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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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New officers of the Cross Party Group on Credit Unions elected

From the Scottish Parliament, ABCUL is delighted to confirm that, following a successful AGM last week, two new officers of the Cross Party Group on Credit Unions have been elected. Angela Constance MSP, a former Cabinet Secretary with responsibility for credit unions, and Claudia Beamish MSP,...


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Over £2,000 raised for a local charity by Lanarkshire Credit Union

Participating in fundraising activities, Lanarkshire Credit Union has raised over £2,000 for a local charity 'Eilidh’s Rainbow’. The staff of Lanarkshire Credit Union held a race night in its local pub and also participated in a charity football match to helped raise awareness and funds for...


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Scottish Parliament debate recent commitment to launch £10 million Credit Union Investment Fund

On Tuesday the Scottish Parliament debated the Scottish Government’s recent commitment to launch a £10 million Credit Union Investment Fund, which we recently reported. You can watch the debate in full here. The debate, tabled by the Government, noted the contribution of the 90 credit...


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Supporting community top of the agenda for East Kilbride Credit Union

“Here’s to a successful 2019,” says East Kilbride Credit Union (EKCU), as they reflect on the first half of the calendar year and look ahead to an exciting rest of the year. The credit union held a very successful 37 th AGM earlier in the year where members heard reports from Directors of...


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Pioneer Mutual Credit Union shortlisted for Innovator of the Year

Following a huge number of entries for the inaugural ‘All About Barrhead Awards”, Pioneer Mutual Credit has been shortlisted in the ‘Innovator of the Year’ category. The awards have been developed to celebrate every aspect of the local community, from local businesses, organisations and even...

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Discovery Credit Union launches new mobile quiz app for students

Discovery Credit Union has released its new mobile app, ‘Money Matters Quiz' this week as part of National Numeracy Day. The app , aimed at 11-18-year-olds, will help young people learn about money management and good savings habits. Players can earn monetary rewards for each successfully...


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Carntyne and Riddrie Credit Union’s community champion John Lyons shares his non-referral food bank

Carntyne and Riddrie Credit Union is breaking down barriers of how people across the city access food banks. Eight years ago, General Manager of CRCU, John Lyons felt it his duty to help those communities who struggled to afford its basic needs of access to food. He went onto form Glasgow’s...


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Scottish Parliament recognises valuable credit union partnership with local school

Green MSP, Ross Greer has put forward a parliamentary motion to recognise an Innovative Schools Project, in which 1 st Alliance (Ayrshire) Credit Union is involved in. The project, in partnership with 1 st Alliance Credit Union, was launched back in March as part of the Innovative Schools...


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Scottish Government encourages employers to partner with credit unions

Last week, the Carnegie UK Trust was hosted by Linda Fabiani MSP at an event in the Scottish Parliament to share learning from its employer engagement pilot run through a credit union consortium with parliamentarians, employers and affordable credit stakeholders. Comprised of 1st Alliance ...