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Decision details

Credit Unions

Decision Maker: Executive Councillor for Communities.

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To agree options to improve the accessibility of Credit Unions to Cambridge residents.

Decision:

Matter for Decision: To consider the City Council support for Credit Unions.

 

Decision of the Executive Councillor for Community Development and Health:

 

The Executive Councillor resolved

 

1.    To note the support the Council already gives to the two credit unions

 

2.    To endorse the planned work programme

 

Reason for the Decision:

 

As per the officer report

 

Any alternative options considered and rejected:

 

N/A

 

Scrutiny Considerations:

 

The committee received a report from the Head of Community Development regarding Credit Unions.

 

Officers agreed to explore the suggestion of promoting volunteering opportunities within the business and finance sector.

 

The committee endorsed the recommendations unanimously.

 

The Executive Councillor approved the recommendations.

 

Conflicts of interest declared by the Executive Councillor (and any dispensation granted):

 

N/A 

 

Publication date: 01/03/2013

Date of decision: 17/01/2013