1 / 13

Community Banking

Community Banking. BY MANDY BYGRAVE CWCDA. Warwickshire Financial Inclusion Partnership. Warwickshire Financial Inclusion Strategy LPSA 2 funding Financial Inclusion -25 th June 2010. Warwickshire facts & Figures. Estimated 6,326 households may not have access to bank accounts

yori
Download Presentation

Community Banking

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Community Banking BY MANDY BYGRAVE CWCDA

  2. Warwickshire Financial Inclusion Partnership • Warwickshire Financial Inclusion Strategy • LPSA 2 funding • Financial Inclusion -25th June 2010

  3. Warwickshire facts & Figures • Estimated 6,326 households may not have access to bank accounts • Home credit companies have large rounds across North Warwickshire. • Estimated that thousands of people across the county are using loan sharks

  4. Provident – 272.2% Cost of £300 loan over 12 months TOTAL £878.47

  5. Payday loan (Quickquid) – 2222.46% Cost of £300 loan over 12 months TOTAL £ 6667.38

  6. What is Community Banking ? Group of third sector organisations that offer money related services

  7. Citizens Advice Bureau • Referrals • Money/Debt Advice • Support and advice

  8. Credit Union • Front face • Savings and loans • Child Trust Funds

  9. CWCDA • Bill paying • Budgeting & Money Management • Basic bank accounts • Save Xmas • Savings gateway • School Banks

  10. Heart Of England money • CWRT • Loans to those on low incomes- 35 % £356.55 • Business loans • Business advice

  11. Conclusion • Simple idea that can make a real difference to those that are financially excluded • We can make a difference to your tenants

  12. New Ideas • What additional Services are required? -Savings gateway • How do you think this could help you or your tenant?

  13. Contact details • New Way Credit Union 01827 718851 • Heart of England money 02476 551777 • Maxine Bennett 07968675862 • Mandy Bygrave – 07989982727 m.shine@cwcda.co.uk

More Related