News items Community Blog

This week, 17 credit union professionals graduated from Credit Union Development Education Europe. Graduates made the journey to Edinburgh from England, Scotland, and Africa, participating in a six-day course providing an insight into the cooperative principles, the credit union movement philosophy and international development issues which challenge credit unions today. “We would like to thank all ...
0 comments
In response to the increased cost of living impacting the country, Wave Community Bank have provided its members with useful information in the form of financial webinars to help members make the most of their money. The financial webinar is part of a series of training materials that Wave Community Bank provide free to their members to help improve their wellbeing and reduce financial stress at ...
0 comments
Due to its location and tropical climate, Puerto Rico is regularly exposed to hurricanes. A week ago, forecasts indicated that Tropical Storm Fiona would pass across the southern end of Puerto Rico. Its 92-member cooperativas (credit unions) activated their contingency plans and prepared their operations to ensure business continuity. As Fiona slowly leaves the region, the country begins to take ...
0 comments
The latest data from the Bank of England for the first quarter of 2022 finds that 1.93 million people in the UK are now members of a credit union, an increase of more than 22,000 compared to the same period last year. As well as growing membership in the UK, credit unions are also loaning record sums to members with total borrowing surpassing £1.79 billion in Q1 2022. It marks an increase of £197 ...
0 comments
Over 40 staff and volunteers from across the East and West Midlands Forum areas met together in Coventry, last week for the inaugural joint ABCUL’s East and West Midlands forum conference. ABCUL's Members' Relationship Manager, Jake Hatch also attended the training event, Jake said: "This was a fantastic event, and I am thankful to all organisers for delivering a very relevant and engaging event.” ...
0 comments
Clockwise operates a Community Grant Scheme that awards local groups and individuals grants for a whole range of items that ultimately benefit the community the group/individual works to serve. In August, Clockwise donated £500 to voluntary-led organisation, Girlguiding Birstall Leicestershire . Girlguiding is a volunteer led organisation providing a variety of activities for girls and women aged ...
0 comments
This week, in the House of Commons, MP’s gathered to discuss the proposed Financial Services and Markets Bill, which will enhance the competitiveness of the UK financial services sector, and includes draft legislation to reform the Credit Unions Act 1979. Throughout the debate, there was calls by MPs from across the country, in favour of the bill and urging Government to provide more support to the ...
0 comments
Nominations are now being taken for the annual Engage ‘Unsung Hero Awards’. The awards are open to all credit unions in the UK and Northern Ireland and are a opportunity to recognise the efforts of those behind the scenes; the front of house staff, the admin teams, the volunteers etc., all of whom work tirelessly for their credit union and its members. Winners will receive an Unsung Hero Award and ...
0 comments
Bradford’s Credit Union has been praised internationally for its work in helping to tackle the cost-of-living crisis. Started by Bradford Council in 1993, BDCU has just past 9,000 members who save and borrow safely. Scott Butterfield, who works with over 200 credit unions across America, visited Bradford to see these partnerships. He said: “BDCU has built the partnership networks to create a ...
0 comments
Penny Post is a Black Country Chamber 2022 Awards finalist in 2 categories – Small Business of the Year and Third Sector Business of the Year. “We’re delighted to be finalists in 2 categories at this year’s BCCC Awards” says Penny Post CEO, Matt Goulding. “To once again be a finalist at these prestigious Awards is a great achievement and something we are very proud of, especially as there were a ...
0 comments
Serve & Protect Credit Union (CU) has become the latest justice sector partner to sponsor the inaugural Inspire Justice Awards , delivered by Skills for Justice. Shining a light on the wider justice workforce, which includes police staff, call handlers, custody & detention staff, prison administrators and more, the Inspire Justice Awards is the first awards programme of its kind. ...
0 comments
Last month, the staff team at 1st Class Credit Union, raised under £3,000, climbing Ben Nevis to help raise awareness and funds for Acute Lymphoblastic Leukaemia (ALL) Charity and for The Queen Elizabeth University Hospital for Sick Kids in Glasgow. “We want to say a huge thank you to everyone that donated to our cause,” says CEO of 1 st Class, Gayle Adnyana. Most cases of ALL develop in children, ...
0 comments