Calderdale Credit Union is offering new and improved facilities to enable more people to make use of its services and better manage their finances.
The credit union’s Halifax branch has just moved into new premises and the Todmorden office will be extending its opening hours.
From Thursday, January 2, the Todmorden branch, based at Central Methodist Church in Bramsche Square, will be open on Wednesday and Thursday from 9.30am until 1.30pm and on Friday from 9.30am until 3pm.
Frances Burns, who chairs the board of directors, said: “Now, more than ever, there is a real need for credit unions as a not-for-profit alternative to banks and payday lenders.
“We know that Thursday is a busy time in Todmorden because of the market so the change in days and extra hours will help more people to make use of the service.”
Calderdale Credit Union was formed ten years ago from the merger of five credit unions across the borough, including one in Todmorden.
It is a not-for-profit financial co-operative which is managed by a voluntary board of directors and a small number of staff.
Money invested in the credit union is used locally and ethically to provide affordable loans to people across Calderdale, with any profits returned to savers in the form of a dividend.
Director June Turner said the credit union offers an alternative to payday lenders.
“A lot of people are in trouble with payday lenders,” she said.
“They tempt people in and people get sucked into even bigger problems because it becomes completely unmanageable.
“The credit union can really play an important role for people who are sliding into debt by helping them sort out their finances.
“It has the potential of being a really important force in the community, supporting people and keeping it local.”
The credit union is open to people living in Calderdale. For more information, call 01706 818975.