Tredegar Town Council invests in their local community

helping Smart Money Cymru Community Bank to provide more fair and affordable loans

For many, managing the extra costs that come with the festive season can be overwhelming, especially for those already faced with tight budgets. Smart Money Cymru Community Bank is here to help ease this pressure for its members though. Each year sees more and more people joining Smart Money Cymru, to save regularly and borrow with confidence that their loan is fair and affordable-building financial resilience for those unexpected bills, Christmas, summer holidays and much more.

To continue to be able to keep up with the demands on its services, Smart Money Cymru works with a wide range of partners and supporters. Tredegar Town Council is one of the fantastic partners who support the work Smart Money Cymru in a variety of ways. Most recently, Councillors approved the opening of a Community Investment account at Smart Money Cymru. Funds deposited into these accounts are used to provide access to affordable, safe loan options for its constituents. The Town Council can be sure that by depositing with Smart Money Cymru, its money is being put to good use, particularly at this busy time of year.

Mayor of Tredegar Town Council, Alyson Tippings said

“Tredegar Town Council has always valued having such a crucial service such as Smart Money Cymru Community Bank on its High Street and recognises the important work they are doing to improve financial resilience in the Blaenau Gwent area. Christmas can be a difficult time of year and people need to know that there is an organisation that can keep them away from predatory high cost lenders right on their doorstep. Smart Money Cymru loans are designed to help families spread their cost whilst building up savings for next year so I encourage everyone to become a member this Christmas”

Smart Money Cymru Community Bank Chair of Directors Alun Taylor said “This initiative boosts our resources to do more for our members and is a testament to the town’s commitment to supporting its residents. We are grateful for the support they have given us in reaching our mission to provide the people of Wales with accessible, fair and affordable financial services”

Find out more about our loans today.