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Happy International Credit Union Day!

It’s International Credit Union Day! Today’s the day we celebrate the spirit of the global credit union movement. We also had another reason to celebrate; it was the 70th Anniversary of International Credit Union Day! This year, we thought of a great way to celebrate the good that credit unions around the world are doing; by hearing what our members have to say (yes, you). We asked you to send in some stories of how the credit union has helped you. From the responses, we’ve picked a few of our favourites:

“I needed a month’s rent in advance, in order to move. Luckily I was able to get a loan through credit union using my child benefit. Without this, myself and my children would never have been able to move into our lovely new home.”

“I have been able to take my girls for a holiday due to the little savings I have managed to put aside over the years. I do not think it would have been possible otherwise. I am proud to be a member. I would recommend CU any day.”

“It’s been a great way of saving just a little bit every month, with a standing order. And the credit union are great at just transferring what I need from those savings straight into my bank account – all it takes is a quick email! Great service helping with my cash flow and putting money aside for a rainy day.”

“I have managed to save little by little which I wouldn’t have been able to do with a regular savings account.”

“Would have never saved if it were not for the credit union. Loans are good and interest rate reasonable”

“Very quick and simple service. Highly recommended to others”

“Fantastic service, both with savings and loans”

Hearing some of these stories remind us of why we do what we do. Whether you just joined or have been with us from the beginning, thank you for being a member of Oxfordshire Credit Union. Here’s to another 70 years!

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Join Our Board of Directors

We are looking for driven, enthusiastic and innovative people to join our voluntary Board of Directors. The Directors can make a real difference to the sustainable growth and success of Oxfordshire Credit Union. This growth means we can help more people by providing ethical, responsible, affordable loans and safe savings plans.

We’re looking for up to four new Directors, ideally with knowledge and experience of personal financial services. We’re also keen to hear from anyone who has particular experience in the following areas:

  • business development
  • product marketing and promotions
  • charity / social enterprise role

We’re proud of the growth we’ve achieved in only 12 years, providing services to people who live or work in the Oxfordshire area.

With a new team in place, we are enthusiastic and optimistic about embarking on a new growth phase.

Our services are more vital than ever; levels of problem debt and persistent use of high-interest payday loans are increasing dramatically across Oxfordshire. By volunteering your knowledge, your skills and experience, you could help us become the most prominent and reputable “go-to” social lender in the region.

Oxfordshire Credit Union values diversity and promotes equality. We encourage and welcome applications from people of all backgrounds.

The Deadline for applications is 15th September 2018.

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Could YOU be the new Chair of the Board of Directors?

Oxfordshire Credit Union is currently on the lookout for a new chair of the Board of Directors. If you see yourself as a strong leader with excellent inter-personal and relationship building skills, then send us an updated copy of your CV: info@oxfordshirecreditunion.co.uk. Please include a short paragraph in your email too explaining why you think you’d be perfect for the role.

To view the full advert for Chair of the Board of Directors, please click here.

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We’re now members of OCVA!

Oxfordshire Credit Union are now officially members of Oxfordshire Community and Voluntary Action (OCVA)! To find out more about them, click the image below to check out their website.

OCVA Member Logo

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Our Financial Results

Our coming board meeting on Tuesday 6th will look at our financial results. The accounts have received a clear audit from our external auditors; Appleby and Wood. At the end of our financial year on 30th September 2017, we had generated an £11,068 surplus on the year. Our loans to members was £338,341, up 20% on the year before. Our total members’ share capital stood at £583,913 at the same date.

This has been achieved with a volunteer board and some very hard working staff. To view the full document, click here: Oxfordshire Credit Union signed Accounts 30.09.17

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