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Registered with the Registrar of Friendly Societies (No. 355C) under the Industrial & Providential Societies Act 1965.
Scroll to view text on this page. What is a Credit Union Locally
based Protected by
law Fully
registered Supported by
people you know and trust Totally
confidential Easy saving
scheme Cheapest loans
possible Fully
insured Controlled by
its members Fully trained
staff To contact us email Andrew Breese: sdcu@btinternet.com The word 'CREDIT' in its original meaning refers to 'TRUST' and the word ' UNION ' simply a coming together for a common purpose. At its heart is the theme of mutual self help. "From
small acorns......"
A Credit Union
is a not for - profit organisation, democratically
owned and controlled by its members, based on one
person one vote, no matter how much you have in
savings. In 1849 in
Germany and have since spread to the four corners
of the world. They are now the most common form of
saving and borrowing in Ireland and South
America. Stainforth is an old mining community - until recently the Pit dominated the "village". With the collapse of the coal mining industry from the1980s came severe local unemployment problems. The efforts of local people to regenerate their local community have done much to "turn the area round", so that it is now a relatively thriving place where most local people live in improved housing. 
The "Pit" at Stainforth
Improved housing in Stainforth - the result of the Stainforth Development Initiative last update 17 July 00 |
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Prepared by STEP on behalf of DTA - Yorkshire and Humberside Region |
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