After 12 years operating from a church hall, South Manchester Credit Union has moved onto the high street. On Saturday 17th November their first office in Burnage, the Lord Mayor of Manchester, Councillor Elaine Boyes, officially opened Manchester.
The Credit Union was formed in 2000 and previously operated from an office at the church hall of Christ Church in Burnage. A surge of new members over the past few years means that they have outgrown their premises. They are now looking forward to
serving members from their new premises, which will be open to members five days a week. Chair of SMCU, Jeff Senerviratne said, "This is a new beginning for the credit union. South Manchester Credit Union has opened a community branch
at ‘The Place at Platt Lane’ Friends of Fallowfield, local residents and City South Housing has all paid off and this new community resource is a breath of fresh air for Fallowfield. The Credit Union has reached a significant milestone.
Since they opened the doors in the year 2000, and have now issued more than 15,000 loans to members for a combined total of more than £10 million. Fallowfield Credit Union considered merging with a larger credit union in the light of more regulation
and the need to upgrade services for the future and the subject remained on the agenda for discussion at board meetings. Merger in 2017 had now been agreed with South Manchester Credit Union