Rt Revd Adrian Newman

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The Bishop of Stepney Adrian Newman on the benefit of Credit Unions

When I was a young Vicar living on an outer estate in Sheffield, it appalled me to discover that some of my parishioners were being forced to hand over their Child Benefit books to loan sharks, or being charged exorbitant amounts of interest for loans simply to keep their families fed. I went looking for ways to fight this evil, and that’s when someone told me about Credit Unions. I went on to help set up Sheffield’s first community credit union, and have been a supporter of the movement ever since.

The Bishop of Stepney Adrian Newman on the benefit of Credit Unions

When I was a young Vicar living on an outer estate in Sheffield, it appalled me to discover that some of my parishioners were being forced to hand over their Child Benefit books to loan sharks, or being charged exorbitant amounts of interest for loans simply to keep their families fed. I went looking for ways to fight this evil, and that’s when someone told me about Credit Unions. I went on to help set up Sheffield’s first community credit union, and have been a supporter of the movement ever since.