So when he realised the banks were failing both savers and productive businesses, he set up Burnley Savings and Loans as a step towards a “tiny, tiny bank”.
Dave personally guarantees customers’ savings out of his own assets. He provides a 5% return. He makes productive loans to local businesses he gets to know personally.
But the Establishment doesn’t know how, perhaps whether, to help.
His documentary charts his indefatigable attempt to start a local, productive and responsible bank. I am doing what I can to help, as I expect you may see in tonight’s programme.
Bank of Dave – Fighting the Fat Cats will be transmitted on Channel 4 at 22:00 tonight before going to that family of channels throughout the week.