Time Bank

4317821What is Time Bank?
Time banking is a way for people and organisations to share resources, skills and knowledge and be rewarded for it – in time. For every hour of time you give, providing a service for another member, you receive one time credit (1 hour = 1 time credit). These time credits can then be spent within the time bank community on things that you may need help or support with. It works on the principle that everyone’s time is equal, so one hour of my time is equal to one hour of your time, irrespective of whatever we choose to exchange. Because time banks are just systems of exchange, they can be used in an almost endless variety of settings.

Traditionally Time banking can be split into three models:
1. Person to Person: reweaving social networks, strengthening communities by offering support, friendship and valuing skills of individuals.
2. Person to Organisation: enlisting people to contribute to agencies missions.
3. Organisation to Organisation: ensuring agencies share underused resources and skills.

In reality however, time banks are most sustainable when these artificial boundaries are withdrawn, and the three models are brought together. In that way, people, organisations and public services can be brought together and skills, support and physical assets can be exchanged in an equitable manner.

Who can join?
Time banks value people equally irrespective of age, gender or culture. They are therefore accessible to all and totally inclusive. Time banks are free to join and taking part does not affect the volunteers tax position or their entitlement to state benefits.logo-5

Each time bank will have a “broker”. The broker is the person who keeps a record of everyone’s contributions. The broker manages the practicalities such as putting people in touch with each other, obtaining references for the time bank members, organising insurance and where necessary, obtaining disclosures for members working with vulnerable groups.

When you join the scheme, the broker will open an account for you. Your hours will be recorded on a computer database, called Time and Talent, and you will be sent a regular statement of the time you have given and received.

To sign up for Timebank, please fill in the form below:

Your Name (required)

Your Address (required)

Your Email (required)

Your Contact Number (required)

Your D.O.B (required)

We want to ensure that as an Argyll and Bute Time Bank participant you feel safe, so for everyone involved in the scheme we take up references - they can be friends but not family and must have known you for at least 2 years.

Reference 1

Reference 1 name(required)

Reference 1 address (required)

Reference 1 Email (required)

Reference 1 Telephone

Reference 2

Reference 2 name(required)

Reference 2 address (required)

Reference 2 Email (required)

Reference 2 Telephone

As a member of the Argyll and Bute TSI Timebank, I agree to;
- Always treat fellow members respectfully
- Respect other members' privacy and be confidential about their personal information
- Provide feedback on Timebanking experiences and to log hours

By submitting this form, you agree to abide by the above standards of care.

The Data Protection Act puts obligations on users of personal information and lays down principles for its use. One principle states that information has to be processed fairly and lawfully. This means you are entitled to know how we intend to use any information you provide.

The information you have provided will help us to try and find you a volunteer opportunity best suited to your personal circumstances. It will also help us to monitor and improve the quality of our service. Your personal data will not be given to anyone else unless it is necessary for us to do so i.e. in order to comply with the law, or with police investigations. Information about your postcode, gender, ethnicity, state, age, any disability, may be disclosed to, for example, our funders, or in our Annual Report, but only in the form of statistics and not in any way that identifies you. The information will be entered onto our database and it will be used in accordance with the principles of the Data Protection Act 1998. If you do not wish to answer a question, simply leave it blank.

If you wish to view the information we hold on you, please write to our Manager.