Sydenham Single Regeneration Budget (SRB) had supported the Credit Union from the beginning and provided an office within their premises. When the SRB closed down in 2002 the Credit Union moved to 40 Eastover, which served as a shop, an office and a
base for training, committee meetings and events. The shop was officially opened in November 2002.
At various times in the first few years more collection points were opened and membership continued to grow. Another milestone was the launch of Junior
Savers in December 2003.
The next important change happened in January 2007 when the common bond area was extended to include all of Sedgemoor District and the Quantock Vale ward of West Somerset District. Now anyone who lives or works in Sedgemoor
or Quantock Vale is eligible to join the Bridgwater and District Credit Union.
In April 2008, the Credit Union moved out of the shop at 40 Eastover and into new accommodation in the Victoria Park Community Centre. Although the new venue is smaller and
without a shop front, being in the heart of a new community project and having an improved working environment means it should attract and maintain more members and volunteers. Importantly, the substantial financial savings will mean less dependence on grants
resulting in more money to develop the business and distribute to the members.
From 1st October 2017 Bridgwater & District Credit Union (now also known as SOMERSET COMMUNITY CREDIT UNION) will merge with Taunton Deane & West Somerset Credit
Union adopting SOMERSET COMMUNITY CREDIT UNION as the new name. All policies and procedures will be harmonised and a new Management Committee elected in time for the merger date