St Oswald’s support for Cheshire Neighbours Credit Union
The Archbishop of Canterbury, Justin Welby, has famously criticised payday lenders such as Wonga, and vowed to put them out of business by promoting credit unions as an ethical alternative. He has set up a Task Group to develop the Church of England’s on-going support for local credit unions as part of a more competitive financial sector which encourages responsible lending and saving. (see more on the Church of England website).
Our Parochial Church Council has recently agreed to support our local Credit Union by investing some of our parish reserves with them. Investing our money in the credit union provides funds that can be used to help people needing short-term funds at ethical interest rates.
Individuals within the congregation may also wish to support Cheshire Neighbours Credit Union. To find more details call into Macclesfield Library from 10.00am to 12.00 noon on Thursdays or visit their website.