Tel: 01743 252325

21 September 2017
News

Recommend a Friend

We know our members recommend us to their friends and family, we want to show our appreciation by offering £5.

Terms & Conditions

There is no limit to the number of friends and family an individual can recommend to join – just as long as they’re not already an existing member

Ask your friend’s permission first. Then call us on 01743 252325 or email info@justcreditunion.org with your name and membership number and your friend’s contact details.

As soon as we have processed the application and your friend’s account is open we will deposit £5 in your savings. Once your friend has saved with us for 3 months* we will deposit a further £5 into your friend’s account.

*Your friend must have saved a minimum of £60 over the first 3 months for your friend to claim their £5 reward

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New Article

Phones Not Working

Unfortunately our phone system is not working this morning. We are working on it and hope to be up and running as soon as possible. In the meantime we can be contacted on info@justcreditunion.org or 07857272475.


We apologise for any inconvenience.   




We Are Moving

From Thursday 3rd September we will be operating from –

Shropshire Council Hub

1A Castlegates

Shrewsbury

SY1 2AQ

We are two minutes walk from the Railway Station and the Bus Station.

The nearest public carparks are at Frankwell and Raven Meadows


Credit Union Facts and Figures to January 2013

Just Credit Union Facts and Figures to 31st January 2013

Amount lent to members since 2001 has now reached £5.1 million

Monthly details summary end of January 2013

Number of active members - 2,535

Number of Junior Savers - 223

Number of members with loans - 1,428

Total of share deposits (savings) - £831,636

Total amount out on loan - £894,789

Total amount lent to members since 2001 - £5,096,548

New members in January 33

Growth of membership 2012/13 - 190

Growth of membership since 1st October 2012 (new financial year) is 190

 

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ently being updated. Please return soon for more information.


Credit Union Details November 2012

Just Credit Union Facts and Figures to 30th November 2012

Amount lent to members since 2001 has now reached £4.9 million.

Monthly details summary end of November 2012 -

Number of active members - 2,494

Number of Junior Savers - 223

Number of members with loans - 1,345

Total of share deposits (savings) - £720,110

Total amount out on loan - £846,956

Total amount lent to members since 2001 - £4,924,179

New members in November - 79

Growth of membership 2012/13 - 144

Growth of membership since 1st October 2012 (new financial year) is 144

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Monthly Details to 31st October 2012

Just Credit Union Facts and Figures to 31st October 2012

Amount lent to members since 2001 has now reached £4.8 million.

Monthly details summary end of October 2012 -

Number of active members - 2,380

Number of Junior Savers - 219

Number of members with loans - 1,312

Total of share deposits (savings) - £738,792

Total amount out on loan - £770,266

Total amount lent to members since 2001 - £4,847,978

New members in October 72

Growth of membership 2011/2012 was 412

Growth of membership in October 2012 (new financial year) is 72

 


International Credit Union Day

Towards the end of the International Year of Co-operatives, Dame Pauline Green, President of the International Co-operative Alliance also addressed the UN General Assembly and emphasised the important role co-operatives play in global sustainable development and financial stability: In these economic hard times when financial institutions are failing, credit unions and banking co-operatives have been able to weather the storm. For the world's economies and the public that invests their money, this is of critical importance.

International Credit Union Day in the UK will be celebrated on 22nd October.  The focus this year is on our members. 

 

 

 

 

 


Just details to 31st August 2012

Just Credit Union Facts and Figures to 31st August 2012

Amount lent to members since 2001 has now reached £4.6 million.

Monthly details summary end of August 2012 -

Number of active members - 2,429

Number of Junior Savers - 187

Number of members with loans - 1,358

Total of share deposits (savings) - £700,134

Total amount out on loan - £819,388

Total amount lent to members since 2001 - £4,601,673

New members in August - 30

Growth of membership 2011/2012 is 358.

