Credit Union to hand our free money to mark 10th anniversary - The Rugby Observer

Credit Union to hand our free money to mark 10th anniversary

Rugby Editorial 12th Jun, 2014 Updated: 27th Oct, 2016   0

FREE money is being handed out to mark the 10th anniversary of Rugby Credit Union.

The giveaway is part of the celebration of the organisation that has approved low-cost loans of nearly £750,000 since forming in 2004 with funds available to take its lending this year to £1m.

On Friday, June 20 there will be a stand in the Clock Towers and the first 50 people who open an account will have £5 added to their balance.

And on Monday, June 23 new Mayor Ramesh Srivastava will cut a cake at the Credit Union’s headquarters on Little Church Street.

A year ago the Archbishop of Canterbury Justin Welby – a former vicar in Souham – called on people to put their money into credit unions after pledging to put then under fire pay-day loan firms out of business.

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