Credit union calls: ‘join us’

Chesterfield and North East Derbyshire Credit Union manager Karen Peck with volunteers James Callender, Michelle Raymond-Barket and Trina Banks
Chesterfield and North East Derbyshire Credit Union manager Karen Peck with volunteers James Callender, Michelle Raymond-Barket and Trina Banks

“come and join us”.

That’s the message from Chesterfield and North Derbyshire Credit Union after the service was relaunched.

Eight new volunteers have been recruited to its ranks – allowing opening hours at the Theatre Yard facility to be extended – while a funding bid for staff has been submitted and new office equipment obtained.

“We’re relaunching, we’ve got to grow in members and expand our services,” said manager Karen Peck.

“Now we’re hoping to get another six outreach points going in the next three months or so.

“It’s really exciting and we are confident for the future – we want to say come and join us.”

The union, founded in 1997, lets people save flexible amounts of money from 50p a week and take out tailored affordable loans. Free life insurance and money management advice is also offered to its 600 members.

Last year Chesterfield Borough and NE Derbyshire District councils agreed a £12,500 loan to the union to meet insufficient reserves and enable development plans to progress.

Karen added: “Certainly credit unions are needed now more than ever because of the current economic situation,

“The whole idea is that everyone should be able to access affordable credit.

“Financial exclusion can mean people turning to doorstep lenders or loan sharks who charge thousands of per cent in interest compared to our 26.8 per cent.”

A new website for the union launches this week at www.cnedcu.co.uk. The credit union is open Tuesday, Wednesday, Friday and Saturday between 10am and 2pm.

The AGM takes place at the African and Caribbean Community Association, Ashgate Road, from 6.30pm on Wednesday March 23. Call (01246) 278833 for more details.

What do you think? Email comment@derbyshiretimes.co.uk.

ellen.beardmore @derbyshiretimes.co.uk.