Debate: Celebrating the Role of Credit Unions in Scotland’s Communities

That the Parliament celebrates the vital role of credit unions in reducing inequality in Scotland by offering affordable loans and savings in the heart of communities, thereby protecting people from predatory lenders and unmanageable debt; recognises that these not-for-profit financial cooperatives provide ethical financial services to a combined membership of over 400,000 people living in Scotland; supports action to further raise the profile of this important sector, building on the Scottish Government’s recent national campaign, Credit Unions: People, Not Profit, and welcomes the continued collaboration between the Scottish Government and the sector to ensure that credit unions continue to thrive for the benefit of Scotland’s communities.