Members eNewsletter September 2022 edition

Welcome to the September edition of the Thamesbank newsletter.

In this month’s edition, we share some tips on how you can save on fuel costs, answer some questions on ‘Saving with Thamesbank’ and give you some benefits of being part of our Salary Saving Scheme.

We also share details on a new campaign by the England Illegal Money Lending Team called #LetsTalkLoanSharks.

On a different note, we at Thamesbank Credit Union are deeply saddened by the death of Her Majesty The Queen and remember her committed service to our nation for over 70 years. Our thoughts and prayers are with the Royal Family during this difficult time. Thank you for your service, Your Majesty. The whole nation will miss you. May you rest in peace.

With kind regards,

Thamesbank editorial team

How to save on fuel costs

From watching your speed to checking your tyres, get top tips that can help with your car’s fuel efficiency and save money at the same time.

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How do I save on the rising energy prices?

If a resident is in debt to their energy supplier, they might be able to get a grant from the supplier to help pay it off. Get the list of energy companies who have support funds and hardship grants available for customers who are struggling from our website.

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Saving with Thamesbank

If you know someone who is looking to open a savings account and doesn’t know about Thamesbank yet, here are some frequently asked questions about us that you can share with them.

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“I really wish someone had asked me sooner if I owed money to a loan shark and if the person, I was borrowing from, was really my mate. It would have saved me thousands of pounds, my mental health, and my marriage.”

“The person I spoke to didn’t ask so I thought they couldn’t help with that debt. I wish they had. It would have saved me months of heartache and stress.”

A report published by the Centre for Social Justice estimated that 1.08 million people in England are currently using loan sharks. That is 2% of the population, so that could mean at least 2% of the people you work to support. Loan shark victims are often in contact with multiple agencies but do not reveal their situation. When the Illegal Money Lending Team (IMLT) ask them why, the reply is quite simply “because they didn’t ask me”.

Stop Loan Sharks Week 2022 runs from 26 September to 02 October and the hashtag this year is #LetsTalkLoanSharks.

From our website, find out how you can help someone who has been a victim of a Loan Shark by “asking the question”.

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Benefits of Thamesbank’s Salary Saving Scheme

Thamesbank’s Salary Saving Scheme brings quite a few benefits to employees and employers.

If you are an employer, having the Salary Saving Scheme as a perk, can help helps build employee loyalty, and employees financial, physical and in some cases mental wellbeing. It also reduces requests for salary advance and absence due to financial strains.

As an employee, you will automatically be able to save money with minimum effort via a payroll deduction.

These are just some of the benefits of being part of the Salary Saving Scheme. Get the full list on our website.

Our Employer Partners are located in the Thamesbank Credit Union area of the London Boroughs of:

  • Ealing
  • Hounslow
  • Richmond Upon Thames
  • Kingston Upon Thames
  • Wandsworth
  • Borough of Spelthorne, Surrey

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Words of wisdom

“I know of no single formula for success, but over the years I have observed that some attributes of leadership are universal and are often about finding ways of encouraging people to combine their efforts, their talents, their insights, their enthusiasm and their inspiration to work together.”
– Queen Elizabeth II