A church has teamed up with Bedford Credit Union to make it easier for people to save money and take out low-cost loans.
The Bishop of Bedford, The Right Reverend Richard Atkinson opened the new union branch at St Mary’s Church Community Centre in Brickhill on Monday.
Church volunteers have been given training so that they can sign people up to the union and receive account payments.
The Bishop said: “Our church supports credit unions in our community, they are owned by their members, not for profit, and they offer a vital alternative to high interest loans.”
The branch is open from 9am to 5pm every weekday.
Chairman of Bedford Credit Union Colin Bolster said: “This is a great example of how different organisations can work together for the benefit of our local community and we very much hope that this initiative will be a great success.”
The credit union is a not-for-profit organisation owned and run by its members, providing savings facilities and low-cost loans.
To find out about volunteering for the credit union visit the Bedford office in St Paul’s Square or call 01234 346352.