Greater Manchester credit unions’ merger will improve access to financial services
Manchester Credit Union (MCU) and Bolton-based Hoot Savings & Loans have merged in a deal that they say will improve access to affordable financial services across the North West.
Both credit unions are member-owned and not-for-profit, providing a wide range of savings accounts and affordable loan products to those typically under-served by mainstream banks.
Formally referred to as a transfer of engagement, the deal has been approved by the Financial Conduct Authority (FCA) and sees Hoot's members brought under the Manches... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
