Page last updated at 14:09 GMT, Thursday, 16 July 2009 15:09 UK

Lottery cash credit union to move

A Berkshire credit union awarded £52,000 from the National Lottery is set to move into its new building.

Reading Credit Union was allocated the cash last December after applying for a share of £5.5m from the People's Millions Big Lottery Fund to move home.

The savings charity said hundreds of residents nominated it to get cash from the scheme, set up to improve the quality of life within communities.

From 23 July, it will be based at London Street in the town centre.

The credit union has been based in East Street since it was established in 2007, but a more central location was being sought to make it "easier for residents to visit".

Stephen Magee, Reading Credit Union chairman, said: "We are immensely grateful to all those that made it possible and look forward to seeing them in our new home and to being the best place in Reading for savings and loans for all the community."

The People's Millions Big Lottery Fund awards up to £50,000 to 89 organisations each year.

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