Reporting to members this week, Chair David Fawell was delighted to share a successful year for the credit union, after granting 2,300 loans which brings total lending to over £32 million since their beginnings in 1998.
David is proud that the credit union has remained with its core values of cooperation and continues to serve members, in particularly those facing tough financial challenges. David said: “As it was more than 20 years ago when the credit union was established, our aim remains to provide members with a simple mechanism for saving and borrowing.
“I am extremely proud that from a relatively modest beginning the credit union has grown into a thriving operation, serving the needs of more than 8,000 members drawn from a range of co-operative organisations across the UK and with cumulative lending of over £30 million to our members”.
Long-time volunteer, Ken Jackson received recognition for his 18 year contribution to supporting and volunteering. Ken received the annual ‘Graham Southall Award’. The award, in its 4th year, is presented by Lifetime President, Graham Southall in recognition of an outstanding contribution to the credit union. Ken, who worked for the Co-op bank before he retired, is a key member of the credit union’s supervisory committee.
Ken said: “I had no idea I was going to receive this award. It has come as a great surprise as I really enjoy my supervisory work for the credit union.”
David added: “I am delighted this award has been presented to Ken who has made such a major contribution to The Co-op Credit Union over many years.”