THURROCK Council’s Labour members have welcomed the launch of a new Credit Union in the borough.
“It’s been a long time coming, but it’s really welcome,” said Cllr Carl Morris, the party’s prospective Parliamentary candidate for Thurrock.
He said that all councillors had been briefed on the news on Friday, 12th February and that it said: “Essex Savers, a Credit Union based in Chelmsford, has received approval from the Financial Services Authority (FSA) to extend its ‘common bond’ area to all people working and living in Thurrock.”
Cllr Morris said: “This is really very good news. I want to thank Natalie Warren for all the she has done to bring a Credit Union to Thurrock.
”I and several members of the Labour group on the council were members of the old Thurrock Credit Union, the late Cllr David Scully was such a great champion of.
“Credit Unions allow the people hardest hit by the economic situation a simple and safe way of managing their finances.
“They are run as co-operatives, by their members, and offer many of the services that you usually have to go cap in hand to a High Street bank for.”
He added: “Thurrock residents will be able to apply to become a member by completing a form and agreeing to pay £4 membership with a minimum of £1 to open an account.”
Cllr Morris is now calling on people to join up so a group of local volunteers can help promote the union. It will need a seed group of volunteers to get it going so if you’re interested, do something about it. I’ll be joining up to support it.
In the first instance, for more information about Essex Savers in Thurrock contact Natalie Warren, Community Development Manager at Thurrock Council at firstname.lastname@example.org or by calling 01375 413954.