Just Credit Union's work with school gains national recognition


The Illegal Money Lending Team has recognised the ‘fantastic work’ that Just Credit Union has undertaken in partnership with Holmer Lake Primary School over the last 12 months.

Just Credit Union worked closely with the primary school to encourage saving, increase financial knowledge and raise awareness of both credit unions and the danger of loan sharks in the local community.

The Illegal Money Lending Team received their highest number of applications for their national awards this year. As well as the quantity the quality of nominations was of an exceptionally high standard with a broad array of community projects being delivered. Following a review of all the applications by the judging panel the Just Credit Union and Holmer Lake School project was voted the national winner.

The award was presented by Cath Williams of the IMLT during a surprise assembly at the school. Telford’s Mayor Stephen Reynolds and Councillor Jackie Loveridge attended the assembly to recognise Just Credit Union’s achievement and the hard work of the primary school’s pupils.

Steve Barras, Business Development Manager of Just Credit Union, said “We have a long-standing relationship with the Illegal Money Lending Team, working in schools and communities to raise awareness.

“Holmer Lake Primary have been a pleasure to work with and it was fantastic to see the reaction of the school when they heard they had won a national award.”

The school, which introduced a Just Credit Union Junior Savings bank run by the pupils, ran an entire fortnight utilising the Illegal Money Lending Team’s education resources with all lessons focusing on money management and also helped raise awareness of credit unions in the community.

Karen Farrow, Just’s Chief Officer, said “The IMLT mascot Sid the Shark has visited the school several times which definitely sparked the children’s imagination. As well as learning important lessons about money the pupils have helped raise awareness of credit unions and the danger of less ethical borrowing. Banners designed by the pupils are on display at the school, the local community centre and in the Council’s main building in the town centre.”

“We view working in partnership with schools and other community groups as a vital element of what we do as a credit union and we are delighted to have received national recognition.” Karen added.

Not only did both the school and the credit union receive a trophy they also received a cheque for £3,000. The school are intending to consult with the pupils to decide on the best use of the money which had been confiscated by the IMLT from prosecuted loan sharks.