Building An Ethical Financial System: The Role Of Credit Unions

Credit unions represent a more ethical, community-based approach to banking. For that reason, the Archbishop has called on churches and church members to support credit unions in their local area, helping the sector as a whole to grow.

This briefing paper gives some background to the issues surrounding the problem of payday lending and the role credit unions can play in building a more ethical financial system. It also suggests ways in which churches can get involved with and support their local credit unions.