Plans for a Manx credit union will be unveiled on Monday at a Positive Action Group meeting.
Credit unions are non-profit member owned community organisations typically offering savings accounts and small loans from pooled deposits.
An expression of interest campaign will also be launched to test public demand for the service.
Chairman of the Manx Credit Union Party David Talbot told us why members feel it’s needed:
Azul's the squawk of the town!
A missing parrot has been returned to its owner after his adventures around Onchan!
Former TT merchandise firm applies to be dissolved
A former TT merchandise company has applied to be dissolved.
Police hunt Andreas toilet vandals
Police are investigating after a vandalism attack in the north of the Island.
57 empty council homes in the capital
Douglas Council says it has 57 empty rental properties - but more than half need work.
Keys to hear questions over housing bill
Why has a bill on housing been removed from the legislative programme?
MHK wants info about delayed ferry sailing
Arbory, Castletown and Malew MHK Jason Moorhouse will ask about a delayed ferry in the House of Keys today.
Fairy school now open!
A school for the little people is now open in Ramsey.
Keys to hear about urban 20mph limits
The House of Keys sits later, with 20mph limits, self-driving cars and immigration routes on the agenda.
