This week, young credit union professionals met in Manchester at the ABCUL office to get to know their fellow peers and road map the year ahead in the Credit Union Foundation’s 12-month development course. CU Futures -now in its eighth year of operation- has overseen 77 individual...
Wave Community Bank (WCB) has published its social impact report, articulating the true value of the services it provides to its members and communities. The report highlighted the credit union’s support to help fight financial exclusion and poverty by working in partnership with local...
A primary school in Northampton is celebrating after receiving a generous donation from Commsave Credit Union to fund more books for the school library. The children from Duston Eldean Primary School received a £400 donation as part of the credit union’s Community Fund, which was launched by...
With debt piling up, Chris Dawkins needed to improve his financial position, so he turned to his local credit union, Bridgend Lifesavers. Since joining, Chris has received the necessary support to get him into a more stable financial position and he reflects on the valued service provided by...
For the first time in its history, Serve and Protect Credit Union are proud to have launched a fixed-rate savings account. Since the product’s launch, 600 accounts have been opened by members with over £2.2 million deposited, which will be available to withdraw at maturity. Credit unions...
In early March, 1 st Class Credit Union conducted a survey to understand more about its members’ needs and were delighted to find that 88% of members rated its services as ‘excellent’. “We are thrilled to see that our members are satisfied with the services provided, and we will continue...
Last week, on a sponsored trip by Citi, ABCUL credit unions travelled to Memphis, Tennessee in the United States for the largest gathering of community development credit unions in the US. This year’s contingent of British credit unions included representatives of Cardiff & Vale Credit Union...
Plane Saver Credit Union (PSCU) was founded by 15 British Airways engineers back in 1993 in the spirit of 'people helping people'. Today, more than 24,000 members benefit from a wide range of flexible savings products and affordable loans. And in the past 30 years, PSCU has lent over £100...
Clockwise Credit Union operates a Community Grant Scheme that awards local groups and individuals grants for a whole range of items that ultimately benefit the community the group/individual works to serve. Last month, Clockwise awarded £500 to the Foodbank at Goldhill Adventure Playground...
On the 28 April, the Bank of England published the latest quarterly statistics for the credit union sector for quarter four of 2022. Alongside other insights (ABCUL Members can view here ), the publication showed a record-breaking number of credit union members across Great Britain. ...