Loan to Lewisham Plus Credit Union
July 19, 2023 Mayor and Cabinet (Other) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Mayor and Cabinet approved a £200,000 loan to Lewisham Plus Credit Union on 19/07/2023, subject to its merger with Crownsavers Credit Union. The Director of Finance was delegated authority to agree the final loan terms.
Full council record
Decision
It was MOVED, SECONDED and RESOLVED to approve the loan of £200k to Lewisham Plus Credit Union subject to the merger with Crownsavers Credit Union and to delegate to the Director of Finance the agreement of the final terms of loan agreement.
Details
| Outcome | Recommendations Approved |
| Decision date | 19 Jul 2023 |