Plans for a Manx credit union will be unveiled on Monday at a Positive Action Group meeting.
Credit unions are non-profit member owned community organisations typically offering savings accounts and small loans from pooled deposits.
An expression of interest campaign will also be launched to test public demand for the service.
Chairman of the Manx Credit Union Party David Talbot told us why members feel it’s needed:
Wasps going on in Pulrose
People are being warned to steer clear of a giant swarm of wasps in Douglas.
Port Erin Tesco opens on Thursday
A supermarket in Port Erin will reopen under its new owners this week.
Deal Or No Deal presenter on the Island
Former radio and TV presenter Noel Edmonds has been spotted on the Island.
Commissioners ‘lamppost gate’ complaint maladministration
The Tynwald Commissioner for Administration has ruled Ramsey Commissioners taking too long to reply to a complaint as ‘maladministration’.
Mobile library adds Laxey to its route map
A new stop has been added to a mobile library's bus route.
Cosmo fundraiser hits £1,000 target
A fundraiser in memory of one of the Island's most famous cats has hit its target.
Burst water main closes street
A burst water main has shut a street in Peel today.
Local artist's works featured on new stamp set
Isle of Man Post Office will issue six stamps based on a Manx artist's work.
