Welcome to the Minehead and Coast Time Bank
How does it work?
o Click on the Join button to start the registration process
o Our Coordinator will be in touch!
o Time banks are based on reciprocity – members need to both give and receive hours in order for the time bank to keep going.
o Here are some examples to help with understanding how it works:
1 to 1 exchange
Sam gives an hour, working in Jo's garden.
Sam earns 1 hour.
Jo spends 1 hour.
Group exchange (example 1)
Sam gives a talk about gardening to a group.
Sam earns 1 hour.
Jo and Lee and Bob go to the talk - they each spend 1 hour.
Community Pot / other member
Lee has earned a lot of hours.
Lee donates 5 hours to the community pot and another 5 hours to Jo.
The community receives 5 hours.
Jo receives 5 hours.
Lee's account is debited by 10 hours.
So – what are you waiting for? Join us now!
mineheadandcoasttimebank@timebanking.org