News items Community Blog

ABCUL is delighted to add President and CEO of the World Council of Credit Unions, Brian Branch to its agenda for next month’s ABCUL annual conference 2020. Brian Branch was appointed in President and CEO of WOCCU in 2011 and has worked at World Council since 1990 and has been engaged in development fieldwork, research and implementation for more than 30 years. “On behalf of everyone at ABCUL ...
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First Rate Credit Union members gathered last week, for its 2020 Annual General Meeting. The meeting heard reports from Chairman Martin Newton, Treasurer Steve Cameron approve a recommended return to savers of a 2% dividend, a market-leading return on comparable easy access savings accounts. The meeting heard of a successful year of consolidation for the credit union, increasing its lending ...
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Finance Officer at Enterprise Credit Union, Kieran Hughes has recently published a blog piece about his development in the credit union sector, since participating in the Credit Union Foundation’s, CU Futures programme. “I’ve been involved in the credit union movement since back in 2009, shortly after graduating from full time education. From now to then, there’s been so much change in the credit ...
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Police Credit Union’s umbrella brand, ‘Serve and Protect Credit Union’, has recorded a monthly lending record of £3,113,021 in January 2020. This represents a 35% increase on January 2019 and a £565,894 improvement on the credit union's previous lending record of £2,547,127, which was set in October 2019. “Our performance in January 2020 is further evidence of our increasing level of support ...
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Salford Credit Union has invested in new online services for 2020 to compete with high street banks and payday loan companies. As part of its partnership with credit unions from across Greater Manchester, Salford Credit Union is one of the few credit unions who have been awarded to participate in HM Treasury’s and Nesta’s , Affordable Credit Challenge . The Affordable Credit Challenge is ...
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Bradford District Credit Union is going hi-tech with its new innovative training event on ‘Safer Internet Day’, under the banner of the Anti- Poverty Events Group. In partnership with Big Local - professionals and others who work with vulnerable people will be shown how to help clients keep safe online, and recognise fake news and scams. There will be workshops on cybersecurity, Health and ...
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Last weekend, over 70 credit union professionals from across the North West met in Blackpool for the largest Forum event in its calendar. The conference aims to bring together people working for credit unions at all levels to discuss common issues, share best practice and attend different seminars and lectures on topics which will help us to improve the service we provide to account holders. ...
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Last week, Commsave Credit Union celebrated another highly successful year at their Annual General Meeting. A total of 177 members were in attendance to hear from the Board of Directors and senior staff about Commsave's performance. During the year ending 30 September 2019, the Credit Union saw total loans and savings grow by 17% and 19% respectively. Members present at the AGM agreed to the ...
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  A new report is calling for further support for co-operatives in Greater Manchester to ensure the city-region stays at the forefront of co-operative development and bring even greater economic benefits to the local community. The report is the work of the Co-operative Commission , announced in the summer of 2018, by Andy Burnham, Mayor of Greater Manchester, and tasked with developing a policy ...
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This week the Money and Pensions Service (MaPS) announced its ten-year strategy to improve financial wellbeing in the UK. As reported by MaPS this week, 11.5 million people in the UK have less than £100 in saving to fall back on, while nine million people said they often use credit cards and payday loans to meet essential weekly food and energy bills. MaPS has set out its ten-year plan to improve ...
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The faith-based credit union is celebrating forty years of service to its members this year and to mark this special landmark, Chief Executive of Pentecostal Credit Union (PCU), Shane Bowes is spearheading a number of celebrations including a reception at the House of Commons. Speaking this week to Inspire Magazine, Shane said: "The PCU is proud of its many achievements during the past 40 years. ...
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Last week, the Centre for Community Finance Europe welcomed credit union members and guests from Britain and Ireland to kick off 2020, for its third conference in Manchester. Almost 100 delegates from over 50 organisations from Britain, Ireland, Romania and the USA came together to explore the theme of 'Serving the needs of members today and tomorrow’. A diverse range of speakers presented ...
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