Street did not give the credit union enough of a profile with local residents passing by.

Derbyshire Community Bank Chief Executive Sara Dinsdale said: "We moved to Derby 18 months ago but we haven't had much of an impact in the city so far. We think that's because we've been a bit hidden away in Phoenix Street. It's one of the things credit unions suffer from – people not knowing we exist, or what we're about.

“By moving to Corn Market, we hope to be more visible to the people of Derby. It's in an excellent location and we're very pleased to be in the Cathedral Quarter as it's so busy and vibrant."

The credit union was established in 2006 in Ilkeston, and has since grown to become the largest credit union in Derbyshire with more than 3,500 members. Having previously mainly operated in Amber Valley, Erewash and the Derbyshire Dales, the credit union is now known as Derbyshire Community Bank and serves anyone who lives or works in the county.

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