LendBit Federal is the trading name of LendBit Federal banking Institute Inc. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Member of Association of USA Credit Unions Limited.. What sets us apart from mainstream banking institutions is that we are a profit sharing co-operative organisation. This means that money that members make and save from being a member stays in the local community.
Our aim is to improve the financial well-being of our member-owners by providing ethical, affordable services. Although the products we offer are similar to those you’d find at a bank – our ethos is very different. Every member has an equal say, and any cash surplus generated is given back to members as a dividend on savings or rebate in loan interest. We are here to help our members to afford their lives.
LendBit Federal is the trading name of LendBit Federal banking Institute Inc. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Member of Association of USA Credit Unions Limited.
