Who we Are
Pentecostal Community Bank
The Pentecostal Community Bank was launched in September 2024.
Formerly known as the Pentecostal Credit Union, we’ve been providing financial services to our members for 45 years. This exciting transition reflects our growth, digital transformation, and commitment to serving our customers better.
Our Pentecostal heritage and values remain at our core. We’re enhancing our services while staying true to our roots and our commitment to our members.
As a faith based co-operative that actively encourages one another to both save and lend responsibly, PCB offers a viable alternative to high street banking. A community bank such as ours is the perfect vehicle for the delivery of financial services that is community based. The community pools its resources - those with more money save so that those who need to borrow can do so. There are benefits for all;
- For savers - higher interest/ dividend on savings;
- For borrowers - better/lower rates of interest and better terms;
- For everyone - a great relationship with the PCB as we are all part of a community whose purpose is to improve the economic lives of everyone in the community.
Because we have no external shareholders and we do not pay big bonuses to executives, the profits are returned to the membership via competitively high levels of dividends. However, like the high street banks and building societies, PCB is regulated by the Financial Conduct Authority (FCA) and authorised and regulated by the Prudential Regulation Authority (PRA). Our focus is on providing a more efficient, effective and personal service for our all members, and as a result we can boast an enviably high level of customer satisfaction.
We believe that everyone who travels with us should be enriched by the journey and to ensure that this is the case we offer :
- free financial capability workshops to our members and churches in our common bond community, called Moneywise
- a long term leadership development programme to our Junior Savers aged 11 - 18 - Our Youth Shadow Board
- a brand extension to deliver community banking with an entrepreneurial focus to our small business and millennial members - GiftBOX!
We believe in the economic empowerment of our members so that they can fulfil their potential and achieve their aspirations.
We are the means by which the Pentecostal Faith community can pool its resources to build the economic health and strength of the community;
We are the means by which the money can stay longer in the community - it circulates within the PCB - thus enhancing the financial enrichment of the community; by which the Pentecostal Faith community can pool its resources to build the economic health and strength of the community; We are the means by which the money can stay longer in the community - it circulates within the PCB - thus enhancing the financial enrichment of the community;
We are the means by which the financial literacy of our community can be improved through our Moneywise workshops. Improving the financial literacy of our congregations improves the financial health of our churches and our Community Bank.
Still have questions about how the PCB can help you, your family or business?
Give us a call today on: 0333 355 1022
Pentecostal Community Bank
Board of Directors
Ann Waugh
Chair Audit Committee
Marcia Jones
Director
David FrederickDavid Frederick
Director
Lorna Lynch
Director
Leslie Laniyan
Chair of the Board
Patricia Toussainte
Secretary and Complaints Officer
Rev Geoffrey Folkes
Director