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Credit union branch opens in Poole


08 Mar 17

Wyvern Savings and Loans has opened a new branch to serve members in Poole.

The new branch at the town's Beech House was officially opened by Poole Borough Councillor Karen Rampton and was fitted out by Poole Housing Partnership (PHP). In addition to making the facility available, PHP has been supporting the credit union with publicity and contacts.

The new branch is the first opened by Wyvern Savings and Loans in the Bournemouth and Poole conurbation, and it is designed to restore local access to credit union services for the communities of Bournemouth, Christchurch and Poole following the closure of Coastal Credit Union last summer.

Wyvern Savings and Loans’ Tim Topper explained that the new branch is the start of establishing a more visible presence for the credit union as it was not previously known in the area.

He said: “Whilst it will take time to build strong community relationships and encourage new members, there is much support from community agencies and our branch host, PHP. The area offers Wyvern Savings and Loans an opportunity for sustainable growth, and we look forward to a positive future.”

Wyvern Savings and Loans was originally founded in 1999 as First Dorset Credit Union and focused on serving Dorchester and its immediate area. It merged with Camelot Credit Union in 2015, and the renamed Wyvern Savings and Loans now serves anyone who lives or works in Dorset and Somerset. It has around 3,000 members across the two counties, and the new Poole branch is now the credit union’s eighteenth local branch or collection point which makes it more accessible to people in communities right across the large rural area.

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