Boom Community Bank

Linked Data URI

This Linked Data URI can be used to view this page in a web browser, or by a computer program to access the same information in a machine-readable format:

• https://lod.coop/coops-uk/R015177

This is part of a dataset which has its own Linked Data URI: This provides a human-readable list of contents if you click on it; It can also be used by computers to get a list of everything in the dataset in a machine-readable format:

• https://lod.coop/coops-uk/

CSV data

This is the original information from which this Linked Data was generated and published on the web:

Links to other datasets

These are Linked Data URIs: You can click on these in your browser to see human-readable information; Computers can use the same Linked Data URIs to get machine-readable information:

Linked Data Browsers

You can look at this data, and follow its links using these tools:

• Graphite browser, courtesy of University of Southampton

<?xml version="1.0" encoding="UTF-8"?>
<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:essglobal="https://lod.coop/essglobal/2.1/vocab/" xmlns:gr="http://purl.org/goodrelations/v1#" xmlns:dc="http://purl.org/dc/terms/" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:vcard="http://www.w3.org/2006/vcard/ns#" xmlns:osspatialrelations="http://data.ordnancesurvey.co.uk/ontology/spatialrelations/" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#">
  <essglobal:SSEInitiative rdf:about="https://lod.coop/coops-uk/R015177">
    <gr:name>Boom Community Bank</gr:name>
    <dc:description>Boom Community Bank provides community-based financial services. It offers loans, savings accounts and everyday banking facilities and, in particular, sets out to support those on a low income or who cannot access mainstream financial services.

Boom Community Bank is like a regular high street bank in that it lends to borrowers and looks after money for savers, but there are differences. Boom does not operate to make a profit, and its customers are its shareholders. This model is also known as a Credit Union.

Boom deals primarily with loans between £300-£15,000 and savings accounts of £85,000. Savings in Boom are protected under the Financial Services Compensation Scheme (FSCS). Savings in Boom support ethical lending practices in local communities.

People who take out a loan pay interest but gain five significant advantages:

*Repayments are more reasonable because a 'not for profit structure means focus is on affordability and not excessive profits.
*There are no arrangements or service fees.
*Borrowers save as they repay their loans. When the loan is paid off, the accumulated savings become available to spend or to keep adding to.
*There are no penalties for repaying all or some of the loans early.
*Boom Community Bank can also put you in touch with agencies that can advise you on budgeting and debt management.</dc:description>
    <foaf:homepage>http://www.boomcb.org.uk</foaf:homepage>
    <essglobal:organisationalStructure rdf:resource="https://lod.coop/essglobal/2.1/standard/organisational-structure/OS130"/>
    <essglobal:countryId rdf:resource="https://lod.coop/essglobal/2.1/standard/countries-iso/GB"/>
    <essglobal:baseMembershipType rdf:resource="https://lod.coop/essglobal/2.1/standard/base-membership-type/BMT10"/>
    <essglobal:primarySector rdf:resource="https://lod.coop/essglobal/2.1/standard/activities-ica/ICA140"/>
    <essglobal:hasAddress>
      <essglobal:Address rdf:about="https://lod.coop/coops-uk/R015177#Address">
        <vcard:street-address>129 Montague Street</vcard:street-address>
        <vcard:locality>Worthing</vcard:locality>
        <vcard:region>West Sussex</vcard:region>
        <vcard:postal-code>BN11 3BP</vcard:postal-code>
        <vcard:country-name>United Kingdom</vcard:country-name>
        <osspatialrelations:within>
          <rdf:Description rdf:about="">
            <geo:lat rdf:datatype="http://www.w3.org/2001/XMLSchema#decimal">50.80988</geo:lat>
            <geo:long rdf:datatype="http://www.w3.org/2001/XMLSchema#decimal">-0.37587</geo:long>
          </rdf:Description>
        </osspatialrelations:within>
      </essglobal:Address>
    </essglobal:hasAddress>
  </essglobal:SSEInitiative>
</rdf:RDF>

@prefix dc: <http://purl.org/dc/terms/> .
@prefix essglobal: <https://lod.coop/essglobal/2.1/vocab/> .
@prefix foaf: <http://xmlns.com/foaf/0.1/> .
@prefix geo: <http://www.w3.org/2003/01/geo/wgs84_pos#> .
@prefix gr: <http://purl.org/goodrelations/v1#> .
@prefix osspatialrelations: <http://data.ordnancesurvey.co.uk/ontology/spatialrelations/> .
@prefix rdf: <http://www.w3.org/1999/02/22-rdf-syntax-ns#> .
@prefix vcard: <http://www.w3.org/2006/vcard/ns#> .
@prefix xsd: <http://www.w3.org/2001/XMLSchema#> .

<https://lod.coop/coops-uk/R015177> a essglobal:SSEInitiative;
  dc:description """Boom Community Bank provides community-based financial services. It offers loans, savings accounts and everyday banking facilities and, in particular, sets out to support those on a low income or who cannot access mainstream financial services.

Boom Community Bank is like a regular high street bank in that it lends to borrowers and looks after money for savers, but there are differences. Boom does not operate to make a profit, and its customers are its shareholders. This model is also known as a Credit Union.

Boom deals primarily with loans between £300-£15,000 and savings accounts of £85,000. Savings in Boom are protected under the Financial Services Compensation Scheme (FSCS). Savings in Boom support ethical lending practices in local communities.

People who take out a loan pay interest but gain five significant advantages:

*Repayments are more reasonable because a 'not for profit structure means focus is on affordability and not excessive profits.
*There are no arrangements or service fees.
*Borrowers save as they repay their loans. When the loan is paid off, the accumulated savings become available to spend or to keep adding to.
*There are no penalties for repaying all or some of the loans early.
*Boom Community Bank can also put you in touch with agencies that can advise you on budgeting and debt management.""";
  gr:name "Boom Community Bank";
  foaf:homepage "http://www.boomcb.org.uk";
  essglobal:baseMembershipType <https://lod.coop/essglobal/2.1/standard/base-membership-type/BMT10>;
  essglobal:countryId <https://lod.coop/essglobal/2.1/standard/countries-iso/GB>;
  essglobal:hasAddress <https://lod.coop/coops-uk/R015177#Address>;
  essglobal:organisationalStructure <https://lod.coop/essglobal/2.1/standard/organisational-structure/OS130>;
  essglobal:primarySector <https://lod.coop/essglobal/2.1/standard/activities-ica/ICA140> .

<> geo:lat 50.80988;
  geo:long -0.37587 .

<https://lod.coop/coops-uk/R015177#Address> a essglobal:Address;
  osspatialrelations:within <>;
  vcard:country-name "United Kingdom";
  vcard:locality "Worthing";
  vcard:postal-code "BN11 3BP";
  vcard:region "West Sussex";
  vcard:street-address "129 Montague Street" .