PARLIAMENTARY WRITTEN QUESTION
Armed Forces: Credit Unions (4 September 2014)
Question Asked
To ask the Secretary of State for Defence, what recent progress he has made on establishing a credit union for military personnel; and if he will make a statement.
Asked by:
Gareth Thomas (Labour)
Asked by:
Gareth Thomas (Labour)
Answer
The hon. Member will be aware that we met on 15 July 2014 to discuss this very issue. The formation of an Armed Forces Credit Union is not considered to be core Ministry Of Defence (MOD) business, however we fully endorse existing, strong credit unions expanding their membership to include members of the Armed Forces community.
The MOD is currently exploring the support it can offer those unions and that includes investigating how we can facilitate payroll deductions for Credit Unions.
Answered by:
Anna Soubry (The Independent Group for Change)
6 October 2014
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