Information Guides

This is the section where you can find guides and information about a wide range of issues about running your credit union.

Deposit Accounts and Investment Management Providers

Credit Union Deposit Accounts and Investment Management Providers This guide lists the business savings accounts which our research suggests are open to credit unions, detailing the deposit terms and the...

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Business, Regulatory & Legislative Status

As co-operative and democratic organisations credit unions are governed by their constitution. These guides aim to answer your queries and questions on constitutional issues and registration processes.

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Compliance

Credit unions have a duty to comply with a range of regulatory and legislative requirements. The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) regulate the operations of...

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Credit Union Members

This is sometimes called the common bond. The credit union must define its criteria for membership and register that with the Financial Conduct Authority (FCA) in its rule book. As...

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Credit Control

Lending is an essential part of every credit union’s business but it is also one of the biggest risks that a credit union takes. Every pound that the credit union...

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Financial Management

An understanding of planning, budgeting and management information is essential to both elected members and financial managers. These guides aim to inform you of the many issues surrounding financial management...

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Governance & Leadership

Credit unions as co-operative organisations see strong governance as central to the organisation. Accountability to members, community, funders and other stakeholders is an important feature in safeguarding the credit union...

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Lending

Along with savings, lending is the most important part of the core activity of a credit union. Interest from loans generates income for the credit union

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People & Management

Leading people to success is important, but leading them and ensuring that our staff and volunteers are treated fairly and equitably is vital.

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Savings & Payments

The credit union should offer as wide a range of savings products as possible to serve a broad membership. Basic savings accounts offer a way into the financial mainstream for...

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Suppliers

These guides aim to inform you of your options when seeking to engage new suppliers for products and services. Credit unions should always perform their own due diligence and ensure...

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