 


Savings Club starting at Greenacres Primary School

Just Credit Union is opening a new savings club.  It is beginning on Monday 17th September for pupils at Greenacres.  Pupils, staff and parents can join and start to save.  It's surprising how easily savings build with regular deposits.  Members save for playstations, toys, BMX bikes, for holiday spending money and lots more.

Young volunteers learn how to keep records, how to handle money, keep records and develop good habits. 

Every year the credit union gives the members interest on their savings.  The interest on credit union accounts is paid annually and the amount (called a dividend) is agreed by the members at the AGM.  Last year Just paid 2.1% interest on all accounts incuding those of Junior Savers.  The new members at Greenacres will be eligible for interest on their new accounts.

Just welcomes the new savers; we hope they will stay with us for many years to come!


Just Details August 2012

Just Credit Union Facts and Figures to 31st July 2012

Amount lent to members since 2001 has now reached £4.5 million.

Monthly details summary end of July 2012

Number of active members - 2,379

Number of Junior Savers - 197

Number of members with loans - 1,339

Total of share deposits (savings) - £670,185

Total amount out on loan - £791,978

Total amount lent to members since 2001 - £4,515,999

New members in July - 34

Growth of membership 2011/2012 is 341.

Please keep talking about just Credit Union to your friends and family…..

Number of Credit Union Current Accounts - 327


Just Credit Union Facts and Figures to 31st May 2012

Over £4 million lent to members since 2001!

Monthly details summary end of May 2012

Number of active members 2,305

Number of Junior Savers 197

Number of members with loans 1,325

Total Share deposits £662,874

Total amount out on loan £803,900

Total amount lent to members since 2001 £4,385,940

New members in May 29

Growth of membership 2011/2011 266  Most people join by hearing about us by word of mouth - so please pass the message on

Number of Credit Union Current Accounts 317

 

 


Prize Draw Winner

David Tench of Shrewsbury was the lucky winner of the prize draw.  Members who completed and returned a survey were entered into a draw for a £50 shopping voucher.

David has never won anything before - he was delighted.  David has been a member for over 5 years.  He has had a loan from Just, but mostly uses his account to save up for furniture and household goods.  His plan is to use the voucher to add to the new bath he bought recently. 

 


2012 is the International Year of Cooperatives

2012

Like other coperatives, Just supports the UN year of copoperatives - helping promote fiancial inclusion and community cooperation.

United Nations General Assembly has declared 2012 the International Year of Cooperatives (IYC). The designation serves to highlight the contribution cooperatives have had in reducing poverty, creating jobs and promoting social integration. The theme for the International Year of Cooperatives 2012 is Cooperative Enterprises Build a Better World.


Just celebrates ten years of success

Just Credit Union is celebrating ten successful years. Members are being invited to join the celebrations at the Annual General Meeting this month.

The AGM will be held at Shirehall at 6.30pm on Wednesday 21st March.

Just is local. Based in Shropshire, Just has been trading successfully since 1st October 2001and has grown from 30 to over 3,000 members. Last year membership grew by 34%.

Just is safe. Regulated in the same way as banks but without shareholders and bonuses to pay, Just is a safe place for savings and has assets of over £1million. Savings are instant access with interest (called a dividend) paid on all accounts - typically 2% a year.

In the first ten years, Just has lent almost £4million, at fair and affordable rates, to Shropshire people. It also offers a fully functional bank account.

Joan joined Just when it began. It was the first chance she had to save, beginning by paying in cash locally, later paying by standing order. “I wasn’t brought up to save and never saved before. It’s been easy to save with Just, my savings have built up gradually and I’ve had interest too. I feel more secure, knowing I’ve got some money put aside and pleased I’ve got a savings habit. I’ve been able to save for holidays, and I’ve borrowed from Just too, to spread out the cost of some great holidays and running my car”.

Quote from Martin Holland – Chief Executive of the Shropshire Housing Group

“ (we were)…. delighted to be associated with the establishment of just credit union….. it is crucial to the financial wellbeing of our community. We are really pleased to offer our congratulations to everyone involved in the first – highly successful – 10 years. Long may your success continue.”

