CREDIT UNION SERVICES

Motion Text

That this House supports the establishment and development of universal credit union (alternative banking) services available throughout the UK; commends these organisations for filling the gaps in provision due to bank closures, poverty, indebtedness or lack of mobility; supports the role of these services for the financially secure whose participation is needed to ensure their long term sustainability; and calls on the Government to make a commitment to supporting credit union services throughout their initial establishment and growth periods to ensure that they form part of social enterprise in each community.