During this time the Development Agency managed to create another 5 credit unions in the Wigan area. Westleigh Credit Union, Pemberton
Credit Union, Worsley Mesnes Credit Union, NW Wigan Credit Union and Welcome Credit Union. Unsuccessful attempts were also made to create credit unions in other areas of Wigan. All were community based except Welcome whose bond was employee based. Their common
bond were small and limited and all of them were to struggle to survive after the initial development periods.
With hindsight, the development model at that time was flawed. It was driven by the notion
that local people could work together to create small financial cooperatives that would benefit the community. It was also driven by the failure of other financial institutions to support local communities and people on low incomes. All of the development
money at the time was being used to develop credit unions, very little was set aside to provide continued support for the new credit unions who were as it turned out not equipped to manage and grow what needed to be profitable businesses.
They were perceived by the general public as for “poor people”, run by local government for “charitable purposes. So while they were successful at a local level they had nothing to build a better business with and were doomed to
fail. Their image was unprofessional operating from community centres, libraries, etc and they were considered to be run by amateur volunteers. One Credit Union failed due to fraud, but no one lost any money as a result. However, it was a blow that affected
all the other credit unions at the time.