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Castle Community Bank opens new branch with visit from local MSP and MP

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13 Apr 18

Castle Community Bank has opened a new branch in Leith, Edinburgh. Local MSP, Ben Macpherson and  MP Deidre Brock visited the new branch to continue their support for the credit union.

Castle Community Bank (CBB) was formed in 2015 following the merger of two long established credit unions: Castle and North Edinburgh, along with the members of the Waters of Leith Credit Union Study Group.

The merged credit union has built upon a proud heritage to extend its reach to people across Edinburgh and the Lothians. Manager of CBB, Gordon Buchanan says: “Right from the creation of Castle Community Bank our ambition has been to open a branch in Leith, one of the most densely populated and financially diverse parts of Edinburgh. Great wealth and great poverty live side by side as so often in our society.

“As such Leith is home to the usual collection of high cost payday lenders and pay weekly stores who prey on the financially excluded and vulnerable in our communities. We are proud to now be able to offer the people of Leith and the wider population of Edinburgh savings and loans “Fair and Square”.

MSP for Edinburgh Northern and Leith, Ben Macpherson has been a strong supporter for credit unions in Scotland and especially CBB. Ben is a member of the Cross Party Group on Credit Unions and has highlighted his support for the credit union in Parliament. In a debate about making Scotland financially fairer Ben stated: “I want to highlight Castle Community Bank as an example of the community and business initiative and working together to have a positive impact on the common good and on using financial inclusion.”

Gordon thanked Ben and Deidre for their continued support for the credit union. Gordon says: “Ben and Deidre have been active supporters of Castle Community Bank right from the start and we are grateful to them for their continued support in helping to alleviate financial exploitation and exclusion across our communities.”

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