A message from CEO
This year has been a transformative and exciting one for Kingdom. We relocated our Glenrothes branch into a newly rebranded premises within the Kingdom Centre and extended our opening hours to become more accessible to our members.
There has been a great deal of positive publicity about credit unions throughout the year. You might have seen TV series and documentaries about credit unions as well as marketing campaign ran by the Scottish Government ‘people, not profit’. Both reinforced that credit unions are great community-based organisations where the ethos is about ‘people helping people’ and surpluses are returned to its members.
We have some great things planned for you in the coming months. From online services to mobile apps. We are about to introduce new loan products range allowing you to choose the product that is the most suitable for you. Please check our website, pop in to our offices or call us for more details.
Only about 2% of adult population in Fife are members of Kingdom Community Bank. This is at a time when there is a proliferation of high cost payday and doorstep lenders, weekly rent to own stores, bank branches closing down, and historically low interest rates being paid on savings.
We are asking you to please spread the message about your local credit union. You’ll be part of creating a better Fife because all of the money involved stays in the local community. Why not talk to someone about us today or post about us on social media!
You could also help by becoming a Kingdom Community Bank volunteer! We are always looking for bright, enthusiastic people. If you have experience that you think could be put to good use, or you simply want to give back to your local community, please get in touch and we’ll take it from there!
And remember, you are the co-owner of this Bank. You have a right to vote and be heard. Please come along to our AGM and together we can make Kingdom Community Bank the Bank of choice for people in Fife.
Our Commitment to Affordable Credit
As your locally owned Community Bank, we are passionate about helping people in Fife. We believe in the deliverance of a Fairer Fife as defined by the Fairer Fife commission, ” a Fife where all residents have the capability to live good lives, makes choices and reach their full potential and where all children are safe, happy and healthy”. We do our bit by offering affordable credit. Our loans are very affordable – we don’t want people to use Sunny Loans, Provident or even local loan suppliers like Forth Financial Services Ltd. or Loans At Home and definitely don’t want people going to weekly rent to own companies such as Brighthouse when they can come to us and get a cheaper loan. So we ask you to check out the figures on our loan calculator below, then contact us to apply!
Fairer Fife Commission
Recent Milestones for Kingdom Community Bank
We officially opened our new office, located at 15 Lyon Way, Kingdom Centre, Glenrothes (next door to Poundland) on Monday 12th November 2018.
Good Reasons to borrow from Kingdom Community Bank
Providing loans to Members is one of the main functions of Kingdom Community Bank. We encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. There are no hidden charges or fees.
Regular savings is a good idea and is recommended by Kingdom Community Bank. You might like to save for holidays, Christmas, Education or simply to put something by for that ‘Rainy Day’. When possible, there is an annual dividend on savings.
Kingdom Community Bank also offers death benefits on loans and savings at no extra costs. There is no need to worry about what happens to the balance of your loan in the event of your death and savings may be increased too!
General Data Protection Regulations (GDPR)
Kingdom Credit Union Ltd (trading as Kingdom Community Bank) understands the business impact of personal data related risks and is committed to protecting and respecting your privacy.
Our Privacy Notice explains what personal data (information) we hold about you, how we collect it, and how we use and may share information about you whilst we are working with you and for a period thereafter. It also explains your rights under the law relating to your personal data. We are required to notify you of this information under data protection legislation. Our Privacy Notice sets out the lawful basis and specified purposes on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read our Privacy Notice carefully and any other similar notice we may provide to you from time to time in order to understand our views and practices regarding your personal data and how we will treat it.
Financial Services Compensation Scheme
We would also like to remind you that as members of the Financial Services Compensation Scheme, savings in all credit unions are protected up to their first £85,000.
As a volunteer led organisation, Kingdom Community Bank is always looking for people who want to give back to the local community. We need volunteers to run new and existing collection points across Fife. If you feel that your skills are suited to an ethical, progressive, financial organisation please click the link below.
Kingdom Community Bank News
Times and Locations
Tel: 01592 714888
Tel: 01592 758596
1.30pm to 3.00pm – Valleyfield Centre, Chapel Street, High Valleyfield, KY12 8SJ
6.00pm to 7.00pm – Sandy Brae Community Centre, Sandy Brae, Kennoway, KY8 5JN
1.30pm to 3.30pm – Fife Migrants Forum, 4 The Postings, Kirkcaldy, KY1 1HN
10.00am to 12.00noon – Dunfermline Advice Hub, 7 Douglas Street, Dunfermline, KY12 7EB
10.00am to 12.00noon – Parkgate Community Centre, Parkgate, Rosyth, KY11 2JW
10.00am to 12.00noon – Kelty Community Centre, 90-92 Main Street, Kelty, KY4 0AQ
10.00am to 11.00am – Sailors Rest, 23o High Street, Lower Methil, KY8 3EF
1.30pm to 3.00pm – YMCA, Hendry Crescent, Kirkcaldy, KY2 5UA
2.00pm to 3.00pm – Inverkeithing Civic Centre, 10 Queens Street, Inverkeithing, KY11 1PA
1.00pm to 2.00pm – Happy Days Community Centre, 254 St. Clair Street, Kirkcaldy, KY1 2DB
1.00pm to 2.00pm – Kirkcaldy Methodist Church, 95D St. Clair Street, KY1 2BS
10.00am to 12.00noon – St. Margaret’s Parish Church, Abel Place, Touch, KY11 4JJ
11.00am to 13.00pm – Maxwell Community Centre, 70 Stenhouse Street, Cowdenbeath, KY4 9DD
10.00am to 12.00pm – Dunfermline Advice Hub, 7 Douglas Street, Dunfermline, KY12 7EB
10.30am to 12.30pm – Philp Hall, Heggie’s Wynd, Links Street, Kirkcaldy, KY1 1QX
10.00am to 12.00noon – Coalfields Regeneration Trust, 2 Kirk Street, Kincardine, FK10 4PT