Tag: credit unions

Bishop of Southwark welcomes demise of Wonga and praises work of credit unions

On 6th September 2018 Lord Haskel asked Her Majesty’s Government “what assessment they have made of demand for debt advice services; and what steps they are taking to reduce the level of household debt.” The Bishop of Southwark, Rt Revd Christopher Chessun, asked a follow-up question:

The Lord Bishop of Southwark: My Lords, with the demise of Wonga, which I hope the Minister will want to join me in welcoming, does he wish to take this opportunity to endorse the work of the many credit unions which are a channel for such sound advice? Continue reading “Bishop of Southwark welcomes demise of Wonga and praises work of credit unions”

Bishop of Chester highlights importance of credit unions and financial education

On 12th July 2018 Lord Leigh of Hurley led a debate in the House of Lords on the motion, “That this House takes note of the measures being taken to promote personal savings and the role they can play in building a stronger and fairer economy.” The Bishop of Chester, Rt Revd Peter Forster, spoke in the debate:

The Lord Bishop of Chester: My Lords, on behalf of the House, I thank the noble Lord, Lord Lilley, for his splendid maiden speech and look forward to many contributions from him in future. He mentioned the kingdom of Mercia; Chester was the northern outpost of that kingdom, so I look forward to collaboration with the noble Lord, as we do collaborate on a think tank concerned with energy and climate policy. Continue reading “Bishop of Chester highlights importance of credit unions and financial education”

Church Commissioners – Clergy Credit Unions

spelman-190117On 1st March 2017 the Second Church Estates Commissioner, Rt Hon Dame Caroline Spelman MP, answered a written question from Mark Hendrick MP on the Churches Mutual Credit Union.

Churches: Credit Unions

Mr Mark Hendrick (Preston): To ask the right hon. Member for Meriden, representing the Church Commissioners, what plans the Churches Mutual Credit Union (CMCU) has to allow members of religious denominations other than the Church of England and the Catholic churches to become members of the CMCU. (64096) Continue reading “Church Commissioners – Clergy Credit Unions”

Church Commissioners Written Question: Churches – Credit Unions

CarolineOn the 26th May 2016 the Second Church Estates Commissioner. Mrs Caroline Spelman MP answered a written question to the Church Commissioners about the Church of England’s engagement with credit unions.

Continue reading “Church Commissioners Written Question: Churches – Credit Unions”

Bishop of Durham highlights importance of Credit Unions

Bp Durham June 2015 bOn 11th April 2016, Lord Holmes of Richmond asked Her Majesty’s Government “what steps they are intending to take to address the issue of the unbanked and underbanked in the United Kingdom.” Lord Ashton of Hyde responded. The Bishop of Durham, the Rt Revd Paul Butler, asked a follow up question. Continue reading “Bishop of Durham highlights importance of Credit Unions”

Bishop of St Albans praises work of credit unions in schools

On 17th March 2016  Lord Young of Cookham asked Her Majesty’s Government, “following their announcement concerning the Help to Save scheme, how many people in work and receiving either Working Tax Credit or Universal Credit are expected to benefit from that scheme.” The Bishop of St Albans, Rt Revd Alan Smith, asked a follow up question:

Bishop St Albans June 2015The Lord Bishop of St Albans: My Lords, will the Minister affirm the importance, in addition to the Help to Save scheme, of the increasing number of credit unions which routinely go into schools to try and create a culture of saving from the very earliest age, to address the endemic problem of a presupposition of debt? Continue reading “Bishop of St Albans praises work of credit unions in schools”

Update on the work of the Church in promoting credit unions – written answer

On 28th October 2015 the Second Church Estates Commissioner, Rt Hon Caroline Spelman MP, answered a written question from Gareth Thomas, MP for Harrow West, on the church’s work in promoting credit unions.

Gareth Thomas: To ask the right hon. Member for Meriden, representing the Church Commissioners, what steps the Church Commissioners are taking to promote the use of credit unions in the work of the Church of England; and if she will make a statement.

Caroline SpelmanMrs Caroline Spelman: The Church of England’s work in support of credit unions has been led by the Archbishop of Canterbury’s Task Group on Responsible Credit and Savings, chaired by Sir Hector Sants.

Nationally, the Task Group has developed a number of strategic, church-led initiatives, including matching the resources of local churches with the diverse needs of local credit unions through the Church Credit Champions Network. To date, the pilot scheme has engaged over 200 churches, trained 150 Credit Champions and is on target to bring in 3,000+ new credit union members across London, Southwark and Liverpool dioceses, with plans to roll out to 30 more dioceses from next year. Continue reading “Update on the work of the Church in promoting credit unions – written answer”