Post by Ciara Davies
CEO at The Money Co-op
Well this is exciting! Yesterday Metro Moneywise Credit Union announced the next chapter in our journey: a strategic merger with The Money Co-op This merger brings together two well established, well respected and financially strong credit unions, so this is not about merger for mergers sake. It is about strengthening our ability to serve our members today and in the long term, as together we have committed to investing in the technology, skills and products our members expect. In the last few days in particular, I’ve been reflecting on the recent geopolitical events and the looming economic crisis, and feeling even more our responsibility to continue to be there for our members. By bringing together two strong balance sheets and meaningful economies of scale, I am confident that we have the resilience and capacity to continue investing in our credit union, despite the uncertainty. This also gives us the strength to continue to put our people (members and colleagues), at the heart of every decision we make. We are committed to building a stronger, more sustainable future for our members, our communities, our organisation, and our vibrant credit union movement, and I’m incredibly proud of the teams who have worked to bring us to this point, and excited about what comes next! Jim Stott Ben Lowing Bobby Anwar CMIRM SIRM PIOR Oladele Olujobi Carol Strand Paul Parlby Carran O'Grady Tinuade Sosanya Michael Whitby John Douglas and all the Board at TMC
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