Pennine Community Credit Union Members Save Over £500,000 For a Cracking Christmas

Friday 26 January 2024

Members of Burnley-based Pennine Community Credit Union (PCCU) have saved a record-breaking amount for Christmas 2023 of £525,000, which is a 50% increase in savings from last year.

“Last year our account holders saved £340,000 throughout the year in our locked Christmas Club Account, it blew the whole team away to see this year totalling £525,000” said Tia Warbrick, PCCU Chief Operating Officer.

This increase in total savings by Christmas Club Account holders is a trend which has seen records smashed year-on-year since 2018.

Tia highlighted how the credit union works throughout the year to promote the account with existing and potential account holders “We encourage people to save as little or as much as they can throughout the year, explaining that saving as little as £3 per week can make a great start at Christmas. To see our amazing account holders save over half a million pounds as we all face a cost-of-living crisis, nearly £240 per person, for Christmas is incredible.”

Read the full story here.