Somerset Savers

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Welcome to a new era of financial empowerment for Somerset! Here at our Credit Union, we understand the unique challenges our community faces. Somerset is a place of great beauty, but also one where the rivers can rise unexpectedly, causing chaos and disruption. Just as we have adapted with fords, stepping stones, and bridges to cross these rivers, we aim to create financial solutions that help our members navigate their financial journeys without falling 'out of their depth in debt.'

Inspired by the words of Desmond Tutu, "There comes a point where we need to stop just pulling people out of the river. We need to go upstream and find out why they’re falling in," our mission goes beyond mere rescue. We want to address the root causes of financial struggles and build strong, supportive bridges to financial inclusion for everyone in our community.

Why This Matters
In Somerset, many of us have experienced the anxiety of living paycheck to paycheck, the stress of unexpected expenses, and the frustration of being excluded from mainstream financial services. This exclusion can lead to high levels of debt and a cycle of financial instability. At our Credit Union, we are dedicated to breaking this cycle and creating a future where everyone has the tools and support they need to thrive financially.

### Our Approach
We believe in the power of **Solution-Focused Therapies**, **Behavioural Economics**, and **Timely Nudges**. Here's how we embed these values in our products:

1. **Solution-Focused Savings Accounts:** Our savings accounts are designed to encourage regular saving, no matter how small the amount. By setting personalized savings goals and offering rewards for meeting them, we help our members build financial resilience step by step.

2. **Behaviourally-Informed Loan Products:** Our loan offerings are crafted with the principles of behavioural economics in mind. We provide clear, transparent information and offer flexible repayment plans to ensure our members can manage their loans effectively and avoid falling into unmanageable debt.

3. **Nudges and Alerts:** We send timely nudges and alerts to help our members stay on track with their financial goals. Whether it's a reminder to save a little extra this month or a heads-up about an upcoming bill, these small prompts make a big difference in helping our members maintain control of their finances.

### Our Commitment
We are committed to being more than just a financial institution. We are a trusted partner in your financial journey. We are here to provide support, guidance, and the resources you need to achieve financial stability and success. Our products are designed with your best interests at heart, ensuring that every member of our community has the opportunity to build a secure and prosperous future.

### Join Us
Together, we can bridge the financial inclusion gap and empower individuals and communities across Somerset. Join us in creating a brighter financial future for all. Let’s build those bridges together and ensure that no one in our community is left out or left behind.

Welcome to your Credit Union – where we believe in you, your potential, and your right to financial empowerment.

**Empower yourself. Empower your community. Let's cross this bridge together.**