>> 19 November 2016
Aberdeenshire Council’s Partnership Administration of SNP, Labour and Progressive Independent councillors have backed two local credit unions with financial support to allow them to expand their support to people in the North-east.
Earlier this year at the full council meeting in June a decision was taken to allocate an uncommitted balance of over £200,000 (known as year-end flexibility) to support the work of local credit unions.
Members of the Policy & Resources Committee, reviewed the next steps and agreed to split the funding equally between two local credit unions, NESCU and Grampian Credit Union.
Aberdeenshire Council Co-leader, Cllr Richard Thomson (SNP-Ellon & District) said:
Co-leader of Aberdeenshire Council, Cllr Alison Evison (Lab-North Kincardine) said: