Dear Member,

Happy Spring! It’s time to give your finances a fresh start.

Spring has sprung at Thamesbank. As we say goodbye to winter, let's welcome the season of renewal with open arms. This month, we reflect on the empowering strides made on International Women's Day and the enlightening discussions during Debt Awareness Week. Plus, gear up for Easter with our Eggs-tra Savings Hunt! 

In other news, we have been nominated for two awards at the Consumer Credit Awards. Learn more about this and more in our latest newsletter.

We would like to take this opportunity to thank everyone who attended our recent AGM.

Wishing you all a joyous Easter filled with warmth and renewal.

With best regards,

Thamesbank editorial team

Thamesbank nominated for two Consumer Credit Awards! Help us win!

Exciting news! We've been nominated for Best Credit Union Loan Provider and Best Credit Union (South) at the Consumer Credit Awards by Smart Money People.

Your vote puts us in the running to be a finalist, and it truly means a lot to us. Head over to our review page and leave a quick review – it only takes a minute! Plus, you'll be entered to win £1,000!

Voting closes on 18 June 2024, so don't miss your chance to be a part of this win. Mark your calendars for the finalists' announcement on 22 May 2024.

Let's show the power of our community. Vote now and help us take home the awards.

Thamesbank supports Debt Awareness Week 2024

Celebrating 10 years of Debt Awareness Week, StepChange highlighted the importance of seeking help for financial difficulties, especially as rising costs create challenges for many. The campaign ran between 18 to 24 March 2024 and Thamesbank was proud to be part of it.

The campaign focused on overcoming common barriers that prevent people from getting debt advice sooner. These barriers include:

• Not understanding how debt advice could help them
• Being worried that their friends or family will find out
• Fears that their credit score will be affected, or they won’t be able to borrow more money
• Mental health issues making it more difficult to get help
• Not having enough time to seek advice and tackle their debt

StepChange shared daily information and support throughout the week to address these specific barriers on their social media channels. 

Learn more about StepChange on their website. 

The Great Eggs-tra Savings Hunt: 7 egg-cellent money-saving tips

Spring is here, and that comes with an urge to find hidden treasures. However, this year, ditch the chocolate and embark on a quest that will leave your savings account singing – The Great Eggs-tra Savings Hunt.

We have 7 "eggs" filled with money-saving tips on our blog, and each one can unlock a piece of the financial freedom puzzle. Think free entertainment hacks, meal planning, and the secret to avoiding impulse buys.

Want to crack open all the eggs and discover the secrets to financial spring cleaning? Hop on over to our blog and join the hunt.

Salary Saving Scheme

Looking to boost employee morale and financial well-being? The Thamesbank Salary Saving Scheme offers a win-win for both employers and their staff.

Employers:

• Increase employee loyalty: The scheme demonstrates your commitment to your staff's financial health, potentially leading to higher retention rates.
• Reduce financial stress: By offering an easy way to save, you may see fewer requests for salary advances and absences due to financial worries. This can lead to a more productive workforce.

Employees:

• Effortless saving: Automatically save towards your goals through convenient payroll deductions.

Our scheme is available to employers in:

• Ealing
• Hounslow
• Richmond Upon Thames
• Kingston Upon Thames
• Wandsworth (London Boroughs)
• Borough of Spelthorne (Surrey)

This is just a glimpse of the benefits. Visit our website for the full details.

Words of wisdom

"Do not save what is left after spending, but spend what is left after saving." - Warren Buffett 

In this quote, Warren Buffett advises prioritising saving over spending. Rather than saving what's left after spending, you should save first and spend what remains. This approach cultivates financial discipline, living within your means, and building wealth over time.

Members noticeboard

Thamesbank bids farewell to Treasurer, Nicholas Dowler

We express our deepest gratitude to Nicholas Dowler for his service as Treasurer at Thamesbank Credit Union. His dedication has been invaluable, and he will be greatly missed. We wish him all the best in his future endeavors and look forward to seeing the great things he accomplishes.

Lottery - enter now

As a member of Thamesbank Credit Union, you have the chance to enter the lottery, run by our back-office provider, Credit Union Solutions (CUS).

Each entry is £1, and each member can have up to 10 chances per month.

For all the details, to enter the lottery and to see past winners, visit the Credit Union Solutions (CUS) website.

Share this newsletter

Please feel free to share this newsletter with your colleagues, friends and anyone else who may be interested in the content within it. 

With thanks from the Thamesbank editorial team.

Thamesbank Credit Union is authorised and regulated by the FCA and PRA Reg. No. 416486. Registered office address: The Bungalow, Pinkwell Lane, Hayes, UB3 1PE

Ethical and affordable finances  |  Helping you to save and borrow

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