Tel: 0161 231 5222 Email: info@manchestercreditunion.co.uk

19 August 2017
News

Directors Wanted

is looking for new people to join its Board of Directors*

Do you have the skills, background and experience needed to oversee the work of a growing co-operative financial institution?

You will need to:

  • Have a commitment to developing a democratic financial co-operative in the interests of its members
  • Have a real interest in serving the financial needs of people in the diverse communities of Greater Manchester
  • Be able to work collectively, think strategically and oversee the performance of a financial institution
  • Have the ability to understand a range of management information including financial statements
  • Be willing to learn about all aspects of credit union governance


We are looking in particular for people can oversee activity in the following areas:

ICT ~ Marketing ~ HR ~ Compliance & Risk Management

We are looking to increase diversity on the board in order to reflect our diverse membership.

In addition to directors, we are also looking for people to work in the community as Credit Union Champions and/or Workplace Representatives. These are people who are able to represent and promote the credit union and its benefits within particular communities and groups of people.

A training and development programme is offered to directors, credit union champions and workplace representatives.

These positions are all voluntary for which no remuneration is paid. Reasonable out of pocket expenses are paid, however, for activity undertaken on credit union business.

Please email us for an application pack, stating which role you are interested in: christine.moore@manchestercreditunion.co.uk

*directors are not involved in the day to day operations of the credit union


Chorlton co-operative Unicorn Grocery becomes a payroll partner to support its members

Manchester Credit Union is delighted to have joined forces with Unicorn grocery shop this Co-operatives Fortnight (June 17-Juy 1) to highlight how working together can make a difference to our city's worker bees. 

Chorlton-based Unicorn has signed up to our free payroll scheme to enable its workers to save and borrow through their pay packet.

Sam Donnan, co-operative grocer, at Unicorn was motivated to join our payroll partner scheme to help staff avoid getting caught out by a lack of savings.

He said: “I wanted to encourage our staff members to be more financially prepared with an easy way of saving. 

“We all live and work in Manchester and it's good to know that by being a part of Manchester Credit Union, the money that is invested stays local and will hopefully support other communities and residents.

“In a member owned business we see every day the strength in working together, and this mirrors perfectly with the aims of Manchester Credit Union.”

Manchester Credit Union chief executive, Christine Moore, added: “We’re proud to be working with the Unicorn and offering a local alternative to high street banks and shops in a way that really does benefit the city that we all love. We hope the Unicorn’s decision to join a raft of payroll partners will inspire other employers, large and small, to join the scheme.”

Both our organisations reflect the city’s growing economy of ‘co-operatives’- which are distinct from other businesses as they are owned and democratically managed by members, meaning all income generated stays within the local economy.

For more information on our payroll scheme go to: www.manchestercreditunion.co.uk and click on the Payroll Plus tab. 

Photo: Unicorn workers – who will be able to benefit from the payroll scheme Kath Taylor, Fernanda Alvarez, John Connah, Eve Davidson

 


Money saving family holiday hacks for MCU

                   

It’s that time of year again. Time to start thinking about getting the suitcases out of the loft, wonder where the snorkel has gone and invest hopefully in sun cream - when you spot a good deal, of course.

One thing you won't have to worry about is making your holiday spends go further: Manchester Credit Union has put together our top five family holiday hacks for our money-conscious members.

 

Facebook is your friend

Rather than getting holiday envy by looking at snaps of everyone else's suntinted legs on loungers, join Facebook groups for the place you are visiting to get the lowdown from other travellers. First hand information about whether the attraction's cafe is a rip-off or a certain beach is empty every morning is worth every second of scrolling through strangers' holiday pics.

 

Let older children budget for themselves

To keep a lid on the endless requests for holiday souvenirs, present each child with a purse or wallet with their holiday spends in. They can decide for themselves if they really want to buy that oversized neon inflatable dolphin and nothing else for the rest of the week.

 

Take your own journey food

However you are getting to your destination, you will probably have a fair bit of travelling to do. A petrol station sandwich or a packet of crisps on the plane won't seem like much money but when you times it by four and add on the return journey, it is much cheaper to put together a disposable packed lunch from the supermarket before you leave.

  

Get a European Health Insurance Card

The EHIC offers free or reduced-cost medical treatment in other EU countries. You will need one for everyone in the family and it is worth having even if you are insured because you may get a lower excess on your insurance policy. It is free through the official site www.ehic.org.uk Do not apply from a site which charges. It is unknown how this reciprical system will work after we finally leave the EU but for now it provides peace of mind and protection from eye-wateringly steep medical bills for UK travellers.

 

Whatever your holiday plans, make sure your account is always sunny. Find out more about saving and borrowing with Manchester Credit Union: http://www.manchestercreditunion.co.uk/content.asp?section=230

 

 


The most fun you can have in Manchester this May- summed up in 5 events

              

With two bank holiday weekends and the promise of warmer weather, there’s a lot to love about the month of May.


