Stephen Magee worked steadily to gather support from local organisations and in 2007 the Reading Credit Union began its operations when member number one was signed up.
The Reading Credit Union grew steadily and by early 2009 had over 400 saving members and a developing loans business. During this period many requests were received from other communities across the county of Berkshire to expand its area of operations.
As a result in 2009, a Project Group was set up to expand the Reading Credit Union. The project successfully completed its work when in August 2010, Community Savings and Loans Ltd came into being. This new organisation, building outwards from Reading now covers all areas of Berkshire.
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