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You are here: Project News / Media releases / January-March 2004 / 27.02.04
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27.02.04
Best foot forward for Restormel Credit Union

The Restormel Credit Union (proposed) Steering Group are delighted to announce the appointment of Frank Shires from H&S Associates to assist in the training and implementation of the Credit Union in Restormel.

There are a lot of interesting matters to unfold in the setting up of the Credit Union in Restormel. These include training for the steering group and registration with the Financial Services Authority to become a fully fledged Credit Union.

Bryan Rawlins, Chair of the proposed Restormel Credit Union says: "We are really pleased that Frank has been appointed to help drive us forward but volunteers are the most important part of the Credit Union process. We are continually looking for new members to join us, there are fantastic opportunities to become an integral part of various areas which make up the Credit Union. After all, the feasibility study that was undertaken shows there is a real need within the Restormel area for a Credit Union to be set up and great potential - here's to the future.”

The Credit Union movement is spreading across the UK, offering individuals and communities a way of encouraging saving and providing low-cost credit. They can also act as a bridge to other financial services, encourage sound financial practice and have the added advantage of keeping local money in the local economy.

The proposed Restormel Credit Union Steering Group are looking for new volunteers to join them and be an important part in the setting up of this innovative and much needed project. The group are eager for the help and support the Credit Union will provide to be in place as quickly as possible and are aiming for the Credit Union to be opened in 2005. Anyone that would be interested in this please contact Claire Evans at Restormel Regeneration Partnership on 01726 623735.

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Editor's notes:

Restormel Regeneration Partnership

Restormel Regeneration Partnership was established in 2000, with the object of making Restormel '…a more prosperous and lively area.' by making maximum use of the opportunities for regeneration.
Integrated Area Plans (IAPs) are the way in which Objective One can help communities. These are the plans that integrate the economic, social and environmental aspects of the Objective One programme into a framework for use in a specific area. There are eleven plans throughout Cornwall, three of which (St Austell Bay, China Clay Area, and Newquay & its Rural Hinterland) are covered by Restormel.
The Objective One, European Regional Development Fund, funded Integrated Area Plan team was established in February 2001 to deliver the three IAPs for Restormel. It can help with developing and supporting community based projects who wish to apply for Objective One investment.
The RRP team is funded by Restormel Borough Council, Objective One European Regional Development Fund, the South West of England Regional Development Agency, Imerys, Cornwall County Council and Health Action Zone.

For further information

Claire Evans
Administration Officer, RRP IAP team
Tel: 01726 623735; e-mail: claire@rrp.org.uk

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Jason Clark
Communications Adviser
Objective One Partnership Office
Castle House
Pydar Street
Truro TR1 2UD
Tel: 01872 241379
Fax: 01872 241388
objectiveone@cornwall.gov.uk

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