Smart Money Cymru Community Bank

About Smart Money Cymru Community Bank

Smart Money Cymru is an organisation that provides straight forward, affordable financial services in Blaenau Gwent.


What is a Credit Union?


A credit union is a financial co-operative owned and controlled by its members. Credit Unions offer a friendly, convenient and secure place to save with access to low cost loans. Each member of ‘Smart Money Cymru’ makes regular payments into their savings account - this fund then provides the basis for preferential rate loans. The income generated by lending helps us meet our operating expenses, build our reserves and pay our savers competitive dividends.



Credit union savings usually offer a dividend rate rather than an interest rate. This means that it depends how well the credit union perform that year.

Our members are encouraged to save for their future and in return they receive access to a range of financial services including affordable loans.