And Manchester gives you all the more reason to get excited about May, with an itinerary of events that won’t disappoint- whether you’re 18 or 80.

Make sure your wallet can keep up this month with our top loan deals and easy ways to regularly save.


Jump into a Giant Ball Pit 


Yes, you read that correctly- get transported back to your childhood with the largest adult ball pit. The pit contains more than 100,000 balls and will be ready to jump into over the first bank holiday weekend, and can be found at The Printworks in Manchester.


Find out more:


https://www.visitmanchester.com/whats-on/huge-adult-ball-pit-at-the-printworks-p340521  


Visit a Makers’ Market 


Meet the city's highly skilled Artisan traders and sample the finest hand-crafted goods at one of the many makers' markets on our doorstep. From Cheadle to Northern Quarter to Spinningfields, there will be a date and location sure to meet your needs. 


Find out more: 


https://www.visitmanchester.com/whats-on/searchresults?sr=1&cat=vmmarketsevent&poly=81&rd=on&stay=2017-04-30&end=2017-05-25


Get a taste for all things Hungarian at Gobefest 


From Transylvianian craft beer to traditional folk dance, this free event will give you a taste for all things Hungarian. 

Pay the market a visit on the 13th and 14th May at Albert Sq, Manchester.


https://www.visitmanchester.com/whats-on/gobefest-p339191


Visit Castlefield Food Festival 


Now in its third year, this urban food festival has built a reputation for mouth-watering food stalls alongside sizzling drinks stands. Pay the festival a visit on the 11th, 12th or 14th of May: 


https://www.visitmanchester.com/whats-on/castlefield-food-festival-p339471


Join the Crystal Maze mania


For those wanting to splash out this month, why not enter a team into the challenge made famous by a 90's game show? The Crystal Maze was one of the UK’s favourite television shows, and now you and your friends can be stars of the show. Find out more: 


https://www.visitmanchester.com/whats-on/the-crystal-maze-p330161 



We're here to help you have more pounds in your pocket through easy saving and affordable borrowing. Don't miss out, join us today. 


Five family days out for under a fiver this Easter

The Easter holidays are upon us. A whole two weeks of school-free fun stretch out before us. Sometimes days can get pretty pricey when you have the whole family together. So we have put together five days out in Great Manchester for under a fiver. Eggs-actly what you were looking for, right?


Manchester Duck Race

Thousands of bright yellow rubber ducks float down the Irwell cheered on by delighted families on the river banks.

Celebrities will be announcing the winners during the annual Manchester Duck Race, on Good Friday, from 12pm with the first race at 2pm. Free to attend and £1 to buy a duck with all proceeds going to charity.

https://www.spinningfieldsonline.com/events/manchester-duck-race-2017/


Museum Of Science and Industry

Have you got the power? It's full steam ahead for family fun MOSI's power-themed Easter holiday activities.

Discover what gives machines that get up and go with interactive shows, engaging demonstrations and hands on workshops.

Free entry – Donate online or at the museum Open 10am-5pm daily

www.msimanchester.org.uk/whats-on/activity/power


Heaton Park

This north Manchester park is fun central during the Easter holidays. From Easter egg hunts, falconry displays, craft sessions, to face painting, tram riding and den building there is something to keep everyone entertained.

Children can learn more about buzzy symbols of Manchester with the beekeepers or make their own pizzas.

Join in the parkrun fun on Saturday, April 15 with a free Easter-themed timed 5k run around Heaton Park – don't forget your barcode.

Some activities attract a small charge and may required booking.

www.manchester.gov.uk/heatonpark


National Football Museum

Budding Marcus Rashfords or Steph Houghtons will love an afternoon at the National Football Museum at the top end of Deansgate. It has everything a fan could want from old-fashioned kits to getting up close with some of the most revered silverware in the world. It's the last chance to see the 1966 World Cup Exhibition celebrating 50 years since England's momentous victory.

Admission costs nothing with free football skills sessions throughout the holidays.

From April 1-11 the Arcade Club returns to the National Football Museum this Easter, with over 50 classic arcade games available to play - £5 entry.

Open 10am-5pm, Mon-Friday.

http://www.nationalfootballmuseum.com/


Swimming

If you didn't know already, under 17s can swim for nothing during Swim for All session at Better leisure centres across Manchester during school holidays. If you're aged 60+, you can enjoy free swimming all year round in Swim for All sessions.

www.better.org.uk/manchesterfreeswimming


Make sure you don't over-stretch this Easter- speak to us about affordable lending and ethical saving. 


How a spring-clean can leave you with more pounds in your pocket

It’s officially Spring! Though we may welcome the longer days and the promise of warmer weather with open arms, we may be less enthusiastic about the seasonal tradition to ‘spring clean’.

