Serve and Protect Credit Union Complete Merger with National Fire Savers Credit Union

Saturday 24 August 2024

Serve and Protect currently have more than 46,000 members from across the emergency services family (fire, health, military, police and prison services), and hold assets of £100 million.

“Everyone at the credit union is extremely proud to be the chosen merger partner and we look forward to welcoming National Fire Savers Credit Union into the Serve and Protect Credit Union family over the coming months,” says CEO of Serve and Protect Credit Union, Paul Norgrove.

A spokesperson for NFS discussed at a special General Meeting ahead of the merger stated, although the credit union is successful, to reach the next level of growth it needs to bring in more members, attract more fire services affiliated with payroll deduction, and improve the service provision to members (including online access to accounts).  It is with that view that a merger with another large and successful credit union will provide members with the services and stability they want and deserve.

Commenting on the recent merger, ABCUL CEO, Robert Kelly said: “The merger between both credit unions is an excellent example of two organisations collaborating together to achieve greater sustainability and service provision for its combined member base. This is a real and tangible sign of creating great synergy for the future.”