Churches' Mutual, the credit union for ordained and lay ministers, church charity employees and trustees, is celebrating reaching £3million pounds in assets.
Since its launch in 2015, CMCU has processed 1100 applications from individuals and a further 43 from corporate bodies such as churches and church organisations. Since July 2016 it has had two extensions to its common bond to offer savings and loans to eligible members of the United Reformed Church and the Roman Catholic Church in England and Wales and in Scotland.
Read the full story on the ABCUL Scotland website
Membership of the Churches' Mutual Credit Union is open to to clergy and ministers, licensed lay ministers, Church of Scotland elders, trustees and employees of the member churches and church charities.
For more information and to check your eligibilty visit www.cmcu.org.uk