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ABCUL calls for further measures to prevent IVA abuse

ABCUL has called on the Insolvency Service and the Insolvency Practitioners’ Association to stop insolvency firms making money out of those disadvantaged by the coronavirus. Last week the largest provider of IVAs, Creditfix, wrote to creditors asking them to approve a £84.12 fee on each of their...

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CFCFE releases research on credit unions and Covid-19

New research from the Centre for Community Finance Europe (CFCFE) looks at how credit unions in Britain have continued to serve members during the Covid-19 crisis. The Credit Union Difference: Responses to COVID-19 in Great Britain report is based of responses from 24 British credit unions and...

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Salford Credit Union scraps membership fee to support the city’s residents during pandemic

Chief Executive of Salford Credit Union, Sheila Murtagh, has sent a message to the people of Salford most affected by the coronavirus pandemic with the promise: “we’re here for you”. The credit union has adapted its services and products to make sure those most in need of the credit union’s...

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CU Futures class of 2020 comes to end as another year begins

At the ABCUL Annual Conference in March, our flagship young professionals development programme celebrated the graduation of its fourth cohort of participants brining the total number of participants to complete CU Futures since its inception to 49. Each year candidates work on a group project...

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Scottish Parliament Committee calls for significant changes to Protected Trust Deeds

Scottish Parliament Committee calls for significant changes to Protected Trust Deeds The Scottish Parliament’s Economy, Energy and Fair Work Committee has published a report calling for the Scottish and UK Governments to act to address serious problems in the Protected Trust Deed market. ...

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Wolverhampton City Credit Union provides essential financial services during pandemic

Credit unions are proving themselves to be an essential frontline service for struggling local communities in the Covid-19 pandemic says Chief Executive of Wolverhampton City Credit Union. Rob Shearing said staff and directors of the not-for-profit community bank which serves people who live...

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ABCUL’s Young Professional Network reflects on a week of international networking

Back in March, ABCUL members spent a week in London and Manchester, learning and networking with fellow young credit union professionals from Britain, America and Brazil as part of a global Young Professional Exchange week. Following several days of motivational exchange in London and...

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Metro Moneywise Credit Union launch new website

As a financial co-operative, Metro Moneywise Credit Union is committed to making it as easy as possible for its members and partners to reap the rewards of credit union membership. It has most recently launched a new website as the credit union continues to enhance its digital service to...

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Friends of Plane Saver Credit Union donates £5,000 to charities

Plane Saver Credit Union has donated £5,000 to its charitable partner, Friends of Plane Saver Credit Union to enable it to support key charities providing essential services to communities across the country at this time. “We know these organisations have all seen huge increases in demand for...

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International Credit Union Day themed ‘Inspiring hope for a global community’

International Credit Union (ICU) Day celebrates the spirit of the global credit union movement. The day is recognised to reflect upon the credit union movement's history, promote its achievements, recognize the hard work and share member experiences This year’s theme, 'Inspiring hope for a...

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