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Funding awarded to Newtown credit union

 
Created on 04/05/2018 @ 12:15
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Newtown-based Cambrian Credit Union has been awarded funding from the Welsh Government to help extend its services.

The government has allocated over £844,000 to credit unions in Wales, including the Cambrian Credit Union.

The money will be used to promote credit union services as an alternative to high-cost credit and outreach services to be set up in rural parts of Powys.
 
Rebecca Evans, Minister for Housing and Regeneration said: “Credit unions in Wales deliver financial awareness education to adults and children.

"They help to equip people to make good financial choices, and avoid irresponsible lenders. They support people dealing with debt problems, and provide some of the most vulnerable people with sound financial products that they would struggle to access elsewhere.”


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