Plough & Share Credit Union is No More

We are sorry to say that the Plough and Share Credit Union which covers many parts of Devon has gone into administration. This means that there will no longer be a service operating from the Crediton Council Offices on Friday afternoons.  People with  savings and loans with the Credit union have all been informed and those with savings are having their money reimbursed so they will not lose out. All those involved with the Credit Union are sorry this has happened .  We see Credit Unions as having a vital role to play, especially in offering loans at much lower rates than door  to door loan providers. We hope people will consider alternatives such as Somerset Savings and Loans who are now accepting applications from Devon.

Gerald Conyngham
Volunteer with the Credit Union