Church launches community bank

A church in Sittingbourne has opened a community bank offering savings and loans.

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  1. David Johns (@davidjohns_itv)

Savings and loans offered by Kent church

Where do you turn when you want a loan? A bank? A building society? A friend? How about your local church! Well this morning, Kent's first "community bank" to be held in a church opened its doors for savers and borrowers.

Last year the Archbishop of Canterbury promised to do more to help people affected by debt, and to provide alternatives to high-interest "pay day loans". But are financial services really what the church should be involved in?

David Johns reports, speaking to the Rt Rev Trevor Wilmott, Bishop of Dover; parish priest Rev Lesley Jones; financial expert Justin Urquhart Stewart; and headteacher Patricia Hatt.

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