News items Community Blog

This week marks the launch of Mental Health Awareness Week, the UK’s national week to raise awareness of mental health.   The week, which is hosted by the Mental Health Foundation, is in its 21 st year and runs from 10-16 May has been supported by ABCUL and its credit union members across the country. “Promoting Mental Health awareness is a key priority for the Association and it’s important to ...
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The Lord Mayor of Kingston upon Hull, Councillor Lynn Petrini, accompanied by Councillor Gwen Lunn, visited HEY Credit Union’s Central Office last week, to thank its staff and volunteer team for all the hard work they've done to support the people of the city, especially through the pandemic period. Steve Verity, Acting Branch Co-ordinator, received a certificate from the Lord Mayor, on behalf of the ...
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Subprime lender, Provident Financial has announced it is withdrawing from doorstep lending after 140 years. Provident has been lending and collecting repayments on the doorstep since the 1880s and, at the last count, this part of the business had about 311,000 customers. Its lending is legal and approved by the City regulator, but it has been controversial. Commenting on the decision for Provident ...
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The World Council of Credit Unions provides advocacy, development and education to champion and grow credit unions worldwide. July 2022 marks the return of this incredible conference to Glasgow. To celebrate that, the ABCUL North East, Yorkshire and Humber forum is organising five webinars with international speakers in the lead up to World Council’s flag ship event. The event was initially due to ...
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London Mutual Credit Union (LMCU) has been shortlisted for this this year’s  Financial Services Forum Awards for Innovation . In its fourth edition, the awards are run by the  Financial Services Forum . LMCU is shortlisted for Most Innovative New Product or Service, for its  Commodo card loan  product, and for Best Innovation in Financial Inclusion, for its  Family Saver Loan . London Mutual’s ...
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On October 21, 2021, credit unions worldwide will celebrate International Credit Union Day (ICU Day). This annual event raises global awareness for the credit union movement through outreach, volunteering, fundraising and other ICU Day-themed activities. “This year’s theme for ICU Day is ‘Building financial health for a brighter tomorrow,” said Ariel Bilskey, Director of Blended Learning at CUNA. ...
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Up to £5,000 can be Won Each Month with Credit Union PrizeSaver Scheme   14 ABCUL credit unions, will see a top prize of £5,000 awarded to the winning saver each month, as the Association and Fintech company, incuto team up to continue the Government’s credit union PrizeSaver scheme. With a further 20 smaller prizes of £20 also awarded, ABCUL and incuto has partnered on behalf of the sector, ...
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Bradford District Credit Union  is to create a special £2m fund to offer a new ‘Unlocking Loan’ to help new and existing customers recover financially from the Covid-19 crisis.  The Credit Union has timed the loan, which has a low interest rate to help people who have been struggling, to coincide with the proposed partial reopening of retail and hospitality. Applicants will need to be payroll scheme ...
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Two CU Futures graduates have been promoted to leadership roles at Penny Post Credit Union following an internal restructure.  Penny Post is committed to developing and investing in its staff and encouraged Jas and Hannah to apply for places on the CU Futures programme. Graduating in 2020, Jaspreet Kaur is now promoted to Operations Manager, overseeing operations across the business and is now part ...
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East Sussex Credit Union (ESCU) and Just Credit Union (JCU), has received recognition for its work in raising awareness of the dangers of borrowing from loan sharks. The acknowledgement came for its  vigorous efforts to rid the county of loan sharks has been recognised by England’s Illegal Money Lending Team (IMLT) in a certificate of accreditation. The IMLT investigates and prosecutes illegal ...
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A new initiative funded by  the Seafarers’ Charity  will provide access to a range of affordable financial services for fishing families, with  Commsave Credit Union  already on board as a partner.  The charity commissioned a report, Fishing Without a Safety Net, which found that that new interventions are needed to create a better financial safety net for fishing families.  In response, Commsave ...
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This week, over 30 credit union professionals from ABCUL’s London & South East Forum joined online for the first of a series of digital marketing webinars hosted by Zync Digital . The Forum has appointed Zync Digital Ltd, a specialist digital marketing agency working exclusively with credit unions, to provide digital marketing support to the forum credit unions. The two-hour session featured ...
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