News items Community Blog

The Board, staff and members of ABCUL are deeply saddened to hear of the passing of CEO of Crownsavers Credit Union, Dolores Beckford after a short illness.   In a statement on Crownsavers' website, a spokesperson said: “Dolores has been an integral part of the Crownsavers organisation since its foundation and a hugely popular figure in the local community, and she will be sorely missed by ...
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In a recent interview, South Manchester Credit Union CEO, Sheenagh Young tells ‘Open Up’ Magazine about the importance of supporting local economies and building financial resilience.   Last year, South Manchester Credit Union worked as part of the Greater Manchester Consortium of credit unions to deliver a £15m fund to lend to those struggling financially, supporting local economies, and ...
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Just Credit Union has announced its support for a new Stop Loan Sharks app as it warns residents to ignore approaches from illegal money lenders to deal with Christmas debts.   Just Credit Union says the new app, launched by the England Illegal Money Lending Team , includes a contact form and phone number to report loan sharks.   The app, which also has information to help victims ...
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This week, the Association is delighted to announce its first ever online conference will take place on Wednesday 10 and Thursday 11 March on a virtual conference platform. ABCUL’s Annual Conference which takes place in March each year, is the largest gathering of credit union personnel in Britain. It attracts over 300 delegates and high-profile speakers nationally and internationally. ABCUL ...
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  Published last month, a new report by the Finance Innovation Lab examines the potential the UK’s purpose-driven finance sector, which incudes credit unions, has to expand. According to the research, there is space for all of the players in this ecosystem to grow, particularly by collaborating and strengthening the collective impact of purpose-driven banking. Marloes Nicholls, Head of ...
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As the year edges closer to 2021, ABCUL Chief Executive, Robert Kelly reflects on what has been a memorable one for ABCUL and the credit union movement in Britain. How was 2020 for ABCUL and the wider credit union sector? A clear highlight for the sector came in March, following the announcement in the UK Budget that Government will bring forward legislation enabling credit unions to provide ...
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Like many organisations across the country, ABCUL closed its office in March 2020 and moved to remote service delivery and this has continued ever since. As the situation changed rapidly ABCUL produced a dedicated page for members on its website to ensure they had all the latest information in once place – in the early weeks this was updated multiple times per day. To support this and to create ...
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Multiple credit unions across Britain have this year published Social Impact Reports which articulate the true value of the services they provide to their members and communities. Clockwise Credit Union reported it delivers social outcomes worth more than £10m. In other words, for every £1 invested, at least £9 as much value was created for members that experience financial exclusion.  Breaking ...
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The work of the British Credit Union Historical Society has been honoured at an online signing ceremony, as the wealth of material the society has built up over many years was handed over for safe custody with the Credit Union Foundation.  The BCUHS has transferred ownership of the considerable collection, and the website it has developed, so that it can be combined with the work of the National ...
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The World Council of Credit Unions (WOCCU) has announced that its 2021 global conference will be held virtually on 14-21 July. The event was initially due to take place in Glasgow and co-hosted by ABCUL, between 11 and 14 July, but WOCCU decided a virtual format would be more appropriate due to the Covid-19 pandemic. “In light of current health and safety concerns, the decision was unanimous ...
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This month the longest running credit union in the South West of England, Connection Credit Union celebrates its 40 th anniversary. Back in 1980, a common bond was established for Raychem employees in Swindon yet no funding was received from Raychem, but 9 volunteers put a roadshow together.  They registered under the Industrial and Provident Societies Act 1965 and 71 people joined.  Now ...
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A team of volunteer oral history interviewers are looking forward to starting the exciting task of collecting the stories of credit union pioneers from across the north of England.  The Save and Sound Project has adapted to the Covid-19 pandemic by moving online and is ready to start interviews in the New Year.  Volunteers with the Credit Union Oral History and Heritage Project, funded by the ...
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