Millom & District Credit Union Ltd
Millom & District Credit Union Ltd is a self-help savings and loans co-operative which was set up in response to members in the local community identifying a need to address the problem of high cost of borrowing money.
The credit union is unique among financial organisations in that it is owned and run by its members and provides an alternative and accessible means of banking.
The banking system promoted by the union actively encourages members to add to their savings, at the same time as paying off their loan. This enables some members to have savings for the first time in their lives. This encourages good money management and however small the amounts of savings may be; the discipline of regular savings makes the balance increase.
The promoter of this Unity Lottery is Teresa E Fitzwilliam, Millom & District Credit Union Ltd, 3 Market Square, Millom, Cumbria, LA18 4HZ
Registered with Copeland Borough Council - Registration Number 105 / 07
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