Just CU exceed £10 million lending landmark

17/01/2017

Just Credit Union, the Community Bank for Shropshire and Telford & Wrekin, recently exceeded lending over £10 million to its members.

This record-breaking loan total, which coincides with Just’s 15th anniversary, isn’t their only reason to celebrate. The not-for-profit financial services company has also seen significant year-on-year growth in both savings and loans and an increase in membership to an all-time high of nearly 4,000.

Karen Farrow, Chief Officer for Just, said “We’re delighted to have been able to help so many people by giving them access to over £10 million of affordable, low cost lending. Most of our members spend their loans locally so this circulation of money also helps the local economy.”

“As well as an increase in loans we have also seen a growth in the number of people recognising that Just offers a safe and secure home for their savings which means we continue to have plenty of money to lend.”

“But we wouldn’t have been able to achieve all this without the ongoing support of our members, partner organisations and agencies for which we are extremely grateful.”

Just CU’s continued success has resulted in a 2% dividend being paid to members for the past 6 years.

Saving and borrowing from your local credit union is a great way to support your local community. So if you haven’t already opened an employee payroll deduction account with Just it’s really easy to arrange. Simply download an application form from the intranet, take it to the HR department with proof of your identity and we’ll arrange for Just to open your account. To make a loan enquiry straightaway and get an accurate quotation for the amount you want to borrow please contact Just directly.

To find out more about how Just CU can help you – call 01743 252325 or email info@justcreditunion.org for further details.

Ends

Established in 2001 Just Credit Union Ltd is a local financial co-operative owned by its members and managed for their mutual benefit. In addition to their main branch in Shrewsbury Just operates community branches at a variety of other locations across the county including Dawley, Craven Arms, Ludlow, Market Drayton, Oswestry, Telford Town Centre and Wellington.