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:
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Milk up more than 5p a pint from today
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