Second credit union boost for borrowers
PEOPLE living in Carmarthen can now open a credit union account, though final details about its venue or an official opening date are yet to be confirmed.
Yesterday, CAVS (Carmarthen Association of Voluntary Services), held a public meeting in partnership with Carmarthenshire Council's community regeneration team, in a bid to formally set up the town's first credit union, following in the footsteps of nearby Llanelli.
The facility, which will differ from mainstream banks, sharing profits among members and keeping them in the community, will be run by Credcer, formerly West Wales Credit Union.
Those running and supporting the scheme are still keen on getting volunteers on board and customers for the new venture.
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Roxanne Treacey, of rural development plan (RDP) Sir Gar, which is supporting the project, said: "There is no official date set at the moment for the opening of the paypoint outlet, but if anyone wants to register now and open an account with Credcer they can.
"Similarly, a venue remains unconfirmed, but they are looking to open one in central Carmarthen, followed by outreach services in places such as Dryslwyn, Brechfa and Llandovery."
Ms Treacey said RDP Sir Gar project officers Moishe Merry and Jon Hancock, who have already "worked extensively" to bring the facility to the town, would be supporting the project and were calling on volunteers.
"Volunteers will definitely be needed – both as ambassadors for Credcer and to help with the general running of the credit union, handling money, administering forms and so on.
"The credit union benefits Carmarthenshire as it will strengthen the sense of community and tackle social inclusion.
"Credit unions are essentially like-minded individuals supporting each other within their community."
Anyone wanting to volunteer or open an account can phone 01239 621408 or email firstname.lastname@example.org.