Innovative Credit Union partnership helps residents take control
Published by Shoreline for Shoreline Housing Partnership in Housing and also in Communities
Photo (left – right, back row): Shoreline director of operations Helena Kirk, Shoreline tenancy support manager Julian Precious, development manager Christina Letter, Leeds City Credit Union advisor Laura and Shoreline money support assistant Stephen Br
A new financial service will provide an innovative range of products to tenants across North East Lincolnshire with the launch of a new partnership between Shoreline Housing Partnership and Leeds City Credit Union.
Providing straightforward, affordable financial services including bill paying, budgeting and saving accounts as well as low cost loans with fairer rates of interest, the dedicated service will help Shoreline tenants manage their money.
The range of financial products are aimed at those who would otherwise find themselves excluded, providing a professional and accessible alternative to high street banks.
Shoreline chief executive Tony Bramley said: “Welfare reform and the current economic climate are having an impact on many local people. We’re looking forward to working with Leeds City Credit Union to alleviate some of the problems experienced by our tenants in accessing legitimate, low cost financial services.
“Tenants will be able to take better control and management of their money, be it budgeting, paying bills, saving or accessing low cost loans.
“Leeds City Credit Union was chosen following a thorough selection process. As one of the largest Credit Unions in the UK, with some 27,000 members they have a wealth of invaluable knowledge, capacity and experience and will be able to provide a professional and supportive service to our tenants.”
In addition, a dedicated Shoreline money support assistant will help tenants open accounts.