PENRITH and the Border MP Rory Stewart has made a personal deposit into a scheme designed to encourage regular saving.
Mr Stewart met staff from the EdenSave Credit Union, where he found out about the membership-based savings and loan group catering for Eden’s residents.
The union was launched in October 2013 and has deposits totalling in excess of £150,000.
“EdenSave Credit Union fulfils a really important function in our community, where we are increasingly hearing that people are finding it difficult to access loans via conventional banks,” said Mr Stewart. “More crucially, it is local money being invested and spent locally.”
Staffed by volunteers, EdenSave has opened offices at Alston, Appleby, Kirkby Stephen and Penrith. See www.edensave.com
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here