Treasury: Credit Unions

Treasury written question – answered on 23rd July 2019.

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Photo of Gareth Thomas Gareth Thomas Party Chair, Co-operative Party

To ask the Chancellor of the Exchequer, pursuant to the Answer of 9 July 2019 to Question 271336, for what reasons his Department does not offer a payroll deduction service to enable employees to join a credit union; and if he will make a statement.

Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary

HM Treasury explored the option of offering a credit union to staff, however due to lack of staff interest and other reward and benefit priorities it hasn’t been implemented.

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