The city has been held up as an example to others for its work developing credit unions and implementing more co-operative ways of working
The city of Glasgow has been recognised by European development body URBACT for its support of co-operatives, including credit unions.
URBACT is the European programme for tackling the challenges of urban development and implements projects in many areas including social inclusion, poverty and sustainable development.
It has drawn up a list of cities to hold up as an example of good practice in specific areas, and Glasgow was one of 97 to be chosen from more than 300 submissions.
Glasgow – a co-operative city – was singled out for its work with credit unions, including offering practical and financial assistance, and the Futures Savers Programme, a partnership between 14 credit unions and 42 high schools to ensure all students entering high school could benefit from a credit union account.
Over the next year, Glasgow will be promoted at an EU level for its work in developing and implementing more co-operative ways of working and supporting the development of the co-operative and social enterprise sector.
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