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Wave Community Bank: Savings reviews

Name: Savings
Rating: 4.89 (286 reviews)

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4.85

Based on 286 reviews, last reviewed 11th Jul 2025

75% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

90%

2 star

1 star

Latest highest rating:

5

Vote wave community Great staff and very good at explaining stuff Reviewed on: 11th July 2025

Latest lowest rating:

N/A

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

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About this product

Wave Community Bank have a range of ethical savings accounts.

With Wave Community Bank, you can save between £1 and £85,000. Pay direct from your pay packet on one of the payroll deduction schemes, via standing order, bank transfer, cheques or AllPay card.

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

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Wave Community Bank Savings reviews (286)

First class customer service for loans and savings.

A wonderful way to save locally and support the community. Also a loan scheme that is based on members history within the union not their credit rating. Excellent. Reviewed on: 26th March 2021

A Great Way to Save Money

I use the Chorus scheme to save direct from my salary. It makes it so much easier to save for the future and provides access to low cost credit when I need it. Reviewed on: 22nd March 2021

Benefits my community

I've been saving with East Sussex credit union since it's early days and that's helped me be prepared. I love how my savings are available as loans to other members who need them, helping to avoid unscrupulous lenders. Reviewed on: 22nd March 2021

Top class!

I can't thank the ESCU enough. I had a money situation about 10 years ago and they came to the rescue with manageable loan amount/repayment at a lower interest than I was offered elsewhere. The only proviso being that I also had to pay into a share account to build up some savings at the same time. This helped to enforce good saving habits and bring me out of financial distress. Now loan free, I also have a nice little pot of savings that I continue to add to which has proved very handy to dip into for unforeseen circumstances! In addition to this, the customer service has been beyond excellent. On the one occasion (in 10 years!) that there was a blip it was resolved immediately. So, thank you ESCU and your fantastic staff! Reviewed on: 20th March 2021

Local people for local people

I admire the ethos and support for community, and no hassle contact and service Reviewed on: 9th March 2021

Continuous innovation

Thus little credit union is always seeking user friendly solutions and improve their services. Reviewed on: 2nd March 2021

Excellent consistent work

I have been with the ESCU for a few years now and they provide consistently excellent customer service, especially in 2020 during challenging times. Reviewed on: 22nd February 2021

A community bank

Very much centred in the local community- the credit union is a modern organisation, web access to accounts, and enabling people to borrow when they need to without crippling interest rates Reviewed on: 20th February 2021

ESCU motivated me to save £20 per month which was affordible

Having saved £20 per month regularly I have now accumilated £941.88 . . . this is an amazing amount that I wouln't have acheived without them, thank you very much, I highly recommend them, it's easy to save!! Reviewed on: 18th February 2021

Friendly, helpful and a wealth of knowledge

I have been with my credit union for almost a decade now and I have always found the staff to be supportive and kind. I am housebound so getting out to see them is really difficult. The staff are very conciderate of my needs and abilities and go out of their way to support me to use the service. I have recently set up funds for my two Granddaughters so that they can start the process of managing their finances in a healthy way and I trust the credit union to always be there to help should they ever get into difficulties. I really recommend everyone to obtain an account. The service and company ethos is excellent. Reviewed on: 17th February 2021

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