Councillor among Credit Union sign-ups at launch event

Ian McCord (centre), Sid the Shark and volunteers
Ian McCord (centre), Sid the Shark and volunteers

A district councillor and more than a dozen residents signed up to an alternative to high street banks.

Savers are able to earn dividends from their deposits with the Northants Credit Union (NCU) and it was launched at Towcester Recreation Ground on Wednesday.

The NCU, setup by South Northants Council (SNC) and South Northants Homes provides savings and loans services and deposits can be made direct from a salary, benefits, standing order and PayPoint.

After signing up Ian McCord, SNC’s portfolio holder for resources, said: “This new facility will prove to be a great asset for our local community that I am proud to be supporting.”