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Another credit Union bites the dust

colsten
Posts: 17,597 Forumite

They seem to go as regular as clockworks.
https://www.fscs.org.uk/news/2017/april/yoker-credit-union-limited-goes-out-of-business-fscs-to-protect-1200-members/
https://www.fscs.org.uk/news/2017/april/yoker-credit-union-limited-goes-out-of-business-fscs-to-protect-1200-members/
0
Comments
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I thought that said "Joker credit union" when I read the mouse-over.
Small enterprises in any sector go under regular as clockwork, so in that sense it isn't surprising that the same would be true of credit unions. But it does illustrate why they are not the solution to all the UK's financial problems, as the Church of England seems to believe.0
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