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Boom Community Bank: Savings reviews

4.94
Based on 351 reviews, last reviewed 7th Jun 2024
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Latest highest rating:

5

Have savings with Boom. Have savings with Boom. Happy for the money to remain there. Reviewed on: 7th June 2024
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Dave the cardboard box

Latest lowest rating:

N/A

This product has not received a review of either 1 or 2 stars.

About this product

Boom Community Bank offer instant access savings for individuals, charities, organisations and businesses looking to make a local impact.

Boom Community Bank savings accounts can be managed using the app. To be eligible for a savings account, you must be over 16 and live or work within specified areas.

Boom Community Bank reviews help you find out what it’s really like to be a customer. If you’ve used Boom Community Bank before, you can also leave a review and share your experience.

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Boom Community Bank Savings reviews (351)

Saving

5
I have been a saver for a number of years and have always found the staff very prompt and helpful when I have needed help and guidance about my account. Reviewed on: 8th July 2021

Simply the best

5
Easy access to savings and saving helps those struggling who need to avoid greedy inflated commercial loan rates. Reviewed on: 8th July 2021

Excellent, personal, service!

5
In an era of robot call centres and "big" banks, having a local providers with "real" people at the end of the telephone is a refreshing change. Also knowing that your savings are used for ethical lending which keeps people in your own community away from pay day loan companies and door step loan sharks is a big plus! Reviewed on: 8th July 2021

Boost with Boom!

5
Have been saving with Boom for several years now. It’s so easy as I do payroll deductions so I don’t even notice it’s gone! Website is so easy to use to check how my savings are growing, and if I need to make a withdrawal, I put in a request via the website in the morning (working days) and the money is in my bank account by the end of the day! On the odd occasion when I’ve had to speak to a member of staff, they are so friendly and helpful. I would recommend Boom to anyone looking for a safe, easy to use savings plan. Reviewed on: 8th July 2021

BOOM RESQUES ME WHEN BANk DISAPPOINTS ME

5
I rely on Boom because they are reliable and I don't disappoint them when I receive loan from them.Boom was my sucuo when I lost my mum. Reviewed on: 8th July 2021

Outstanding

5
I have saved withBoom for years .Outstanding service always .I highly recommend. Reviewed on: 8th July 2021

Great!

5
Great customer service and managing my account online is easy. I enjoy using my new pre paid card to shop with. Reviewed on: 8th July 2021

A way for your savings to do good in your local community

5
I save with Boom credit union because I know my savings are being used to support my local community and help people access credit without having to pay high interest rates or use unregulated lenders. Reviewed on: 8th July 2021

Doing more with your money

5
I have been a regular saver with Boom for a number of years through a SAYE scheme. What attracted me to this option, as opposed to using any other high street institution, is the clear aim of helping other people in my own community. With the growing obsession with Credit Rating, so many people through personal circumstances are prevented from accessing credit and may be forced or encouraged to access more expensive or less scrupulous forms of credit. While the principles of lending against deposits are the same for all regulated banks etc, the clearly articulated linkage between my modest deposits and the lending capacity this creates, makes me feel fully invested in Boom CU. Reviewed on: 8th July 2021

Doing a great job

5
Very friendly people, doing a great job helping people get at the money they need at a fair rate, using the savings of locals, like them, that put the money in, to help other people. Reviewed on: 8th July 2021

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