In fact, blowing the cobwebs out of your finances can make a massive difference to the pounds in your pocket. Manchester Credit Union has swept up the best tips to help worker bees to dust off your dosh and help your balance to feel sparkling new:

Switch and save

From insurance and energy bills to your mobile and gym membership – think of the savings that could add up if you were to shop around for the best deals on each expenditure! Many providers include price increases in contract renewals, in the hope customers will be too busy to switch. Spending a few hours shopping around could save you the equivalent of months of savings.

Keep a diary for a week

Kick-start your spring clean with an accurate and up to date view of your finances by keeping a diary of your money going in and money going out. Many are surprised at how much the coffees on the go and the online shopping sprees add up to. Try it for a week and see for yourself when and where your spending could be reduced!

Kick the habit

Give both your health and wealth a boost this Spring by trying to kick costly and unhealthy habits. Wonder how much you would save by stopping smoking? Try out this free cost calculator – and if that convinces you to kick the habit, take advantage of lots of free resources to help you to stop smoking, including stop smoking websites.

Dig out the cookbook

Cut the costs of your food shopping by cooking batches of pasta sauces, pizzas and casseroles from scratch – freezing portions ready to microwave in replacement of expensive and often unhealthy microwave meals.

Pick up tips on saving time and money with quick and easy homemade meals from bloggers such as A girl called Jack.

Prepare for a rainy day

April showers may be upon us – so make sure you’re prepared for a rainy day when it comes to your finances. Start saving with us today so that you’re not caught out by unexpected costs. 


Money saving tips for your dream day


Getting married is one of the most important days in your life, but the cost of a dress, cake, venue and food can mean that the cost really adds up.

With the average cost of a wedding being £25,000, it is easy to see how costs can spiral out of control and what is meant to be a fairytale can end up being a financial nightmare.

Manchester Credit Union has put together some top tips to make you a savvy bride and groom, showing you how you can have a memorable day without breaking the bank.

1.       Firstly, it is important to have a budget and stick to it. Think about what you can afford to spend as you may also be planning a family or buying a house, and weigh up where you want your money to go. It is worth noting that one of the biggest causes of divorce is debt and finance worries, so make sure you enter married life without financially crippling yourself!

 

2.       Pick wisely when it comes to the day and the season that you get married in. As we can never predict the weather here in the UK – does it really matter if your wedding is in the height of summer season or not? You spend most of the day inside anyway, and any good photographer will tell you that brilliant sunshine does not produce the best photos. Choosing to get married in Winter and on a Sunday or Friday can also cut the costs of a venue by half, and Monday to Thursday even more so.

 

3.       Think very carefully about guests. It is amazing how the numbers can soon add up. Narrow down your guest list by sticking to close family and friends during the day and then invite more guests to the evening party, where there is less expense. There is no need to feel guilty, this is your day, and it will be a relief to some – who of course will be on their own budget to attend!

 

4.       Haggle for bargains. Not a trait us Brits are widely known for but most wedding suppliers would be open to it. Make sure if you do bag a deal that you get an agreement in writing - so that you have a record in case there are any disagreements in the future. It is also always worth asking for something to be chucked in for free, and tap up talented friends to help with the big day. Whether that be someone who can make dresses, cakes, sing, photographer or even act as the master of ceremonies.


5.       Weddings are a major expenditure and like buying a house, many people simply can’t afford to do it without a loan. If you decided to take out a loan, Manchester Credit Union, will ensure that it is affordable for you. And if you take just one piece of advice from this, please do avoid dangerous high cost credit, including payday loans, with APRs of up to 6,000%.

Get in touch for more information on easy saving and affordable borrowing for your big day: info@manchestercreditunion.co.uk

Resolutions To Make You Feel Richer

Make 2017 the best year yet for your pocket in 3 simple steps:

 

1.         Grab end-of-sale bargains to create a Christmas cupboard

With massive discounts- often more than 50% - now is the time to prepare for 2017’s Christmas with gift wrap, cards and decorations in the January sales. The end of each season is usually met with sales in high street stores- keep an eye out for bargain presents throughout the year to make December less of an expense. You’ll be delighted when you return to the stash later in the year!

2.         Start saving early to spread the cost

Christmas may be the last thing on your mind as you pack away the decorations for another year – but now is the time to start thinking about saving for a stress free festive season. Save spare change and watch the coins add up over the twelve months – or go one step further and join our Christmas Club to save regularly without the temptation of taking out the savings until November- members also get a chance of winning a hamper worth £200!

 

3.         De-clutter and make some dosh

From Christmas, birthday to redecorating the house – a lot of unwanted gifts, furniture and ornaments can be accumulated throughout the year. Sharpen your selling skills with Money Saving Expert’s 40+ eBay Selling Tricks, or check out local Facebook For Sale Or Swap pages and car boot sales.

 

 

Join the Christmas Club now to guarantee more pounds in your pocket ready for the 2017 festive season. Contact us today: info@manchestercreditunion.co.uk

 


MCU Newsletter - Winter 2016



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