Wave Community Bank - Hove

Introduction to Wave Community Bank

Wave Community Bank stands out as a prominent and highly regarded financial institution in the Brighton and Hove area, United Kingdom. It operates as a credit union, offering a range of financial services primarily focused on member benefits and community support. Its official address is located at Hove Town Hall on Tisbury Road, providing convenient on-site services for its members and customers. The bank is known for its commitment to ethical banking practices and its role within the local community.

Location and Accessibility

Located at Hove Town Hall, 166 Tisbury Road, Wave Community Bank is easily accessible within the heart of Brighton and Hove, BN3 3BQ. Its visibility from a major town hall building adds to its accessibility. Furthermore, the branch is wheelchair accessible, ensuring that it can cater to customers with mobility issues, making its services inclusive for everyone in the community.

Core Services and Specialties

As a financial institution specializing in credit union services, Wave Community Bank focuses on providing financial products and support tailored to its members. This often includes savings accounts, loan schemes, and financial advice designed to meet the specific needs of its community. The bank's services are delivered with an emphasis on member support and empowerment, fostering a sense of belonging and financial well-being among its users.

Its primary role is that of a credit union, meaning it operates for the mutual benefit of its members rather than as a profit-driven entity. This structure allows it to offer potentially more favorable terms and focus on community development. Wave Community Bank actively supports local initiatives and aims to be a positive force within Brighton and Hove.

Reputation and Member Opinions

Wave Community Bank enjoys a strong reputation among its members and the wider community. It consistently receives high praise, reflected in its significant number of reviews (49 on Google My Business) and a commendable average rating of 4.4 out of 5. These reviews highlight the bank's efficiency and helpfulness.

Testimonials frequently emphasize the personal and supportive approach taken by staff members. Customers often mention feeling genuinely helped and valued during their interactions. Many express appreciation for the bank's ability to assist them through difficult financial situations without resorting to excessive debt. Specific staff members, such as John and Lauren, are often named in positive reviews for their professional and efficient service, contributing to the overall positive experience reported by many users.

Furthermore, the bank's commitment to providing sensible financial advice is frequently acknowledged. This focus on responsible lending and guidance helps members make informed decisions. The combination of ethical practices, member-centric support, and positive customer experiences solidifies Wave Community Bank's position as a trusted financial partner.

Additional Information

For further details or to contact the bank, one can reach them via their provided phone number or visit their official website. The dedicated team at Wave Community Bank is available to assist with inquiries, applications, and any other financial needs members might have. Their presence at Hove Town Hall also signifies a local commitment, reinforcing its role as a community-focused financial institution.

Summary of Key Features

• Financial Institution Type: Credit Union focused on member benefits.
• Location: Hove Town Hall, Tisbury Road, Brighton and Hove, UK (Wheelchair accessible).
• Core Activities: Member savings, loan schemes, financial advice.
• Reputation: Highly rated (4.4/5), known for efficiency, helpfulness, and responsible practices.
• Community Focus: Ethical banking, local support, member empowerment.

👍 Reviews of Wave Community Bank

Sue C.

5/5

I had lost hope of anywhere helping me out of a bit of a messy situation. Applied to Wave and was so happy when I was approved. Thanks to John and Lauren the service was efficient, speedy and seamless. Would definitely recommend!!!!

Antony R.

5/5

Very helpful and efficient. They were able to help me sensibly without putting me in debt that I couldn't afford... highly recommend!

Jasmine W.

5/5

I was originally approved for a loan last summer but I had an issue sorting bank details for my Child benefit with HMRC, so the offer was withdrawn. I reapplied in December and managed to get Child Benefit payments sorted and the loan was automatically offered and paid out today. Thank you for your patience and understanding, would recommend to those in need. You automatically save money too which you can withdraw when the loan is repaid - bonus!! 🙂

Also- to add - quick email responses from John and Lauren. Thank you.

Geneva O.

5/5

I have know wave when they were using the name Kentsavers. They are very Efficient and very helpful. Despite that I applied for a bigger loan for my father's surgery, but because of my outgoings they were unable to offer me the amount for fear of repayment but they did something VERY REMARKABLE, they offered me a lower amount just to make sure they helped in saving my father's life. That act is very REMARKABLE and I will forever remain grateful to @WAVE COMMUNITY BANK and I Highly Recommend them for everyone..👍

Marie M.

1/5

Always got loans with these been having loans since 2021 but as of late not wanting to help at all and didn't know they take money out of there customers savings to loan you the money very shocked by this and there current service the APR is absolutely shocking aswell don't they really help and if youe due your child benefit money don't expect to see it u till late Tuesday afternoon

Theresa K.

3/5

I'm starting to think I preferred Kent Savers. I was able to get a loan with Kent Savers when I wasn't even working. I have more disposable income and even savings than I did before and was told that the assessment was that I was unable to afford a £600 loan for 6 months to fund a training course. I have that multiplied plus some in my banking/savings account with multiple sources of income but just was trying to reserve my cash flow as I have been investing in my software business and it’s so close to Christmas. I'm also starting to think that it was denied because they weren't able to make much off of the loan. However, I will pay the cash for the course.

I'm not upset but just found the email to be very generic and impersonal saying it was in the interest of their members and my affordability was an issue on a £600 loan and that they couldn't even offer me less based on my circumstances. 😂

As a member, I will also look out for my own interest and put my funds where it better serves my needs and business. I wish them the best of luck too.

Lindiwe B.

5/5

I have been getting my loans and if all okay and my credit ratings l fine they have never let me down 😊

Madalina U.

5/5

Recommend wave community bank , professional and friendly service! Always helped me when I most needed!