Borough’s Credit Union supported by The Berkshire Community Foundation

The Lib Dem initiative to bring a Credit Union to Windsor and Maidenhead has gone from strength to strength.

In the current recession increasing numbers of people are facing financial difficulties. For many people living or working in the Borough, their real standard of living is falling as a result of current wage and benefit freezes and rising prices.

Community Savings and Loans (CSL), provides affordable loans to those who may find it difficult to get support from the high street providers because of low income or limited assets.

The Berkshire Community Foundation (BCF) has recognised the work being done by CSL by awarding a grant to help raise awareness of the services available.

“We have been described as Berkshires best kept secret; with the valuable support of BCF we can increase our visibility with the people we are trying to reach. If we are going to help people avoid the clutches of doorstep lenders, loan sharks and high cost providers we need to get our message across before it is too late and this funding will help us make a difference.” Said Jim Coghill, Charman of CSL.

Andrew Middleton, Chief Executive, Berkshire Community Foundation, said “We are delighted to support this very important project. Whilst we are perceived as an affluent county, many people are struggling in these difficult economic times which makes this project even more essential.”

Borough’s Credit Union supported by The Berkshire Community Foundation

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