Diocese of Rochester partners local Credit Unions to help couples save

Vicars in the Diocese of Rochester are to offer financial planning support to couples as they plan their weddings.

Rev Canon Jean Kerr said, “Credit Unions are for everyone. Simply put, credit unions are community savings and loans providers. The idea is that members mutually benefit as there’s no profit for third-party shareholders. For some, they can be a welcome alternative to payday loans or doorstep lending but they are open to all and the more people that join in, the more successful they will be. Vicars in the Diocese of Rochester will help couples to join their local credit union if that is something that may help them with their saving for the big day.” 

The Diocese of Rochester has partnered with Kent Savers, Medway Credit Union and Greenwich and Bexley Credit Union to offer a free voucher to couples planning their weddings who would like to start saving with a credit union.  If borrowing for the wedding is necessary, a low cost credit union loan will be more affordable than other, higher interest loans. 

The Rt Rev James Langstaff, Bishop of Rochester said, “It is always a privilage to be a part of the celebration of marriage and we want to help and support couples as they plan.  I’m particularly pleased to be able to raise awareness of credit unions, because they are important in helping to build a community and counter financial exclusion.”

Couples interested in knowing more about how credit unions could help them with planning the finances around their wedding should cntact their local Church of England Vicar. If they are not sure how to find their local vicar, they can visit www.achurchnearyou.com

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