30 years of credit unions in Bolton
On July 19 1990, Johnson Fold Credit Union opened its doors to new members.
Started to encourage local residents to build up savings pot and then use those savings as security for borrowing at affordable rates, the credit union continued to expand and encourage other areas of Bolton to set up a credit union.
30 years later Hoot Credit Union continues to serve its members in the community, including Johnson Fold. Now with over 6,000 members holding almost £2 million in savings, Hoot is driving forward by expanding products and services aimed at improving the well-being of members.
Some of those original volunteers are still members of Hoot and continue to support the credit union in serving the community.