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Sanctuary residents in Toxteth watch their money grow

1 December 2015
Sanctuary Housing residents in Toxteth are able to access financial services from the Lodge Lane & District Credit Union at Granby Children’s Centre.

Families in an area of Liverpool are seeing their savings grow thanks to a new banking service which has been funded by Sanctuary Housing.

Sanctuary has supported the Lodge Lane & District Credit Union at Granby

More than 40 Sanctuary residents in the Lodge Lane and Parliament Street areas have become members of the Lodge Lane & District Credit Union which is based at Granby Children’s Centre.

Sanctuary has funded the Credit Union at Granby Children’s Centre

The leading housing provider has contributed £1,200 to help set up the service which provides safe and affordable financial services to the community, particularly those who are unable to access mainstream banking products.

Graham Nolan, Sanctuary’s head of neighbourhood partnerships, said: “We aim to ensure that residents have access to the financial services and products which are needed to participate in modern society and this programme is doing just that. It’s fantastic to see families gaining help and advice to manage their finances, as well as seeing the children learning about the value of money from an early age. This is another example of a strong partnership approach in the L8 area of Liverpool, investing in programmes, which address the needs of local residents.”

Jane Macmillan, Family Link Worker at Granby Children’s Centre, added: “Having the credit union present here in the children’s centre gives our families a great opportunity to take advantage of the many services the credit union offer, from savings accounts, budgeting, loans, helping them achieve economic well-being, teaching their children the benefits of saving and money management.”

David Buttle, Manager of Lodge Lane & District Credit Union, said: “We are pleased to have the opportunity now to re-establish the link with Kingsley Community School and to provide new services for the Granby Children’s Centre and also Sanctuary residents.”

Lodge Lane and District Credit Union is owned and run by its members for their mutual benefit. For more details please visit: http://www.lodgelanecu.org.uk/home