Credit Union opens at DIAL in Great Yarmouth
13th January 2018
Norfolk Save & Borrow (operated by Norwich Credit Union) is delighted to announce a new service point at DIAL, 26 King Street, Great Yarmouth, NR30 2NZ
Councillor Kerry Robinson Payne, Mayor of Great Yarmouth, will officially launch the new DIAL service at 3pm on Friday 19 January. The event will be an opportunity to find out more about how credit unions work, meet the frontline team and join up as a member.
Thanks to a grant from the Big Lottery Fund – Awards for All, and working in partnership with DIAL, the credit union service will initially operate every Monday, 2–4.30pm, from 22 January
“We’re thrilled to have this opportunity to make credit union membership more accessible in the Great Yarmouth area” says Jon Warne, President of Norwich Credit Union, which operates Norfolk Save & Borrow. “Credit unions encourage members to save for a rainy day and only borrow what they can afford to safely repay. There are great additional perks to credit union membership, such as free life insurance for most members and access to low-cost loans, with no hidden fees. For convenience, we also offer handy payment cards and pre-loaded cash cards, as well as a face-to-face service”
Jo Howes, Project Manager, DIAL, added: “With the roll-out of Universal Credit, we’ve already seen there is a great demand for this sort of financial service locally, and we’ve had lots of interest building in the last few weeks. We are still looking for more volunteers, so please get in touch if you would like to help out”
Depending on more volunteers coming forward, the team intend to add weekly Wednesday opening, 10.30am–1.00pm, in future
The DIAL service point is Norfolk Save & Borrow’s second in Great Yarmouth. A Friday morning service was launched in March 2016, and operates every week from the Neighbourhood Centre at 135 King Street, 10.30am-12.30pm
Membership of Norfolk Save & Borrow costs £1 (free for juniors) and a £1 annual administration fee thereafter. Prospective members can join online but will also need to bring two forms of ID (one with a picture if possible) with them to the service point, to prove their identity and current address
For more information, call Margaret Goodyear at Norfolk Save & Borrow (01603 764904 / 07504 433758) or Jo Howes at DIAL (01493 856900 / 07864 09546), email office@norwichcreditunion.org.uk or visit www.norfolksaveandborrow.org.uk
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