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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:
- 2020 11 03 v2 Cabinet Bristol Credit Union merger - DM PDF 293 KB
- Restricted enclosure View reasons restricted