Founding Members of Lancashire Based Credit Union & Pendle MP Celebrate New Branch Opening

Thursday 25 January 2024

Colne & District Credit Union, now operating as Pennine Community Credit Union following a merger, opened its new Colne branch last month with speeches from Pendle MP, Andrew Stephenson.

Assembled guests were welcomed by PCCU President Gerard Spain, who along with other dignitaries, board members and staff celebrated the growth of the credit union and toasted the future at the newly built Peter Birtwistle House branch.

Gerard provided a timeline of its development and explained how the branch located at 25 Market Street will provide a headquarters for the expanding digital team, running the 24/7 online accounts and secure Nivo app, but it will also provide a hub in the centre of the community for account holders to visit. “As we open this much needed bigger branch today, PCCU has £15m in assets which is phenomenal,” said Gerald.

Pendle MP Andrew Stephenson delivered the final speech of the evening before a toast was raised. Andrew said: “It is great that the credit union is the anchor tenant at this prominent high street development. I joined this credit union 11 years ago when I became the MP for Pendle. I have been invited a number of times to PCCU events over those years and it is excellent to hear every time how the credit union has grown or reached new milestones. It is especially pleasing that this credit union is based in the constituency that I represent.”