BURNLEY businessman David Fishwick has taken his “Bank of Dave” vision right to the heart of Government.
The local entrepreneur, who runs David Fishwick Minibus Sales, got the chance got the chance to speak about his pioneering community banking model in the House of Commons.
The self-made millionaire, from Sabden, went to Westminster to meet top politicians and gather support for his Better Banking for Britain campaign.
The 41-year-old, who opened Burnley Savings and Loans in Keirby Walk last year, took his ideas to Parliament in a bid to change banking in Britain forever.
He wants to see hundreds of similar “Bank of Dave” ventures opening up in towns and cities across the country to support local businesses and savers.
As part of his campaign, Mr Fishwick addressed MPs, academics, Lords and city banking figures as keynote speaker at an All-Party Parliamentary Group (APPG) meeting into banking and finance.
The “Bank of Dave” model, which he pioneered in Burnley, gained cross-party support and could help change banking regulations under the new Financial Services Bill.
He said: “It was a very surreal moment with the MPs. I was talking about Burnley and what we have done in Burnley and across Lancashire.
“They were very, very impressed with how it has been done, the people we have helped and how they have benefited from it. We had support from right across the three parties.
“They are really taking it seriously now – we have really touched a nerve with this.
“To be taken so seriously so quickly and in such a short period of time is a very powerful thing. They are the most powerful people in the country to get changes in banking.”
Mr Fishwick and his team put together a paper on “Bank of Dave” which was given to MPs and key figures putting together the Finance Bill.
He said: “I told them that my ultimate goal is to see a Bank of Dave in every town and city across the country.
“I hope we will get massive change. I hope we will see a real benefit. I cannot promise that they will implement it or take in on board, but just to put something into the Finance Bill is a big thing and I am incredibly proud of that.”
Burnley and Padiham MP Gordon Birtwistle was at the APPG meeting to see Mr Fishwick speak.
He said: “He put on a great show. He was very good and very positive but he was also listened to. There were a lot of good questions that were put to him. A lot of the committee members were very interested to hear what he had to say. The APPGs are very influential.
“They will pick up on his views and run with it. They will push the Government to see if they can get it implemented.”
Speaking about the “Bank of Dave” model, he added: “I think it is a great idea. It is a great idea that has been pioneered in Burnley.”