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Cash£ields
Credit Union is supervised by and registered with the Financial
Services Authority in exactly the same way as any High Street
bank. It covers the whole of the Ashfield area, including
Linby, Papplewick and Newstead. Currently there are Collection
Points in Hucknall, Kirkby and Stanton Hill, and in the near
future should also be established in Sutton.
Members
make savings, large or small, each week and after 12 weeks
savers become eligible to take out a loan. Initial loans are
limited to £300, dependant on shares held in the credit
union, and loans are repaid along with savings over an agreed
period.
Hopefully
in the future further financial services will be offered to
the community, but this all depends on the recruitment of
more members and some of those members being willing to join
those who currently manage the Credit Union.
Anyone
interested in joining or wanting to know more should call
at a Collection Point or alternatively contact the office
at 3a Vine Terrace (Under One Roof).
Click
here to visit the Cash£ields website for contact
details or more information.
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