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Hillingdon Credit Union welcomes over 800 members following credit union merger

Following a couple of years of discussions between the two organisations, Credit Union for Brent and Ealing (CUBE) and Hillingdon Credit Union have finally completed a merger. Welcoming over 800 members with savings of £1m, President of Hillingdon Credit Union, Neil Jones said: “This...

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Clockwise Credit Union identify its true value of services in its social impact report

Last week on International Credit Union Day, Clockwise Credit Union published its Social Return On Investment (SROI) evaluation to identify the true value of the Credit Union’s services. The evaluation found that Clockwise delivers social outcomes more than £10m. In other...

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The Fairbanking Foundation announces NHS Credit Union as first credit union to be awarded its Savings Account Mark

NHS Credit Union have become the first credit union to be awarded the Fairbanking Foundation’s 3-Star Fairbanking Mark for its “Regular Savings Account”. The Fairbanking Mark is awarded by the Fairbanking Foundation following a rigorous assessment which includes independent research...

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ABCUL’s Young Professionals Network celebrates its progress at World Council celebration

This week, the World Council’s Young Credit Union Professionals (WYCUP) program celebrated its 20th anniversary with a global, virtual celebration. WYCUP began as an international scholarship program to raise the voice of young leaders across the credit union sector. Over the years...

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Save and Sound – the people who build Britain’s credit unions

Set up to collect and preserve the memories of people involved in setting up and running credit unions before 2000, the Credit Union Foundation’s Save and Sound oral history project launched online on Thursday 15th October, International Credit Union Day. Speakers at the online event...

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‘Inspiring Hope for a Global Community’ - The global credit union sector celebrates International Credit Union Day

Today, t he global credit union movement is celebrating International Credit Union Day with the theme of ‘Inspiring Hope for a Global Community’. Since 1948, the annual event has been raising global awareness of the credit union movement through outreach, volunteering,...

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ABCUL President and Enterprise Credit Union CEO, Karen Bennett awarded a CBE in the Queen’s Birthday Honours

Karen Bennett, CEO of Enterprise Credit Union and President of the Association has received a distinguished CBE in the Queen’s Birthday Honours list for her services to the Credit Union Sector and Financial Inclusion. Speaking earlier, Karen said: “I am honoured to receive this award and...

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London Mutual Credit Union’s support for at-risk gamblers cited as an example of best practice

London Mutual Credit Union has been featured in a new toolkit on tackling gambling-related financial harms produced by gambling support charity, GamCare . The toolkit is designed to help businesses support customers who may be affected by financial harms due to gambling. Over the past year...

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Global credit union membership grew 59% in decade to Surpass 291 Million

The global credit union movement added over 17 million members in 2019 to reach a new membership high of more than 291 million in 118 countries, according to World Council of Credit Unions’ 2019 Statistical Report. That surge contributed to a worldwide credit union membership growth of more...

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ABCUL Annual Conference 2021 - Going Virtual

It is with a mixture of disappointment and excitement that the Association has announced the ABCUL Annual Conference 2021 will not be a face-to-face event and will move to online delivery. “Given the ongoing uncertainty around what will be possible in the early part of next year, we felt it...

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