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Congratulating 1st Alliance (Ayrshire) Credit Union on its 200,000th Loan

That the Parliament congratulates the 1st Alliance (Ayrshire) Credit Union on issuing its 200,000th loan in June 2018; understands that the credit union has now issued £15.5 million in loans since it was founded in April 2004, following the merger of Stevenson Credit Union and Kilwinning Credit Union; notes that 1st Alliance serves the whole of Ayrshire, with anyone living or working in the county able to become a member; appreciates that it is a not–for-profit financial co-operative owned and controlled by its members, is managed and staffed by local people and has a strong voluntary element; recognises that 1st Alliance has seen a huge growth in the last financial year, with an increase in loans of 34%, a growth of shares in membership of 16% and a membership growth of 8%, as it continues to grow as a fair and ethical alternative to high-cost lenders in Ayrshire, and wishes all at 1st Alliance the very best for the future.

Supported by: Richard Lyle, Alasdair Allan, Stewart Stevenson, Rona Mackay, Joan McAlpine, Bill Kidd, Jenny Gilruth, Gillian Martin, Fulton MacGregor, Sandra White, Kenneth Gibson, Tom Arthur

Current Status: Fallen on 28/11/2018
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