A Mission-led bank for the West of England: Swindon - RSA

A Mission-led bank for the West of England: Swindon

Fellowship events


Thrings Solicitors, Swindon

  • Community Banking
  • Transform

Join us in Swindon to discuss the social, economic and environmental case for regional banks and the development of Avon Mutual, a co-operative bank dedicated to the West of England.

Establishing regional banks was one of the key recommendations of the RSA’s recent Inclusive Growth Commission, which was designed to find practical ways to make local economies across the UK more economically inclusive and prosperous.

We are now supporting Avon Mutual (which covers Gloucestershire, Wiltshire, Bristol, Bath & North Somerset) as part of a wider movement led by the Community Savings Bank Association to develop a UK-wide network of customer-owned, regional banks. By pursuing a different business model these banks will bring a range of social and economic benefits to the region, including:

  • Tackling financial exclusion through providing universal access to banking facilities for all citizens

  • Increasing productivity by investing in SMEs, with well informed decisions made by local branch managers

  • Creating new local jobs with Head Offices based in the region rather than in London

Avon Mutual will be an ethical and sustainable alternative to the big banks and will support small local enterprises focussed on issues such as building zero carbon homes and developing sustainable food and farming for the bioregion. This will fill a hole in the UK investment landscape which is well served by community banks across Europe.

This event is being held in partnership with Business West and will bring together key stakeholders in Wiltshire who are interested in the development of a mission-led bank that will drive inclusive growth in the region. There will be more speakers confirmed shortly. 

Thrings Solicitors, 6 Drakes Meadow, Swindon, SN3 3LL

Related events

  • Building a Mission-led Bank for London

    Benjamin Franklin Room, RSA House, 8 John Adam Street, WC2N 6EZ

    Join us to find out more about Greater London Mutual (GLM); a radically different kind of bank that will be owned by its members and serve all Londoners regardless of their financial means. By recycling local savings to create local loans, GLM will support small businesses grow across the capital, building and storing community wealth.

  • Building a new community bank for London


    Join us for an interactive online event to find out how RSA Fellows are leading a movement for UK regional banking and explore how you can help build a new community bank for London.