Money Advice Award for Hoot
02 Jun 16
Hoot Credit Union has won the Best Partnership Award at this year’s Money Advice Awards.
The award is given for the joint effort of Hoot Credit Union, Bolton Money Skills and Bolton Council’s Local Welfare Provision in delivering anti-poverty initiatives to financially excluded people in Bolton.
By delivering a programme of money advice, financial education and affordable credit facilities, the project has been able to help a number of people get back on their feet after financial crisis and begin the process of sustainable management of their own finances.
Hoot Credit Union Chair Steve Bottrill said: “We are proud of this recognition for our partnership work and our contribution to Bolton’s anti-poverty initiatives. We work closely with partners on a number of projects aimed at delivering our ethical values in the community. Having also just achieved the Fairbanking Mark for our loans, the credit union is gaining more and more recognition as the responsible alternative for savings and loans in the community.”
Representatives from Hoot Credit Union and Bolton Money Skills received the award during a ceremony at the Institute of Money Advisers (IMA) conference (pictured). The IMA is the only professional body acting solely for money advisers in England, Wales and Northern Ireland. Its overriding objective is to assure quality in the money advice profession, with a primary focus on the promotion and support of free-to-client advice.
Bolton Money Skills provides free information, money guidance and training to give people the money skills, knowledge and confidence to help them take control of their finances and improve their money management skills.
Hoot Credit Union was founded in 2005 and offers mutual financial services for the people of Bolton, Bury, and adjoining parts of Salford, Wigan, and Blackburn. The credit union has a very strong relationship with community and local government organisations and collaborates on a number of projects aimed at promoting fair finance and money management skills in the area.