1. Blackpool, Fylde & Wyre Credit Union Update December 2010

2. The Credit Union Local financial co-operative Not-for-profit “live or work” common bond Launched Feb 2009 FSA Registered and authorised Member of FSCS Operating from the Town Hall

3. What do we do? Savings accounts Christmas savings Share based loans Growth Fund loans Energy saving loans Free life cover on savings and loans No fees or penalties.

4. Where we are now Almost 1400 people joined Savings over £300,000 Over £525,000 of loans granted £230,000 of Growth Fund loans Saved over £125,000 in interest over doorstep lenders

5. Current position Now the sole social lender covering those who live or work on the Fylde Coast Lead agency for “Count me in”, A Financial Inclusion Strategy for Blackpool

6. Achievements Expanded partnership to include; NHS Blackpool, Fylde Council, Wyre Council, New Progress Housing, Regenda Housing Group, Fylde Coast YMCA Secured Contracts with DWP, Climate Foundation and Wyre Housing. Integrated lottery-funded Wysemoney Project

7. Priorities Uncertainty of future funding Becoming self-sustaining Continued growth in saving and borrowing members.

8. Questions Mike Barry 01253 478911 Mike.barry@blackpool.gov.uk