Notts & Lincs Credit Union Merger with Clockwise Credit Union

Friday 7 February 2025

On the 1st of February 2025, Clockwise and Notts & Lincs Credit Union officially joined forces and completed a merge. With the combined resources and expertise of both Credit Unions this merger represents a significant step forward in enhancing the services and support offered to people across the East Midlands.

Jason Griffith, CEO of Notts & Lincs Credit Union praised the efforts of staff during the merger process and said “At the heart of everything we do is a commitment to empowering our members to achieve their financial goals. By joining forces with Clockwise Credit Union, we are creating a stronger credit union that will better serve our members and contribute to the overall well-being of our communities.

“We are driven by our determination to better serve those with limited access to financial services and by combining our resources and expertise, we can offer even more support, guidance, and financial products and services to help our communities thrive.

“I am excited about the opportunities this partnership brings and look forward to building a brighter future together.”

Clockwise is delighted to welcome new colleagues in Nottingham to the team and gain an office in the town centre, on Maid Marian Way. The office remains ‘open as usual,’ and staff are happy to answer any queries members may have about the merger.

Teresa Manning, CEO of Clockwise Credit Union said “We are thrilled that this strategic merger has come together. It is a key step in improving the services and support Notts & Lincs provide to their members and will make Clockwise more financially resilient, so we can invest more in services for our members and in community projects.

“The merger mean we now have 33,000 members and assets of £18m. We are also delighted to welcome eleven colleagues from Notts & Lincs to the Clockwise family!

“Through our digital solutions, financial and management systems, Clockwise aims to broaden and improve the range of services to Notts & Lincs Credit Union members. We will be working hard to expand the provision of affordable and ethical financial services throughout Nottinghamshire, where credit union membership is relatively low. We are keen to widen the positive social impact credit unions have on a local economy and strive to support the financial wellbeing of the community.

“We are hugely excited about the future of Clockwise.”