Central Credit Union and Liverpool Community Credit Union have Joined Forces

Tuesday 24 December 2024

After 30 years of collaboration within the Credit Union sector, Central Credit Union (CCU) and Liverpool Community Credit Union (LCCU) are thrilled to announce its merger. Together, the credit unions aim to offer enhanced services, greater financial resilience and expanded opportunities for local communities.

The Board of LCCU has been exploring ways to expand online services and improve loans and savings products for members.

After careful consideration, LCCU determined that partnering with another local credit union would be the fastest and most effective way to achieve this goal. As a result, their members voted in favour of merging with CCU.

Eileen Halligan, CEO of Central Credit Union said: “The merger between CCU and LCCU marks a significant step in the 30-year partnership built on shared values of community support and member empowerment.

“This merger will allow LCCU members to access CCU’s comprehensive services and robust products, though full integration will require time and investment.

“For members, this collaboration means expanded access to financial products, improved financial resilience, and the strength of a larger, more advanced credit union. By unifying our resources, CCU and LCCU can better serve our communities, enhancing financial inclusion and making a more significant difference in the lives of our members while reinforcing our long-term commitment to community development.”