Take a moment to watch the video above and hear Henry’s inspiring story about how Serve and Protect Credit Union helped him find financial stability during his time in the Royal Navy. Or, if you prefer, keep reading to learn how we made a difference in his journey.
Joining the Royal Navy in January 2021 marked a major life change for Henry. After completing phase one and two of his training, he moved from Coventry to Portsmouth to begin his new chapter.
While the Navy offered incredible benefits, adjusting to a reduced income compared to his civilian earnings was initially challenging. At the time, Henry was juggling the cost of living in the UK, paying rent alongside other expenses, and supporting his family back home in Ghana. With accommodation costs, his children’s school fees, and building projects to maintain, the financial strain started to weigh heavily. He needed help, and that’s when a casual conversation with a friend took an unexpected turn.
During a relaxed discussion with friends, one of them asked Henry if he had heard about Serve and Protect. Intrigued, Henry listened as his friend explained the benefits of the credit union. After his friend’s recommendations, Henry put in his first loan application to Serve and Protect, and he quickly got the help he needed, which allowed him to provide accommodation for his family and pay for his kids’ school fees.
“It was a lifesaver because it was a moment when I was really going into financial challenges. They were actually there at the time I needed them the most.”
Loans played a big role in helping Henry tackle financial challenges, but he also values the extra perks of being a Serve and Protect member – like being able to save a little from his pay cheque each month.
“The best thing about being part of this wonderful credit union, I would say, is that they have good savings packages for you. Apart from your monthly [loan] repayment, they also give you an option where you can choose to do a monthly savings [amount]!”
Serve and Protect Credit Union makes finances simpler so you can focus on your commitments, whether you’re on the frontlines, at home, or abroad. Want to get started? Sign up for free.