Began as Western Super Mare & District credit union registered in January 2004. June 2009 with a change of common bond started trading as North Somerset credit union. The credit union name changed to Somerset Savings and Loans in January 2013 and
membership increased. In June 2017 a new name was designed Westcountry Savings and Loans to more accurately reflect the new membership area to better reflect the area served, which stretches from Bath in the east to Plymouth in the west. The credit union has
been stepping up its efforts in hard-pressed communities, reducing people's dependency on doorstep and payday loan companies. The credit union operates drop-in centres in Weston-Super-Mare, Yeovil and Taunton as well as running sessions in a number of villages.
Members need to live or work in Somerset, Devon or Cornwall and the Isles of Scilly. Due to an unprecedented period of lending the credit union in 2018 is aiming to raise £100, 000 of new deposits by issuing a new cash ISA with an interest rate of 1.
5% AER. It's a fixed term product over two years. It is the first foray for the credit union into paying interest rather than a dividend. Members can save up to £20,000 in 2018 tax year into a cash ISA