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Islwyn Credit Union celebrates 20 years this month

News | Richard Gurner | Published: 13:00, Friday November 23rd, 2018.

Islwyn Credit Union’s team of volunteers
Islwyn Credit Union’s team of volunteers

A credit union is celebrating 20 years of helping to serve its community.

Islwyn Credit Union, based in Wesley Road car park, Blackwood, began offering affordable and practical financial services two decades ago and in that time has lent more than £2.8 million through 3,700 loans.

Started by Judith Morgans and Marie Walsh from an office on Blackwood’s High Street, the organisation, which is mainly run by volunteers, now has 814 members.

As well as providing affordable loans, the credit union helps people look after their money better by offering practical advice and saving facilities.

Blackwood councillor Nigel Dix, who is a volunteer director, said: “The credit union is there for everyone. Our purpose is to ensure that people can access affordable loans and encourage saving.

“Our work is made possible by our dedicated staff and volunteers whose support and work enables the credit union to flourish and meet the needs of our members.

“As a Director of Islwyn Credit Union I would like to thank our staff, volunteers, our members and our board of directors for their support and dedication , which has been vital to our success.

“Credit Unions play a vital and growing role in our communities.”

• For more information about Islwyn Credit Union’s services, or if you are interested in volunteering, email info@islwyncu.co.uk.

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