“Credit unions aim to help you take control of your money by encouraging you to save what you can, and borrow only what you can afford to repay.

In essence, they're a savings and loan co-operative, which just means the members pool their savings to lend to one another and help to run the credit union.

This is done in a ‘not-for-profit’ way, so the cash is only used to run the services and reward the members…and NOT to pay outside shareholders, like most other financial institutions.”

From moneysavingexpert.com

 


Move Your Money Month March 2012

Just Credit Union in Shropshire is supporting the ‘Move your Money’ campaign. The national and international campaign is encouraging people to move their money away from banks and other financial organisations which have lost the trust of their customers. As a safe, local and ethical financial service, Just welcomes new members who are looking to move their money.

“Consumer groups around the world are calling for consumers to have a real choice when it comes to financial services. Too often markets for financial services are dominated by a small number of providers meaning there isn’t any real competition. Even when consumers spot a better deal they find it, costly, confusing, or downright impossible to change accounts or services. As a result dissatisfied consumers are putting up with poor services and banks have no reason to improve.” Consumers International’s president, Jim Guest. March 2012.

Just is local to Shropshire. Set up in 2001 by a group of volunteers, but run by professional staff, Just Credit Union is a local, personal, financial service, serving Shropshire and Telford. It is a good alternative to high street banks offering savings, affordable loans and fully functional bank accounts. By joining Just people are supporting their local economy, local money circulates in the county, supporting local employment and services.

Strictly regulated, part of the Financial Services Compensation Scheme and the financial Ombudsman Service, members’ money is fully protected. While Just is as safe as the banks, it is run on ethical lines, encouraging savings, only lending responsibly and any profit made is returned to the members, not used to pay bonuses. 

Just is in the eleventh year of trading. It has over 3,000 members who enjoy personal service and all the other benefits of membership.   

Douglas Buchanan has recently opened a Just Bank account. “I’m really pleased with my account. I can use my debit card to get cash and to shop on line or on the high street. When I had a business, I found the high street banks very challenging to deal with and their charges high, especially for small businesses. They would write off hundreds of thousands of pounds worth of debt for large businesses, while coming down very hard on small ones. My credit union current account has minimal charges and I can easily bank over the ‘phone.”

http://www.moveyourmoney.org.uk/ www.justcreditunion.org.uk


Just Credit Union Gives best ever Dividend

Despite financial bad times, worries about how the budget will affect them and shrinking local incomes, members of Just Credit Union have reason to celebrate. At their AGM on budget day, the members of Just voted to give themselves the highest ever dividend.

Profits from credit unions and other co-operatives, are given back to the members as a dividend (interest paid annually in arrears).

All the members of Just have to save, so every member will benefit from the decision. The 2.1% dividend will be paid to everyone, no matter how large or small their savings. All the accounts at Just are instant access, there are no restrictions on how much has to be deposited and withdrawals can be made at any time. 

There are over three thousand members of Just Credit Union in Shropshire who have had the interest credited to their accounts.

“We are delighted to be able to offer our members a little more interest than usual” said Roger Walker, chair of Just Credit Union. “We aim to offer 2%, but it’s good in these uncertain times to be able to offer a little more. Just is growing fast, last year membership grew by 535 – around 34%.”

“It’s good news for Shropshire. Money saved and borrowed by credit union members circulates in the local economy and helps to keep it alive. Just has lent over £4,000,000 to local people in the last ten years; that’s £4,000,000 circulating in Shropshire.

Just is a safe place to put your money, not only giving local and personal service, it’s ethical and professional too.”

May 2012


Current News - June 2012

Have you travelled by bus recently?

just Credit Union is avertising on all the Arriva buses in Shrewsbury, Oswestry and Telford.  The advert is very simple and copies the style of a doorstep lender.  People who use doorstep lenders must be surpised to see our fair and affordable rates!        


Have you got news for us?

Send us your news and views so that we can keep our news current and up-to-date. If you have any other queries or comments we would be delighted to hear from you at any time.