A CREDIT union is celebrating a milestone.
Bradford District Credit Union has reached the £5 million mark for loans provided to members.
And it has seen 100 per cent growth in the past three years, with the amount held in member savings increasing to £6.5m.
Also it's estimated during that period, members have collectively avoided paying around £3.74m in high interest charges which would have been accrued had they instead turned to doorstep lenders or loan sharks.
Katie Hurrell, Bradford District Credit Union chief executive officer, says: "Reaching £5m in lending and 100 per cent growth over the past three years is a huge milestone, representing thousands of individual stories.
"I’d like to thank our members for choosing to save and borrow with us, our staff for the care and commitment they show, and our partners for championing fair, affordable finance across the district."
For more about the credit union, visit bdcu.co.uk
Share