News
20th October 2011
The Legislative Reform (Industrial and Provident Societies and Credit Unions Order 2011) has been re-laid before Parliament, and was approved by the Commons Committee on 19/10/2011.
It proposes a number of changes to the Credit Unions Act 1979, including allowing credit unions to provide services to community groups, attract investment from local businesses and extend services to new groups of people who could benefit from access to safe, responsible and affordable credit. Credit unions will also be able to pay interest on savings, instead of a dividend.
18th October 2011
In September and October Access Points were launched at the following locations
- Alford and District Community Bank, 47 West Street, Alford, LN1 9EZ
- The Community Room, 34 Strait Bargate, Boston, PE21 8NL
- Holy Trinity Church, Trinity Centre, Eastgate, Louth, LN11 8DJ
- St. Paul's Church, 65 Holbeach Road, Spalding, PE11 2HY
In these venues we are working within local partnerships to facilitate access to credit union services across the county. Our local volunteers give freely of their time and skills to help make a difference. Our thanks go to all who have made this possible. LincUp really is a community business.
We are members of the Financial Services Compensation Scheme , The Financial Ombudsman Service and ABCUL
Registered Company Number: IP00659C Registered Office, 18 High Street, Lincoln, Lincolnshire, LN5 8BE