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In an online webinar titled ‘Discussion on Leadership and Young Professionals’, members of ABCUL’s Young Professionals Network, alongside leading voices from the British and North American Credit Union movement spoke to attendees to learn about their journey in the movement. In a three-part discussion, Chair of the YPN Network, Luke McGilvray opened the webinar to talk about the journey the founding ...
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Stockport Credit Union (SCU) launches a multi-pronged initiative to help 1000s of local residents tackle the cost-of-living crisis, including £1 million available to lend. The package has been announced following the recent and alarming announcement that The Financial Vulnerability Index (FVI) has shown that Greater Manchester residents will be on the front line of the economic squeeze. SCU’s package ...
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Since expanding its services to the community in Coventry and Warwickshire, following a merger with New Central Credit Union, Clockwise Credit Union has loaned more than £700,000 to its community. The credit union has also welcomed more than 1,200 new members since the merger and as a whole has grown its membership to 22,000 members. This year, Clockwise is celebrating its 30th anniversary and ...
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This week, on a sponsored trip by Citi, ABCUL credit unions travelled to San Juan, Puerto Rico for the largest gathering of community development credit unions in the US. This year’s contingent of British credit unions included representatives of Commsave Credit Union, Hoot Credit Union and First Rate Credit Union. Attending the conference as a representative of ABCUL, Head of Member ...
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The cost-of-living crisis created a financial headache for a Lancashire health worker who was "rescued" by Clevr Money Credit Union. In a detailed account in the Lancashire Post, the credit union describes the financial crisis the member was in before turning to them for support. What was initially a small credit card debt for the care worker who wishes to remain anonymous, the scale of their problem ...
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The Pentecostal Credit Union (PCU) has launched a new member service, GiftBOX targeting the millennial market, to provide tailored services such as money masterclasses and entrepreneurial development programmes designed to help people borrow, save and learn sustainably. Initially open to 100 individuals, GiftBOX members will not only be members, but will also be invited to collaborate, ...
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Over 30 people credit union professionals from across the North of England, attended a special event to celebrate the Credit Union Foundation’s ‘Save and Sound’ history project. The Credit Union Foundation has been running the Save and Sound project, which is funded by the National Lottery Heritage Fund. It has been working to collect and preserve the memories of people who set up and ran credit ...
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This month marks a significant milestone for Voyager Credit Union, which formed part of the Penny Post Group earlier in the year, as it celebrates 30 years of service to members. Formerly registered in 1992, Greater Manchester Buses Employees Credit Union started operating and by the end of 2 weeks, 200 employees had joined as members. Quickly extended to all depots in the GM buses area, by the ...
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Wave Community Bank have been announced as a winner of the Credit Union of the Year category in the Corporate LiveWire Innovation and Excellence Awards 2022. The awards celebrate the success and achievements of leading professionals and companies who have stood out for being results driven, service focused and most importantly, taken an innovative approach to demonstrate exceptional business performance. ...
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In the past year, Bradford District Credit Union (BDCU) have made great strides to support its local communities dealing with the economic fallout of Covid-19, through exciting partnerships with like-minded organisations. Under the slogan of #StillHereToHelp, BDCU has focused on building financial resilience, bringing hope and optimism to members by helping them to navigate the pandemic, start ...
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In a special 30th anniversary year for Commsave, the postal-based credit union has more reason to celebrate after launching its new website which will improve digital services for members. Founded in 1991 to serve postal workers in Northampton, the credit union now services over 31,000 members throughout GB working for Royal Mail, employees of the UK Civil Service, various communications companies, ...
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In just six weeks, Worldwide Foundation for Credit Unions (WFCU) has raised more than $1 million for its Ukrainian Credit Union Displacement Fund. That total includes donations from more than 1,100 individuals, over 140 credit unions and dozens of credit union leagues, associations, foundations and other industry partners. “We continue to be overwhelmed by the incredible generosity of our global ...
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