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Meg Munn MP - Sheffield Heeley's voice in Parliament | Welcome
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The credit union’s ‘Credit Crunch’

Tuesday, February 8, 2011

Meg Munn MP recently met Fiona Greaves and Jane Bulloss from Sheffield’s Credit Union during a visit to their office in Castle Market. Fiona, who is Chair of the Board of Directors, and Jane, Office Manager, told Meg what effect the recession is having on their activities, and how cuts to their funding is changing the scale of the work they can do.

 

Sheffield Credit Union provides financial aid, mainly for people on lower incomes.  They have 7000 active accounts and have helped over 2000 people move into main-stream banking.  At the credit union, they work to help people avoid the use of loan sharks, by providing alternative loans, with lower interest rates.

 

Meg said:

 

“The work that Sheffield Credit Union does is very important, especially during these hard economic times. It provides a service that helps people avoid hitting rock bottom”

 

For further information visit: http://www.fisy1.co.uk/Credit%20union%20pages/Credit%20Union.htm

 

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