×


Home About Contribute Sponsorship Contact Sign In
×







.


Finance Industry News

Campaign launched by GM credit unions to support financial well being


How is your balance? GM credit unions have launched a campaign to encourage people to think about their finances and to support their wellbeing.

Campaign launched by GM credit unions to support financial well being


"Credit Unions look to rebuild communities, support local people and lend responsibly. The pandemic has caused many people to feel financially unstable and we want to help with that."
Sheila Murtagh, Chief Exec Salford Credit Union



Eight Greater Manchester credit unions - who all form part of the SoundPound consortium - have joined forces to launch a new campaign - #HowsYourBalance  #CreditUnionAwareness - asking members of the public to take part in a balancing act challenge to start a conversation about their financial well being.  

 The ‘How’s your balance?’ campaign marks Credit Union Awareness Month (October 1 to October 31) 

Staff from Unify Credit Union, Salford Credit Union, and Manchester Credit Union, are posting photos of themselves balancing items on their heads as a way of engaging with members of the public to encourage them to talk to their local credit union about stabilising their bank balance with an affordable loan and savings plan.

 Chief executive of Salford Credit Union, Sheila Murtagh, said: “Credit Unions look to rebuild communities, support local people and lend responsibly. The pandemic has caused many people to feel financially unstable and we want to help with that. 

“Addressing your financial wellbeing is so important to making all areas of your life more balanced. It is a serious topic but we also want to have a bit of fun while doing it. 

“Our staff have been taking on the How’s Your Balance challenge and posting them on our social media channels and I am looking forward to seeing how members of the public get involved.”

More than 65,000 people are members of credit unions across Greater Manchester, 80% of people who borrow from Greater Manchester credit unions spend the money locally and 70% of members continue to save regularly after repaying a credit union loan. Greater Manchester Credit Unions also have £20 million pounds available to lend and save borrowers £13 million in charges and interest.

To find out how you can improve your balance visit: https://soundpound.co.uk/

 

.


Finance Business News - Warrington Credit Union has merged with a Wigan credit union to offer customers new online financial services, text updates, and a larger range of affordable loans.


Warrington Credit Union merges to provide customers with new online services

Finance Business News - Unify Credit Union has increased its borrowing limits to support people who may be struggling as a result of the pandemic and stop them from becoming another statistic.


Wigan credit union offers help to financially vulnerable affected by Covid-19

Finance Business News - Manchester Credit Union has been announced as the only finalist from the Greater Manchester region at the Consumer Credit Awards.


Manchester Credit Union shortlisted for national award

Finance Business News - The credit union currently has 10,000 members across Wigan, Leigh, Chorley, and Skelmersdale. The expansion aims to support residents in Warrington and South Ribble with loans and savings products that will be easily accessed online, on the phone, and in-branch.


Credit Union expands its ethical financial services in Lancashire and Cheshire

Finance Business News - South Manchester based accountancy firm Leavitt Walmsley Associates LWA are thrilled to announce they are due to return as an official Manchester Storm sponsor for the 20 21 Ice Hockey Elite Series LWA first came on board with the local club during the 2017 18 Elite League season and have continu...


LWA Return as Official Sponsor for the 2021 Ice Hockey Elite Series

Finance Business News - Angela Fishwick of Unify Credit Union said, people can get themselves into a spiral of debt when turning to buy now, pay later services which are currently not adequately regulated meaning they are not carrying out affordability checks and credit checks.


Credit union issues warning ahead of Christmas to avoid Buy Now, Pay Later






Ten Times Ten

Analytics, Modelling & Business Intelligence Specialists