Affordable lending and saving service opens in city centre location
9 November 2018The West Cheshire Credit Union has officially opened its new premises in the city centre, directly opposite the main bus interchange in Chester. The service caters for everyone in the community wishing to save or borrow money. Residents within the borough may need to turn to credit leading up to Christmas and this is the safe and affordable way to do it. The Credit Union can be a life line for many residents in the borough who have limited or less than perfect credit history and are therefore unable to access mainstream financial services.
Leader of Cheshire West and Chester Council, Councillor Samantha Dixon adds:
“The opening of the West Cheshire Credit Union in a prime location is great for residents, making it easily accessible. We fully support the service, reducing the risk for our residents falling prey to the extortionate costs of doorstep lenders, payday loans, and, in some cases, loan sharks, where residents potentially struggle to pay back the loans and get themselves further and further into debt. Residents are able to save safely and borrow money at more affordable rates.”
General Manager of WCCU, Neil Jay said “This is an exciting time for the West Cheshire Credit Union. We have been working hard to open an office in central Chester so we can meet the needs of our customers. The credit union is open to everyone in the community, no matter their age or circumstances and we work closely with each individual to help and support them and advise on the best options. We are in an accessible location to residents and welcome anyone to pop in and have a chat to see how we can help with their finances. We offer affordable loans as well as a number of saving schemes to suit your circumstances.”
If you would like to find out more about the West Cheshire Credit Union you can visit their website at www.wccu.co.uk or call them on 01244 399006. Cheshire West and Chester Council, Cheshire & Wirral Partnership, Muir Housing, For Housing, Sanctuary Group and Weaver Vale Housing Trust commissioned West Cheshire Credit Union in 2015 to provide practical saving and affordable lending facilities to residents and workers across the borough.
Neil Jay, General Manager of West Cheshire Credit Union and Eleonor Boughton, wife of late founding member of Chester Credit Union, John Boughton (Chester Credit Union, now called West Cheshire Credit Union)