Financial Inclusion & Education
Management of money is key to a strong economy.
Education and Inclusivity
Management of money is the key to a strong economy and we recognise that some people experience barriers to the making the most of their finances. Across the UK there are 1.5m people without a bank account and 13.1m people with low financial capability. Through programmes focused on improving financial skills and improving access to financial services, we’re helping thousands to improve their financial health.
Credit Union Development Fund
We’ve made a commitment to take the lead in financial inclusion, which means making sure everyone has access to banking facilities. For a number of consumers finding affordable credit can be a real challenge. Credit unions provide a vital service to many people across the country, providing affordable loans as well as a range of savings plans and other accounts that help their members save and manage their money.
Through our Credit Union Development Fund, each year we provide grants totalling £1million to help the sector grow sustainably and support more consumers across Britain.