(Church Times) Join your local credit union, Archbishop and bishops urge

The ledgers of the country’s credit unions enjoyed a boost this week, as dioceses and bishops deposited money, backing up warm words.

In a personal letter that is being sent out to 8000 members of the clergy in mid-November, the Archbishop of Canterbury urges them to support their local credit union: “Our faith in Christ calls us to love the poor and vulnerable with our actions. That is why the Church must be actively involved in supporting the development of real lending alternatives, such as credit unions.”

More than 40 bishops are taking up the call immediately, and at least 11 of them planned to mark International Credit Union Day yesterday by opening accounts.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), CoE Bishops, Consumer/consumer spending, Corporations/Corporate Life, Economy, Personal Finance, Religion & Culture, The Banking System/Sector