Acorn Community Bank Appoints Clive Henly as CEO Amidst Rapid Growth

Acorn Community Bank has appointed Clive Henly as its first Chief Executive Officer as it continues its remarkable growth in the UK counties of Buckinghamshire, Oxfordshire, Berkshire, and Wiltshire. Under Henly's leadership, the bank plans to further expand its membership, which has nearly doubled since Acorn was formed from a merger of three credit unions. Henly, who previously spent 11 years as a volunteer manager while working as an IT project manager, is now dedicating himself full-time to positioning the bank as a key player in community development. Acorn Community Bank provides essential financial services to those underserved by traditional banks, offering affordable loans to prevent members from resorting to high-interest lenders or loan sharks. The bank boasts payroll saving partnerships with local councils and NHS Trusts, and Henly aims to expand these partnerships. While the majority of its members are young families in need of small emergency loans, Henly wants to broaden membership to include middle-aged and retired individuals, emphasizing equal financial opportunities for all. The bank's customer service has previously been recognized with awards, and Henly is keen to enhance the service and support provided to members, focusing on financial resilience and consistency.