Write a review

Wave Community Bank: Loans reviews

Name: Loans
Rating: 4.93 (219 reviews)

View other Wave Community Bank products

4.91

Based on 219 reviews, last reviewed 2nd Jun 2025

5400% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

96%

2 star

Latest highest rating:

4

Good service So far has been pretty straight forward and wave are very responsive Reviewed on: 2nd June 2025

Latest lowest rating:

1

Disappointed with Application Handling I am writing to express my disappointment regarding the handling of my membership and loan application. I was surprised to learn that my application ... Read more Reviewed on: 7th April 2025

Read all reviews Write a review

About this product

Review Wave Community Bank: Loans now

Help others make smarter decisions by sharing your own experience.

Write a review

Wave Community Bank Loans reviews (219)

Very good rates

I didn’t feel any pressure or worried about interest rates and I paid my loan back and saved money at the same time Reviewed on: 13th July 2022

Local community banking

In the current financial crisis saving is all the more important. For me I like the idea of my money being managed locally & it helping to support those in the local community through affordable and ethical loans. Reviewed on: 9th July 2022

Best savings pot ever!

I save monthly for my annual bus ticket into my savings account. At the end of the year I can then afford to pay for my bus ticket and also get 20% off the cost. So easy to do and the staff are always so helpful. Reviewed on: 30th June 2022

Fantastic Loans

They are quick and efficient I also like the fact that you pay a little extra and they set up a savings pot for you.i'm rubbish at saving so for me it's great that it comes straight out of My wages so I don't need to worry about missing any repayments. Reviewed on: 25th June 2022

Strong alternative to the usual big banks and ethically unreasonable out there

Good core offering for lending and associated credit union product. Not particularly high quality day to day current account as is a third party product but their lending, while conservative, does seem to be ethical and responsible and responsive. I use them now and I will continue to do so. Reviewed on: 25th June 2022

Good community resource

Already recommended wave to family members. I like the fact that you can have seperate "pots of money for different things. Prize saver account is great as well. Reviewed on: 13th June 2022

Ethical and community minded

Being with this credit union helps people in real need. Reviewed on: 13th June 2022

It Makes Sense.

I think the Credit Union is a brilliant way to save whatever you can reasonably afford. I feel that once you become a credit union member it encourages you to continue to save on regular & hassle free way & has become very much easier to withdraw when needed. Reviewed on: 4th June 2022

Very good

I always like to know I can have help Reviewed on: 17th May 2022

Clarity and supportive banking

How great too feel that what we believe are financial hurdles , To being supported and cared for as individuals , and helped with the best advice that’s for your individual money needs , x Reviewed on: 17th May 2022

Do you have a different Wave Community Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Loans
from Serve & Protect Credit Union 4.87 from 1237 reviews
Personal Loan
from Loans 2 Go 3.20 from 15 reviews
Personal Loan
from My Community Bank 4.91 from 3214 reviews

There's still more to see!

Wave Community Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub