Decision details

Bristol Credit Union - Merger

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval on the proposal by Bristol Credit Union to increase its geographical area and merger with Wyvern Savings and Loans Credit Union

Decision:

Cabinet:

Approved, in principle, the proposed merger of the Bristol Credit Union and WS&L and authorise the Director of Finance in consultation with the Deputy Mayor and Cabinet member for Finance, Governance, Property and Culture, to finalise arrangements subject to receiving a satisfactory due diligence report.

Report author: Denise Murray

Publication date: 03/11/2020

Date of decision: 03/11/2020

Decided at meeting: 03/11/2020 - Cabinet

Effective from: 12/11/2020

Accompanying Documents: