Serve and Protect Credit Union alongside Credit Kudos were announced in the budget as winners of Nesta Challenges’ Affordable Credit Union, for its reward loan solution which aims to use open banking to help even more borrowers access responsible credit. The Affordable Credit Challenge, run by...
Penny Post Credit Union celebrated another successful year and rewarded members with a competitive 2.15% interim dividend, more than 5 times the national average for comparable easy access saving accounts. In addition, members with Plus Accounts received 2.65% and those with Christmas Accounts,...
Northumberland Community Bank is celebrating record numbers after a period of significant growth for the credit union . It has grown significantly since its launch and, through the merger with the Credit Union for South East Northumberland in 2017, it now covers the whole county of...
Credit unions open for business and serving their communities Following the announcement this week by Government that credit union staff are considered “key workers”, credit unions across the country have been working to provide the usual valued service to communities. This week, Pennine...
Fintech organisation, incuto has announced its new payroll partnership with Bradford District Credit Union. The partnership will see incuto join a growing number of businesses and organisations which have signed up to help their employees become members and save money, as well as gain access...
ABCUL response to latest Government advice on COVID-19 situation In light of the latest Government advice around tackling the spread of the coronavirus (COVID-19) the decision was taken to close the ABCUL office from close of business on Tuesday 17 th March 2020 and move to a remote working...
Key reforms for credit union sector announced Last week, the Chancellor of the Exchequer announced in the UK Budget that Government will bring forward legislation which will enable credit unions to provide a wider range of affordable services to members than ever before including hire...
At last weekend’s ABCUL annual conference, CEO of ABCUL, Robert Kelly officially launched a shared vision of the credit union sector for the next five years. This special session launched the outcome of ABCUL’s consultation, with a new vision and strategy document which forms the basis for the...
The ABCUL Annual Conference and AGM is the largest event in the British credit union calendar. It provides the opportunity for credit union board members, staff and volunteers to hear from a wide range of speakers, to discuss the issues that are important to them and network with others from the...
Pennine Community Credit Union backed up an 'excellent' financial year with two charitable donations at its AGM. Account holders gathered at Turf Moor where they witnessed two donations of £500 being made to Fiona and Dave King, representatives for BK’s Heroes, and David Thomas, representative...