Holywell and District Credit Union Limited was registered in December 1997 Mrs Freda Hynes thought of the idea of forming a credit union after seeing how successful they could be while spending time in Canada in the 1960s.
Mrs Hynes took an active role in the running of the Union and served in many roles, including vice chair, acting secretary and publicity officer. Freda was after many years of service was presented with a retirement gift by her colleagues. Mr. Tecwyn Jones also a founder of the credit union, says it all began in 1992 in Holywell with two members, with only £25 available to lenders and the branches in Mold and Deeside followed soon after.
The three joined together in 2001 to form the All Flintshire Credit Union, with a membership of 1,800. It was quite a lengthy process to have the group recognised. The website introduced in 2013 offered simple navigation for local people to find out details of the services offered by the credit union.
The Bryn Gwalia Communities First, in conjunction with the All Flintshire Credit Union, unveiled the new junior credit union at Bryn Gwalia Primary School in 2013. The school was delighted to be involved with the scheme and has encouraged all the children to participate. Members celebrated the Credit Union reaching a record landmark in the group’s 18-year history. Credit Unions across Wales in 2018 will receive over £844,000 of funding over two years for projects supporting communities who are struggling financially.
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