Connecting credit unions and Scotland’s workforce: learning from the Credit Union Consortium

Sponsored by Linda Fabiani MSP
Tuesday 12 March, 6pm-8pm
Fairfax Sommerville Room, the Scottish Parliament

You are invited to join us for Connecting Credit Unions and Scotland’s workforce: learning from the credit union consortium, sponsored by Linda Fabiani MSP, in The Fairfax Sommerville Room at the Scottish Parliament.

With in-work poverty on the rise and 1 in 4 households without any savings, an innovative new partnership of 5 Scottish credit unions is working to help more people in Scotland benefit from credit union membership, including savings opportunities and affordable loans, via their employer.

The Consortium is comprised of 1st Alliance (Ayrshire) Credit Union, Castle Community Bank, East Kilbride Credit Union, Kingdom Community Bank and West Lothian Credit Union. Supported by the Carnegie UK Trust, they are seeking to increase the number of employers offering credit union membership to staff as a workplace benefit. By doing so, employers can support their staff to start saving or borrow affordably in a way which is hassle-free, directly from their wages. Staff can be supported to get and stay on top of their finances, reducing money-related stress, and contributing to higher levels of employee engagement, retention and productivity in the workplace.

At this event the Credit Union Consortium will share progress and learning from the pilot so far, and lead a debate on how we can work together to deliver more affordable credit to more people in Scotland.

The event will open with networking and refreshments. Prior to attending the event please contact the event organiser if you have any specific dietary or access requirements or if you require personal assistance in the event of an evacuation.