LEICESTER, England–Clockwise Credit Union here along with Transave Credit Union have received the 5-star Fairbanking Mark for their loan products.
This means 17 credit unions across Britain have now received the mark from the Fairbanking Foundation, which was established in 2008 to encourage and assist the development of banking products that improve the financial wellbeing of their users by enabling them to manage their money better.
“We are absolutely delighted,” Clockwise CU General Manager Teresa Manning told CO-OP News. “We are proud to be part of the credit union community and fostering the credit union ethos. We passionately believe in putting our members’ needs at the heart of all we do. This award reflects our commitment to leading the way in improving the financial wellbeing of our community and its people with a quality loan product appropriate to their needs, and providing first class customer service.”
Added Aidene Walsh, chief executive of the Fairbanking Foundation: “We’re delighted to recognize the effectiveness of the personal loans of Clockwise and Transave Credit Unions.