Pennine Community Credit Union and Blackpool, Fylde & Wyre Credit Union attended the area meeting for Halifax Bank managers from Lancs Central & East to discuss how credit unions could provide a service to the people that the bank are unable to help.
The Halifax Bank are part of the Lloyds Banking Group who are committed to tackling social disadvantage by improving financial inclusion. In-line with their ‘Helping Britain to Prosper’ plan both credit unions were invited to speak individually at the Branch Managers and Assistant Branch Mangers meetings at the Halifax Bank in Preston. The Credit Union movement in the UK has benefitted from the Lloyds Banking Group Credit Union Development Fund where successful credit union applicants share £1 million.
Kathryn Fogg, CEO of Pennine said
PCCU were pleased to be invited to make a presentation to the Halifax Bank managers, who were engaging and interested with the services that the credit union could provide. At PCCU we have already benefitted from referrals from the local Halifax Bank and look forward to working in partnership to help more people from the community
Both credit unions were given the opportunity to explain what services they provided, how the organisation functions and the different ways in which credit unions could work in partnership to provide ethical savings accounts and affordable loans to those who unfortunately do not meet the Halifax Bank’s criteria.
Mike Barry, CEO of Blackpool, Fylde & Wyre Credit Union said
We welcome this initiative from Lloyds Banking Group which can only be beneficial to Lloyds, their customers and to local credit unions
If you or anyone you know would like more information about the ethical savings and affordable loan accounts that we provide to the communities of Burnley and Pendle please contact us today.
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