Interesting article from the i newspaper published recently
Membership of credit unions soars as Britons struggle to get loans through mainstream lenders
Among the Key Points:
Adult membership of credit unions (including community banks) has risen to 1.9 million, the highest ever level
Total loans were £1.74bn
The most expensive credit union/community bank loans can be eight times cheaper than a payday loan
To read the full article click here
St Albans Community Bank is a member of the credit union movement and is open to anyone who lives or works in Hertfordshire
website https://www.stalbanscommunitybank.co.uk
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