Angus residents who save together as members of Angus Credit Union now have over £100,000 in combined deposits.
Wendy Warden of Forfar made the deposit which took the combined total over the landmark figure, and was delighted to hear about it.
Wendy said: “When I quit smoking I decided to save the money I had been spending on cigarettes.
“A friend told me about Angus Credit Union and so I decided to become a member.
“I now have a great little pot of money that is put aside for a rainy day and for my son, and it will continue to grow.”
She is also planning to use part of her savings to pay for the extra expenses at Christmas.
The savings landmark is just one of the strong growth areas for Angus Credit Union over the past year.
Membership has increased by 35% and loans taken are up by 65%.
The credit union is steadily increasing the number of Angus primary schools involved in their Smiley Savers scheme, so junior membership has risen by 66%.
The credit union was recently presented with an Angus Enterprise award for the excellent money management workshops their Development Manager, Paul Mitchell, has been running for P6 and P7 pupils in 2011.
Linda McDonald, volunteer director, said: “In these tough financial times we’re really pleased to see that more and more Angus people are choosing their local credit union for their savings and loans.”
“We provide an affordable alternative to the high-cost loans offered by other providers, and we help local money to stay in our local economy”.
For more information about Angus Credit Union and its savings and loan services, phone 01307 463388 or visit www.anguscreditunion.co.uk