Credit Unions of Wales celebrate annual awards on International Credit Union Day
19 Oct 18
Supported by the Welsh Government, the Credit Unions of Wales hosted its annual award ceremony on International Credit Union Day. ITV News Wales spent the day filming at the event which followed up with a studio interview with Chief Executive of Cardiff & Vale Credit Union (CVCU).
Credit Unions of Wales is a group of the 18 credit unions in Wales, they work to improve levels of savings and to promote the access of affordable credit facilities by raising awareness of credit unions in Wales.
The awards celebrate the valuable contribution made by credit union volunteers, members, schools and partner employers to the ongoing success of the credit union movement in Wales.
One of the many highlights of this year’s event was the ‘Member Making a Difference’ award. This was presented to CVCU member, Suzie Chetri. Suzie first joined CVCU in 2012 and applied for a loan as a young legal professional with accrued student debt and no savings. CVCU granted the loan, and highlighted to Suzie that her spending would need to reduce to enable her to repay the loan successfully and improve her financial situation. Suzie took the advice, cleared her loan and transformed her financial situation in the process.
In recognition of her appreciation for the credit union in turning around her financial position, Suzie joined the Board of CVCU as a director in 2013. Since then, she has fearlessly and publically shared with others her experience as a young professional in debt, and how becoming a credit union member has improved her life. CVCU estimate that Suzie will have helped us make payroll schemes available to the workplaces of a further 3,000 employees by the end of 2018, including her own employer.
Suzie’s story was picked up by ITV and was featured on the 6:00pm news. CVCU Chief Executive, Leanne Herberg was interviewed at ITV studios to promote credit unions in Wales. Speaking about the awards and acknowledging the great work across the Welsh credit union sector, Leanne said: “The awards ceremony was a great opportunity for us to showcase the great work across Wales of credit unions, our partners and supporters on International Credit Union Day.
“We are proud of all the deserving winners and finalists, and especially proud of our Director Suzie for winning the national ‘Member Making a Difference’ category, for sharing her story of how being our member turned her finances around.
“Suzie is fearless and open about how she experienced debt and over-spending as a young graduate professional, and how a loan with us turned her situation from being significantly in debt into a keen saver. We hope that Suzie sharing her story so openly on Welsh news this week will encourage others to find out more about their credit union and how we change lives”.
You can view the ITV coverage about the awards ceremony on the Credit Unions of Wales Facebook page here.
On the panel for this year’s awards was ABCUL CEO, Robert Kelly who said: “It was a privilege to be invited on the panel for this year’s awards. All over the world, communities are being helped by credit unions and improving their financial capability. The awards showcase the ways in which Welsh credit unions are making a difference.
“With all of the nominees for the awards it is inspiring to see the impact of all the great work that is being delivered by our sector throughout Wales and in particular with Suzie receiving her ‘Member of the Year’ award”.
The full list of winners is as follows:
Payroll Partner (Public):
Winner – Cardiff City Council
Payroll Partner (Private):
Winner – JoJo Maman Bebe
Payroll Partner (Third Sector):
Winner – Cardiff Bus
Winner – Michael Cantwell
Member Making a Difference:
Winner – Suzie Chetri
Volunteer of the Year:
Winner – Susan Higgs
Winner – Oldcastle Primary School
Lifetime Achievement Award:
Winner – Ian Gylee