Cardiff Council has been acknowledged for its commitment to the financial wellbeing of its

workforce at the Credit Unions of Wales awards.

The Council was presented with an award in thePayroll Partner (Public) category, which recognises those employers who are committed to the payroll partnership scheme, at a ceremony at the Pierhead Building, Cardiff Bay earlier today.

The Council was among a number of organisations nominated for the award including Wrexham Council,Aneurin Bevan University Health Board and Torfaen Council.

The Councilhas consistently proved to be an example of best practice in terms of promoting the use of the local credit union, Cardiff & Vale Credit Union, to encourage financial wellbeing not only in the workplace, but across the city.

Cardiff & Vale Credit Union was established in September 1996 as the South Glamorgan County Council Staff Credit Union and has continued to develop a strong and lasting partnership with staff and the authority. The Council has provided ongoing support to enable the Union to expand its services, including growing the number of school savings clubs in the city, local services in community hubs, incentives for tenants to save and access affordable credit and the payroll scheme for staff.

Cabinet Member for Finance, Modernisation and Performance, Cllr Chris Weaver, said: "We're delighted to accept this award from the Credit Unions of Wales. As a Council, we recognise the valuable work and services that the Cardiff & Vale Credit Union undertakes across the region in tackling poverty and it's a testament to the quality of the services they provide that there are now over 7,500 members, almost 2,000 of whom are Council employees.

"The Credit Union movement undertakes some really valuable work across Wales and we are looking forward to continuing to work closely with Cardiff & Vale Credit Union in the future to address poverty, high interest rates and make the Cardiff economy more inclusive."