News

Credit union’s shock closure

Published

10 years ago

March 20, 2015

THE CLOSURE of the Haven Credit Union on Tuesday March 3, is a severe blow to those who depended upon its services whether as investors or borrowers. A statement by Chair of the Board of Trustees, Ted Sangster, disclosed that the credit union has been seeking a partner with which to merge for the last twelve months. Those efforts to preserve the union in some form have, however, come to nothing. Savings with the credit union are protected and it is anticipated that savers will have their money returned to them, in full, in around a fortnight’s time. Mr Sangster’s told The Herald: “As our statement reads, we have taken this decision only after long and serious consideration of the alternatives. The rules on Credit Union reserves have recently changed. That was not a determining factor in our decision, but it was something we took on board.” Mr Sangster continued: “We explored the possibility for merging with another credit union, but we were unable to reach an agreement. The board therefore took a principled decision. We could have carried on for another three to six months and then had the regulator step in.

That would have created uncertainty for our members and it the board decided not to let that happen. The board decided that it was better to arrange matters so that our members could be dealt with in a fair and orderly way. It was a painful decision, but it was the right one.”

After extending his thanks to the statutory bodies which have assisted the credit union, Mr Sangster paid tribute to the union’s volunteers and staff: “The board wishes to thank all those staff and volunteers who have worked on behalf of the credit union to provide this much valued service to the people of Pembrokeshire over the past 22 years. Many people have been helped and supported by their unstinting work for which again, our heartfelt thanks.”

Paul Brindley the appointed administrator said: “It’s a real disappointment that Haven Credit Union should be forced to close as there is a very real and necessary demand for their services. Members can be assured that their savings are safe. They will be paid back in full within the next two weeks.”

A spokesperson from Pembrokeshire County Council said: “We are disappointed to learn of the closure of the Haven Credit Union (HCU) but respect the board’s decision to discontinue the business. HCU was a professionally-run organisation offering a valuable service to the local community.”

They continued: “The council has been pleased to be associated with HCU over the years and has offered support wherever possible. This has included facilitating payroll deductions for council employees who were customers of HCU.”

The spokesperson added: “Over the past several months, the council has been supporting HCU to mediate a merger with other credit unions but unfortunately this has not proved possible.”

What is a credit union?

Credit unions are member-owned financial cooperatives operated for the purpose of promoting thrift, providing credit and other financial services to their members.

Credit unions in the UK now offer a wide range of services to their members; including current accounts, payroll deductions, standing orders and insurance. The UK Government has endeavoured to encourage the expansion of credit unions’ operations in order to stop people relying on high-interest door-step loans and loan sharks. A few credit unions now offer services more akin to a mainstream bank (such as the provision of ATM cards).

In 2013 the Archbishop of Canterbury, Justin Welby, launched a Church of England plan to support credit unions, to combat the rise of UK payday lenders charging extremely high interest rates.

Despite the moves to encourage people to use credit unions, the number of credit unions has tumbled over the last ten years. In 2004 there were 565 credit unions in the UK. Following the closure of the Haven Credit Union, there are around 370.

There remain two credit unions operating in Pembrokeshire, The West Wales Credit Union, in Fishguard and the Save Easy Credit Union in High Street, Haverfordwest.

Charity

Over 1,100 festive bathers enjoy Tenby’s famous Boxing Day Swim

Published

11 hours ago

December 26, 2024

Tom Sinclair

A RECORD-BREAKING number of 1,150 festive bathers have had a splashing time in the Tenby Boxing Day Swim this morning.

The fancy dress theme of Superheroes – in tribute to the RNLI in its 200th anniversary year – saw Batman, The Incredibles, Wonderwoman and a whole crew of emergency services dashing into the chilly water of Tenby’s North Beach.

RNLI mascot Stormy Stan was there amongst the huge crowds to cheer the brave bathers on their way.
The swim will be one to remember forever for one duo of dippers as they got engaged following a surprise proposal on the sand.
Brazilian Jiu-Jitsu coach Philip Frith, 34, made one of his best-ever moves when he popped the question to his girlfriend, former professional dancer Victoria Tansey, 34, who is originally from Hakin.

Said swim chairman Sam Skyrme-Blackhall: “”Well, we said ‘come to the Tenby Boxing Day Swim and take the plunge’ but we weren’t expecting that! Congratulations to the happy couple”.
The swim has raised hundreds of thousands of pounds for charities and good causes in its 52-year history, and this yeae’s event will see Tenby RNLI as the main beneficiary.

Town mayor Dai Morgan said: ”It’s great to see so many people from here, and for such a good cause. I just love it down on the beach on Boxing Day. The swim is such a fantastic tradition.”
The mayor’s daughter, 18-year-old Erin Morgan, who is Tenby’s town crier, gave a special ‘cry’ to welcome the swim.

Swim chairman Sam supervised 10-year-old Sam Fecci as he fired the swim’s starting pistol – a duty usually carried out by his dad, Stuart, who was not well enough to attend.

