14th December: Our Office in Stobhill will be closed for Christmas from noon on Tuesday 19th Dec until 9am on Monday 9th January. Emails to will be monitored over the holiday season.

10th December 2017: As at the end of November, we had:

  • 475 members
  • Total savings of £192,700 with £89,900 out on loan

Over the past three months, we have made 31 loans totalling £36.600

2nd October 2017: Welcome to our refurbished and relaunched website. Do let us know what you think of it! We welcome suggestions for improvements.

1st October 2017: Our loan interest rate increases to 1.25% per calendar month on the outstanding balance (16.1% APR) from today. This is due to the loss of grantfunding from Northumberland CC, but we believe it is still one of the lowest interest rates available for loans up to £3000. Pre-existing loans will continue to be charged at 1% interest per calendar month.