Oxford Credit Union set to go county-wide
Oxford's credit union is set to expand to offer services county-wide, if new plans are approved.
The organisation, which currently has about 1,000 members, is awaiting approval from the Financial Services Authority (FSA).
Credit unions are not-for-profit co-operatives in which members' savings are used to provide loans.
A spokesman said the expansion across Oxfordshire would be "gradual" and, if approved, could begin in September.
The Oxford union, which was set up in 2006, has £300,000 in assets and £200,000 in loans at any one time.
Oxfordshire currently is one of four counties in England without a county-wide credit union service.