Parents with one child can now apply for a £650 loan, while parents with two or more children can apply for up to £1,000 providing Child Benefit payments are made into your Swan account.
PLEASE NOTE – this loan must be repaid in full when your child is 16.
If your Child Benefit is greater than your loan repayments and the additional Regular Savings Commitment of a minimum £3.00 per week, you can either save the remainder in a separate savings account that you can withdraw from, or have it automatically transferred onto a pre-paid Engage debit card each week
How to Apply
Go to the members website if you are ready a member at Account Login or use the Mobile App, otherwise login and join the Community Bank here
