Eastern Savings and Loans Credit Union Limited is a not-for-profit member-owned financial co-operative, based in Ipswich and operating through 25 local payment and information points in the East Anglian counties of Suffolk, Cambridgeshire, Norfolk and north Essex.

[12] Membership of Eastern Savings and Loans is restricted by common bond to individuals living, working, studying or volunteering inside the boundaries of Suffolk, Cambridgeshire and Norfolk.

The credit union offers business, third sector and corporate deposit accounts to organisations based in the area covered by the membership requirements.

[19] Eastern Savings and Loans is a member of the Association of British Credit Unions Limited,[20] registered under the Credit Union Act 1979 and the Co-operative and Community Benefit Societies Act 2014, and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA.

As with banks and building societies, members' savings are protected against business failure by the Financial Services Compensation Scheme.