Martin's key role with Money Box Credit Union

Newly appointed Money Box Credit Union Development Officer Martin Neicho is eager to explore partnership working with community-based organisations in Herefordshire.

He is also keen to contact local businesses who are helping Herefordshire people to access ethical, not-for-profit financial services.

He has set out his aims following his new appointment at Money Box Credit Union, the Herefordshire-based financial co-operative which offers savings and affordable loans to their members aged 18 and over who live or work in the county.

Martin said,  "I am very happy with my new role at Money Box Credit Union.  It is often said that Credit Unions are the best kept secret.  However, they support individuals to take control of their finances, save for the unexpected rainy days as well as having access to ethical and affordable loans when needed.

"Credit Unions not only empower their members to make informed choices about their finances, but they also offer friendly customer service.  They are community and membership based, ethical and responsible and that is why I find it so pleasurable working within this important financial sector."

Money Box Credit Union Manager, Karen Farrow, said  "We are delighted to have Martin on board and welcome him to our team.  He brings a wealth of experience having previously worked within the charity sector supporting people from disadvantaged groups to train and find valuable work across the county.

"These were goals achieved through the synergy of working in partnership with many organisations, including Herefordshire Council, as well as local community groups and businesses.  Martin has also founded and run a local business himself.

"We anticipate his appointment to this key role will help us broaden and deepen our relationships with community organisations as well as businesses in Herefordshire."

Karen added that according to a poll by the Money Advice Service, nearly 17 million Britons have less than £1,000 savings available.  Research also shows that employees experiencing financial difficulties are more likely to be stressed leading to illness, reduced productivity and increased absenteeism.

Martin told us,  "Employers can offer payroll saving as a staff benefit with Money Box Credit Union.  There is no cost to the employer and it is easy to set up with full support provided.

"It only requires employers to take a small administrative role when processing the payroll as well as a transfer of funds.  I would be delighted to meet with any Herefordshire-based businesses or community organisations who would be interested in learning more about Money Box Credit Union."

Martin can be contacted at The Kindle Centre next to ASDA in Hereford, every Friday between 10am and midday or on his mobile 07541 917902 and by email

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