August postal newsletter

Page 1


DearMember

IwouldliketopersonallythankyouforsupportingDarlingtonCreditUnion. Asamemberofourcommunityyouarehelpingustogrowourbusinessand supportmorepeopleinneedofourservices.Theonlyreasonwearehereis toservetheneedsofourmembersandCreditUnionsstandapartfromother financialservicesfirmsthroughourfourstatutoryobjectives:

Promotionofthrift

Creatingasourceofcreditatfairandaffordableratesofinterest

Useofmembers’savingsfortheirmutualbenefit

Educatingmembersinthewiseuseofmoney

AtourAGMinApril2024ItookoverthereinsasChiefExecutiveandspokeof howIamdeterminedtobreakthetabooofdiscussingfinancialmatters.We can’tsolveeveryone’sfinancialproblemsbutwecanofferanon-judgmental, compassionateandsafeplacetostarttheconversation.Weareheretohelp butitoftentakesarecommendationfromfriendsorfamilyforpeopleto hearaboutus;Ihopethatyouwillcontinuetohelpustospreadtheword. MembershipofCreditUnionsintheUKsurpassed1.5millionforthefirsttime in2023,anincreaseof5.7%on2022.Therewillbemanyfactorsdrivingthis growthbutIamcertai th t li t ith valuesisatitsheart. Ihopethatyouenjoy vereceiveditinthis formatasyouarecurr ketingbypost.Ifyou wouldliketoreceiveu pleasegetintouchto updateyourcontactp

Bestwishes

Let’scatchupwithwhatDarlingtonCreditUnionhavebeen up-to...

We’vebeenactivelyengagingwithourcommunity,bringingourservices directly to both members and non-members. Darlington Credit Union recentlyparticipatedinseveralDarlingtonBoroughCouncilevents,raising awarenessofthevaluableservicesweprovide.We’vealsoexpandedour outreachintoRichmond,NorthYorkshire,wepartneredwiththeMilitary WAGSChoirtostrengthenourcommunitytiesattheircoffeemorning.

Additionally,ourvisitstopayrollpartnershaveallowedustoconnectwith employeesofourpartnerorganisations,makingiteasierforthemtosave andborrowethicallywithDarlingtonCreditUnion.

In2024,totalsavingsheldbyourmembersisover£4million

Ourbankinghallhasalsoseensomerecentdevelopments...

In2024,weintroducedpop-upstallsinourbankinghalltocreateandfostera unique and supportive environment for members, non-members, organizations, and business owners alike. Looking ahead, we plan to host monthly pop-up collaborations, with even some of our own members’ independentbusinessesjoiningin.Sofar,we’vewelcomedNECCAgambling support,independentbusinesses,AgeUK/CafeRefresh,DarlingtonBorough CouncilACCESS,andmore!

We’vealsobrightenedupourbankinghallwithaspecialplantdelivery,adding atouchofnaturetothespace.

Ifyouorsomeoneyouknowwouldbeinterestedinhostingapop-upstall, pleasereachoutbyphoneoremail.Thesestallsarefreetosetupandoffera fantasticopportunitytoconnectwithnewpeople.

communityaccounts

ethicallending withDCU

Flexibleandefficientborrowingoptionsavailablefrom personal,top-up,andguarantorLoans.

WhychooseDCU?

Personal

Personalserviceisat theheartofour organisation;wewill alwaysassess applicationsonan individualbasislikeit shouldbe-byhumans, notbycomputers.

Reachyourgoals

Webelieveinsavingas yourepay.Withour saveasyouborrow agreement,youcan useyoursavingsto payyourloanoffearly, orkeepthemsafefor later.

Flexible

Choosetorepay weekly,fortnightly, ormonthly...and thereisnofeefor earlyrepayments! Useouronlineloan calculatortosee yourborrowing options.

Sofarin2024, wehavehelped 744peoplewith loanstotalling over£600,000.

Openforyourchildorgrandchild,toaccessflexiblesavings,depositanyamountat anytime,uptoamaximumof£50,000.

Instantaccess.Payinandwithdrawwheneveryouwanttoviaonlineandmobile bankingorin-branch.

Annualdividend-ifwemakeasurplusthisisreturnedtoourmembersbyadividend. OuryoungsaverswouldreceiveaninterestpaymentdecidedatourAGM.

Didyouknowwehaveteencardsforages11-17?Soyoucancarryonsaving, withdrawing,andspending!It'ssosimplewithamonthlyfeeof£3–nohiddenfeesor charges.

Yourmoneyissafewithus.WeareregulatedbytheFCAandauthorisedbythePRA. Depositsofupto£85,000areprotectedundertheFinancialServicesCompensation Scheme.FullT&C’savailableonourwebsite.

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