Decision details

Decision details

Oxfordshire Credit Union

Decision Maker: Finance Panel (Panel of the Scrutiny Committee)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To receive a briefing on the role of Oxfordshire Credit Union and the support provided by the City Council in light of regulatory changes.

Decisions:

The Scrutiny Officer presented the report on behalf of the Finance Panel. He outlined the following points in the report:

·         Regret of the failed merger between Oxfordshire and Blackbird Leys credit unions due to the different operating models.

·         Oxfordshire credit union would like funding for a part time development manager and they have been informed of the Council’s grant funding process.

 

The Panel recommended to the Board that the Council promotes Oxfordshire credit union to Council employees.

 

Cllr Brown said she would be happy to promote Oxfordshire credit union to Council employees at the point that they are paying a dividend.  Promotions could involve the credit union having a ‘stall of offer’ at Council and emails and leaflets advertising its services. All promotions of the credit union would have to be put in the context of other services offered to staff.

Report author: Andrew Brown

Publication date: 19/09/2016

Date of decision: 15/09/2016

Decided at meeting: 15/09/2016 - City Executive Board (became Cabinet on 13 May 2019)

Accompanying Documents: