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This week on a trip sponsored by Citi, ABCUL credit unions traveled to Los Angeles for the largest gathering of community development credit unions in the US. The conference brings together industry leaders from across the US community development credit union sector. In previous years Citi has funded ABCUL credit unions to attend conferences in Detroit, Dallas, St Louis and Florida.  Socially ...
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On Tuesday the Scottish Parliament debated the Scottish Government’s recent commitment to launch a £10 million Credit Union Investment Fund, which we recently reported. You can watch the debate in full here. The debate, tabled by the Government, noted the contribution of the 90 credit unions in Scotland, and welcomed the commitment, alongside a new strategy for the sector. A an amendment ...
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This week, the CU Futures Class of 2020 continued their progression through the programme with a two-day event hosted by Lloyds Banking Group in London. ABCUL’s Head of Member Services, Rosanna Donovan travelled with the group and said: “I’m very proud of this year’s class in the progress they’ve made so far. Every year the CU Futures programme is filled with enthusiasm and it is no different ...
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In the last week, ABCUL’s Town Hall Consultation events have visited Taunton, Cardiff and Birmingham. A total of 66 credit union professionals from 46 credit unions attended three different town hall events in the space of seven days, ABCUL Chief Executive, Robert Kelly described as “a great experience for me and the ABCUL staff. Despite each region  having its own local identity as a credit ...
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Last week, Chesterfield & North East Derbyshire Credit Union (CNED CU) celebrated 21 years of service to its community. It has been a year of importance for the credit union, following a recent office move to expand services to members, a change in leadership and also reaching the milestone of 5,000 members. Over 75 guests attended the special event last week, with a mixture of the credit ...
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Last week, in Birmingham, 24 credit union staff members and Directors from across England, Scotland and Wales, attended the annual ABCUL Forum Officers’ Conference. ABCUL’s strategy for Forums for the last three years has been to provide greater support to enable volunteer Forum Officers’ to work together to deliver consistent, quality events for members across the 9 national and regional Forums. ...
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  ABCUL has welcomed the Scottish Government’s commitment in this week’s Programme for Government to launch a £10 million Credit Union Investment Fund, which aims to assist credit unions to grow and help more people save and borrow. The announcement states that the fund will be launched in the Spring of 2020. The Government also commits to developing a national strategy to aid the growth of the ...
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Plane Saver Credit Union, one of the largest credit unions in the UK, has just announced it has hit 15,000 active members. Plane Saver has been helping its members since 1993, providing financial services to employees of organisations including British Airways and the Ministry of Defence. With now over 15,000 members, Plane Saver has seen record membership growth in this year across its payroll ...
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Last week, ABCUL's North West Forum participated in a one-off training event delivered by Barclays, in Manchester city centre. "It was fantastic for us to be able to share our knowledge and expertise with local credit unions as we see the huge value and importance they provide to our local communities," said Branch Manager at Barclays and Director of Cashbox Credit Union, Ben Goodwin. Sessions ...
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The St Albans District Credit Union has recently secured a grant of £10,000 from National Lottery Lotteries for All, to be used towards the costs of relocating its office within St Albans. "We are delighted to receive this grant which will greatly assist our move. It will further our growth and development, whilst extending credit union services in the community" says Chairman, Colin Metcalfe. ...
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Over the past two weeks, the hugely successful television series, ‘A Matter of Life & Debt’ returned for its third season, airing on prime time BBC One. A Matter of Life and Debt explores the important and life changing work carried out by credit unions up and down the country. The series tells the story of credit unions and some other community lenders, through the eyes of the staff and ...
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This week in Glasgow, a total of 92 people from 36 credit unions attended the third ABCUL Town Hall Consultation event. “I was immensely proud to host ABCUL’s third Town Hall Consultation event, in my home city of Glasgow, earlier this week. Being part of Scotland’s credit union sector, for the past 15 years, I have a clear understanding and awareness of the challenges and dilemmas facing Scottish ...
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