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This week, ABCUL Chief Executive, Robert Kelly attended the annual Georgia Credit Union Affiliates Conference. Robert spent time with credit unions from across the state of Georgia learning from their experiences of co-operation, innovation and change to meet members’ expectations. Since establishing a formal World Council International Partnership with GCUA in 2016, ABCUL and its members have ...
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In recent years ABCUL has strengthened the offering of its member Forums to bring additional value to credit unions. Last weekend, members of the ABCUL North East & Yorkshire Forum sponsored a special training event to share and learn more about ‘Good Governance’. Members shared their learning, experience and challenges of governance among each other in a session facilitated by Nick Money ...
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Discovery Credit Union has released its new mobile app, ‘Money Matters Quiz' this week as part of National Numeracy Day. The app , aimed at 11-18-year-olds, will help young people learn about money management and good savings habits. Players can earn monetary rewards for each successfully-completed category, which will be deposited into their Discovery Credit Union account. Councillor Kevin ...
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Clockwise Credit Union has launched a co-ordinated social media campaign to highlight the importance of credit unions for anyone in society. Although the number of adults in the UK without a bank account has dropped to 1.2m, a recent report by Pockit (online current account provider) found that on average those who do not have their own bank account paid £485 a year more for basic services, ...
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Lincolnshire Credit Union will benefit from extra financial support through Lincolnshire Co-op’s Community Champion Scheme. Alongside several financial wellbeing groups, the credit union will share a total of £147,000 to bolster the work of those that care for the financially disadvantaged. The Community Champions scheme is one-way Lincolnshire Co-op gives back to the local community. Since ...
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Carntyne and Riddrie Credit Union is breaking down barriers of how people across the city access food banks. Eight years ago, General Manager of CRCU, John Lyons felt it his duty to help those communities who struggled to afford its basic needs of access to food.  He went onto form Glasgow’s first non-referral food bank. John explains “We used to collect food and take it to a local food back ...
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Founder of First Rate Credit Union, Les Walker has retired this week after 37 years of service to the credit union sector. Operations Manager, Mike Barry describes this as an “end of an era” for First Rate Credit Union. Les has been with First Rate its entire existence, helping to set it up as a volunteer from 1 hangar at BAE Systems’ Warton location back in 1982, when the collectors would ...
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Police Credit Union is fast approaching the 30,000 member milestone and has also seen nearly £12m in loans issues in the last six months. With continued pay challenges within the public sector and increases in the cost of living, Police CU are seeing more record numbers turning to the credit union as they look to prepare for their financial future. In the last six months, over 2000 members have ...
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Last month, the volunteer-based credit union, St Albans District Credit Union hit the £1m milestone in saving deposits. Chairman of St Albans, Colin Metcalfe said: “Whilst this is a significant milestone for our credit union, it does very much reflect the area that we serve, and we continue to actively seek loans to balance the savings of our members.” The financial year showed a marked increase ...
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Merthyr Tydfil Borough Credit Union is celebrating 20 years of providing a valued service to thousands of people in communities across the Valleys region. As their 20 th anniversary approaches, MTBCU Manager, Delyth Shearing said that many people’s lives have been improved since they became members. “Since our launch in Pontmorlais back in 1999, we’ve arranged more than 15,000 ...
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Smart Money Cymru Credit Union is launching a new marketing campaign, to raise awareness of the credit unions services. The Welsh credit union has joined forces with the Wales Illegal Money Lending Unit (WIMLU) to highlight its loan products as an alternative to borrowing from illegal or high interest  money lenders.  SMCCU partnership with WIMLU has strengthened following an increase ...
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Green MSP, Ross Greer has put forward a parliamentary motion to recognise an Innovative Schools Project, in which 1 st Alliance (Ayrshire) Credit Union is involved in. The project, in partnership with 1 st Alliance Credit Union, was launched back in March as part of the Innovative Schools Project – involving Developing Young Workforce (DYW) Ayrshire and The Prince’s Trust Scotland.  ...
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