Latest news and helpful articles
Reading, Guildford, and Woking Are Turning to not-for-profit banking. Here’s why.
In 2022, we expanded into Reading, Guildford and Woking for a simple reason. We knew people were looking for an alternative to high street banks.
What Is a Not For Profit Bank And How Does a Cooperative Bank Work
What is a not for profit bank Learn how cooperative banking works and why member owned banks like WessexBank reinvest surplus for community benefit
AI in Banking UK: What It Means for Customers and How It Makes Banking Better
Artificial intelligence is no longer experimental in banking. Across the UK, major institutions are investing heavily in AI to improve security, streamline operations and enhance customer experience.
Christmas Club Savings Accounts: Why They Remain One of the Best Ways to Save for Christmas
Christmas Club savings accounts remain one of the most popular and effective ways to save for Christmas. They turn a once-a-year financial spike into a simple, manageable savings habit.
Why UK Consumer Borrowing Is Rising – And How to Avoid Expensive Debt in 2026
Recent figures from the Bank of England show that UK consumer borrowing is rising at its fastest pace in over a year, with credit card borrowing in particular accelerating sharply.
What the Budget’s New ISA Rules Mean for Cash ISA Savers
The Budget reduces the Cash ISA limit to £12,000 from 2027. We explain what it means for savers, whether it limits choice or makes saving easier.
Workplace Savings at Tops and Aspire Achieves Strong Results
In April 2024 we partnered with Tops and Aspire to introduce a workplace savings scheme for their team. Nearly a year on the results have been very positive.
A mutual buying a corporate. What the Nationwide and Virgin Money deal tells us about the future of cooperative banking
When Nationwide completed the takeover of Virgin Money it created a rare moment in UK banking. A mutual bought a corporate bank.
The British Business Bank’s expansion and why it matters to Wessex Community Bank
The British Business Bank has announced a major increase in its capacity, now reaching £25.6 billion to support growth across the UK.
Rachel Reeves’ Cash ISA Review: What It Could Mean for Savers and Why Ethical Banking Still Matters
The new government’s first Budget could bring change for millions of savers. Reports suggest that Chancellor Rachel Reeves is reviewing the UK’s ISA system and may adjust how much of the annual £20,000 allowance can be held in cash.
Spotting Scam Emails: How to Stay Safe and Protect Your Account
As online scams become more sophisticated, it’s more important than ever to stay alert to suspicious emails, texts, and calls pretending to be from trusted organisations including banks.
Our 23/24 Annual General Meeting (AGM) is Underway
Addressing members at the AGM, our CEO Gary Moran, shared his reflections on the past year and what we have achieved together during another successful year.

