A COUNCIL-backed “community bank” is to get a service point in Kidlington and is seeking volunteers.

The service hopes to operate from Kidlington Baptist Church, which also hosts a food bank, from early next month.

The not-for-profit service is being set up by Cherwell District Council and Sanctuary Housing as an expansion of the Northamptonshire Credit Union.

The council is now seeking four to six volunteers to run the outlet, which comes after two opened in Banbury last year.

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Training sessions for volunteers will be held at the High Street church at 7.30pm next Monday, and on Monday, January 26. They will answer queries, show people how to sign up and give advice on saving.

Cherwell’s lead member for housing Debbie Pickford: “Since we helped set up the community bank with our partners it’s gone from strength to strength.

“It’s a safe way to save, borrow and budget, and is proving a great asset to our residents.

Interest rates depend on the size of the loan, starting at 12.7 per cent APR, and are capped by law at 42.6 per cent APR.


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