Glasgow MSP Anne McTaggart has called on fellow Members of the Scottish Parliament to encourage more people to use ethical financial organisations, as part of a Parliamentary motion to celebrate International Credit Union Day (ICU Day).
Since 1948 the third Thursday in October has been used to honour the people around the world that have devoted time and effort to progress the member owned financial movement which offers low cost loans and promotes saving practices.
Anne McTaggart said:
“We are all aware of the banking practices that created the global financial crisis, that celebrating the global network of credit unions and their members is so important.
International Credit Union day gives us in the credit union movement a chance to promote ethical financial practices, low cost loans and encourage saving.
Credit Unions play a huge role for communities of Glasgow, Scotland and all around the world, and are a great example of how well member owned co-operatives can work both as a business model but also as providing a valuable service.
I will continue to provide whatever support I can to further the Credit Union movement both in and out of Parliament”
To view Anne McTaggart MSP’s Parliamentary motion please click here.