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At the ABCUL Annual Conference in March, our flagship young professionals development programme celebrated the graduation of its fourth cohort of participants brining the total number of participants to complete CU Futures since its inception to 49. Each year candidates work on a group project to address a challenge facing the credit union sector. After much debate the winners were Hannah ...
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Scottish Parliament Committee calls for significant changes to Protected Trust Deeds The Scottish Parliament’s Economy, Energy and Fair Work Committee has published a report calling for the Scottish and UK Governments to act to address serious problems in the Protected Trust Deed market. The Committee launched an inquiry into the debt solution earlier this year, and heard evidence from ...
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Credit unions are proving themselves to be an essential frontline service for struggling local communities in the Covid-19 pandemic says Chief Executive of Wolverhampton City Credit Union. Rob Shearing said staff and directors of the not-for-profit community bank which serves people who live or work in a WV postcode area had managed to ‘keep the ship afloat’ under the most difficult circumstances ...
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Back in March, ABCUL members spent a week in London and Manchester, learning and networking with fellow young credit union professionals from Britain, America and Brazil as part of a global Young Professional Exchange week.  Following several days of motivational exchange in London and Manchester, participants on the program attended, ABCUL’s Young Professionals Network event at the ABCUL Annual ...
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Halton Credit Union (HCU) has positive reasons to reflect on what has been a great year of development. HCU’s plan is to increase organisational stability through the development of a robust business model that can ensure its ambitious plans for growth alongside  its response to social and economic exclusion in the community. In its Annual Report, Chair of Halton Credit Union, Steve Howarth ...
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As a financial co-operative, Metro Moneywise Credit Union is committed to making it as easy as possible for its members and partners to reap the rewards of credit union membership. It has most recently launched a new website as the credit union continues to enhance its digital service to members. “In the digital age, where so much of what we do is online, we understand that a key part of that ...
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Plane Saver Credit Union has donated £5,000 to its charitable partner, Friends of Plane Saver Credit Union to enable it to support key charities providing essential services to communities across the country at this time. “We know these organisations have all seen huge increases in demand for services from the communities they support and we wanted to increase them to meet this by providing a ...
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International Credit Union (ICU) Day celebrates the spirit of the global credit union movement. The day is recognised to reflect upon the credit union movement's history, promote its achievements, recognize the hard work and share member experiences This year’s theme, 'Inspiring hope for a global community’, was chosen by the World Council of Credit Unions (WOCCU) in collaboration with US sector ...
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  Pioneer Mutual Credit Union have a reputation for supporting its members through the good times and the bad, and COVID19 is no different, and that’s all part of the credit union difference. In response to the pandemic Pioneer Mutual have reduced their secured loan rate from 12.7% to 6.2%, enabling members to access affordable loans with flexible terms while leaving their savings intact as ...
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Clockwise is delighted to announce its recent introduction of real-time payments for all Clockwise members. In partnership with a leading challenger bank, Clockwise has built the integration in-house using the Banks APIs, enabling access to the Faster Payment and BACS payment schemes. Each member account is allocated their own individual sort code and account number. Using the Clockwise App ...
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East Sussex Credit Union has launched interest-free Tide-Over crisis loans in partnership with Sussex Crisis Fund &  Devonshire West Big Local, for people struggling financially during the coronavirus lockdown. The Tide-Over loans are being funded by grants from the Sussex Crisis Fund administered by the Sussex Community Foundation, to offer loans to residents across East Sussex, and Devonshire ...
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Householders are being warned to be on their guard against unscrupulous loan sharks who may try to exploit the coronavirus outbreak and prey on people’s financial worries. The credit union's Business Development Officer, Steve Barras said: “Just Credit Union works closely with the illegal money lending team to raise awareness of the dangers of loan sharks and we are keen to support their latest ...
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