Festive tunes and a lively commentary from DJ Steve Briers ramped up the atmosphere on the beach and swimmers emerged from the sea to be presented with commemorative medals and warm up with hot soup donated by the Giltar Hotel and served up by Tenby and District Lions.

‘Taking the plunge’ at a festive swim in Wales this morning meant more than just a dip in the sea for one happy couple.

As hundreds of Boxing Day bathers at the legendary event in Tenby dashed for the water, a magical moment was happening between Victoria Tansey and Philip Frith.
Philip, 34, went down on one knee on the sand and asked Victoria, 37, to marry him.

Fortunately, she said an ecstatic ‘yes’ to the carefully-planned proposal, which saw the couple’s special song Ocean Eyes y Billie Eilish sound out over the beach as the newly-engaged couple celebrated with a splash in the sea.

As a former Royal Marine Philip – who is now a Brazilian Jiu Jitsu coach – has faced some scary situations in his life but the Boxing Day proposal was up there with the most nail-biting.
“I’ve been so nervous/special moment.

Victoria, originally from Hakin, Milford Haven in Pembrokeshire, worked as a professional dancer – appearing on the X Factor, Britain’s Got Talent and Pineapple Dance Studio: Survival of the Fittest -and before setting up her own entertainment agency.

Although now living in Guildford with Philip, she has always loved returning to her Pembrokeshire roots

“When we first met, Victoria couldn’t wait to show me all around Pembrokeshire and we have made the trip as often as work would allow us, to visit her family, go beach hopping and take in the breathtaking scenery,” said Philip.

“I absolutely love sea swimming, I believe that it is so worthwhile for your body and mind, however Victoria has never been one to enjoy the cold!

“So, on our first Christmas together as a couple, Victoria surprised me by taking me to Tenby for the Boxing Day Swim – it’s honestly one of my most fond memories from the start of our relationship!

“I wanted to return her the favour of surprising her by proposing to her at this year’s swim.”

Victoria’s mum and her childhood best friend , Sean Griffiths – who she set up Milford Haven’s Unison Dance Group with in 2004 –were on the beach to watch the proposal, with Sean bringing along the engagement ring in his pocket to fellow swimmers crowded round to congratulate Victoria and Philip, and swim chairman Sam Skyrme-Blackhall laughed: “Well, we said ‘come to the Tenby Boxing Day Swim and take the plunge’ but we weren’t expecting that! Congratulations to the happy couple”.

Charity

Letterston dog show raises over £750 for local charities

Published

1 day ago

December 25, 2024

Tom Sinclair

ON SUNDAY (Dec 22), Letterston Ring Craft successfully raised £755.55 for two Pembrokeshire-based charities during a fun dog show event. The funds were equally split between South Pembrokeshire Cat Rescue and Letterston Memorial Hall.

The event featured a variety of well-attended classes, including child handling and fancy dress, drawing participation from dog enthusiasts of all levels.

This fundraiser marked the first charitable event supporting South Pembrokeshire Cat Rescue. Founded and managed by Lizzy Austwick, the rescue organisation aids unwanted, feral, and sick cats across Pembrokeshire and responds to urgent cases in Carmarthenshire and Ceredigion. The rescue provides neutering support for stray and feral cats, directs owners to available resources, and specialises in helping stray cats with severe injuries, raising essential funds for their care.

For assistance, Lizzy can be contacted via the rescue’s Facebook page or at 07575 131443.

Letterston Ring Craft welcomes new members interested in training and showing their dogs, from local companion shows to prestigious events like Crufts. The club meets every other Sunday in Letterston, and further details can be found on their Facebook page.

Looking ahead, the next fun dog show is scheduled for early next year and will support Belle’s Story Charity. For more information or to get involved, contact Gentle Lowe at 07956 653401.

Charity

£3,800 donated to services across Withybush Hospital

Published

1 day ago

December 25, 2024

Tom Sinclair

THE CAMROSE VINTAGE WORKING DAY team has donated £3,800 to services across Withybush Hospital.

Their 37^th annual event raised a record breaking £25,000, which has now been distributed among 26 local charities.

They donated the funds to the Stroke Ward, Specialist Respiratory Team, Chemo Day Unit and Heads Up! Hair Loss Initiative at Withybush Hospital. Each service received £950.

The Heads Up! initiative provides a person-centred, holistic hair loss service for cancer patients. It brings together healthcare and haircare professionals from local communities to give patients the knowledge and products needed to manage their hair loss with dignity and choice.

Katie Hancock, Fundraising Officer, said: “Thank you to Andrew, the team and the supporters of the Camrose Vintage Working Day for your generosity once again. Your donation to each service is amazing and will make a big difference. We are hugely grateful for your wonderful support.

“The support of our local communities enables us to provide services over and above what the NHS can provide in the three counties of Hywel Dda and we are extremely grateful for every donation we receive.”

Pictured above: Andrew James, Chairman of Camrose Vintage Working Day with Withybush Hospital staff from the Stroke Ward, Specialist Respiratory Team, Chemo Day Unit, Heads Up! Hair Loss initiative.