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News: Credit Unions

Stay up to date with the latest news from across the credit union movement. Read stories from local credit unions. Hear expert comment and insight from All Together Money. And explore the key issues shaping the movement here in Great Britain and around the world. Because informed credit unions are stronger credit unions.

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Unprecedented Growth in British Credit Unions Reported by The Bank of England

The Bank of England recently published its credit union data for the fourth quarter of 2023 which revealed an enormous rise in credit union membership in Britain.

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The Global Women’s Leadership Network Celebrates its 15th Anniversary

Last week, the Worldwide Foundation for Credit Unions (WFCU) celebrated the 15th Anniversary of the Global Women’s Leadership Network.

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Commsave Credit Union Recognised for Work with the Seafarers’ Charity

Commsave Credit Union was recently nominated for Initiative of the Year with the Seafarers’ Charity due to its creation of the Safety Net for Fishing Families project and attended the...

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Metro Moneywise Credit Union Announces First Prize Linked Savings Winner

Metro Moneywise Credit Union recently launched its own monthly Prize Linked Savings draw and was excited to announce the first winner of the new scheme. The lucky member was Kath...

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CLEVR Money Credit Union: A Lifeline for Financial Resilience

The Sun recently featured Charlotte, an NHS worker, and her husband, who found themselves in a difficult financial situation around the birth of their second daughter, but through perseverance and...

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Serve and Protect Credit Union Sponsors European Football Event

This week, members of the Serve and Protect Credit Union staff had the opportunity to attend the Emergency Services Football League (ESFL) European Championships as a headline sponsor of the...

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1st Class Credit Union Wins Platinum Award for Customer Service

Earlier this year, 1st Class Credit Union announced that it was awarded a Feefo Platinum Trusted Service Award for its customer service in 2024.

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Commsave Credit Union Provides a Safety Net for Fishing Industry Workers

Commsave Credit Union offers services to a wide range of sector and businesses, including those working in the GB fishing industry – which has provided fishing families with a much...

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Enterprise Credit Union Leads the Fight Against Loan Sharks

Enterprise Credit Union featured on Good Morning Britain last month to warn the public of the dangers of loan sharks and how credit unions provide safe, reliable assistance to financially...

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Celebrating the Credit Union Futures Programme

Last month at the ABCUL Annual Conference 2024, nine credit union young professionals graduated from the eighth year of the CU Futures Programme.

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Acorn Community Bank Celebrates Lending Milestone

Acorn Community Bank is celebrating its first birthday by passing a milestone in lending, having lent over £2 million to members in this time.

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Credit Union Marketers Meet in Manchester to Learn Together

Eleven marketers from eight Northwest credit unions recently held their first in-person learning session at Barclays Bank’s Market Street branch in Manchester. Organised with support from the ABCUL Northwest Forum,...

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Credit Unions Deliver Revolutionary New Loans to Support Social Good

This week, two credit unions in Greater Manchester have successfully funded its first loans through the Enterprising Communities Fund. The Enterprising Communities Fund is delivered by the Greater Manchester Centre...

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Newport Credit Union Celebrates its 25th Anniversary

Newport Credit Union has recently celebrated 25 years of trading and is taking time to reflect on its quarter century experience.

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Students Redesign Branding for Scottish Universities Community Bank

Scottish Universities Community Bank is the new trading name for the First Scottish University Credit Union Ltd, as recently unveiled by the Board and staff. The credit union expressed that...

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Greater Manchester Credit Unions to Help Residents with Travel Costs

The Mayor of Greater Manchester, Andy Burnham has pledged that if re-elected in May’s Mayoral Election, credit unions across Greater Manchester will provide support to help residents cover costs of...

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Castle Community Bank Celebrates Exceptional Growth

Leith-based credit union, Castle Community Bank is celebrating its 2023 successes which has seen extraordinary growth in membership. At its annual general meeting it was reported that the credit union’s total...

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Bradford District Credit Union Reaches Milestone of 10,000 Members

Bradford District Credit Union recently celebrated its achievement of reaching 10,000 members with an event at Bradford City Hall where the Mayor of West Yorkshire was in attendance.

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Credit Unions Tackle Community Development at the ABCUL Annual Conference 2024

Reporting on the ABCUL Annual Conference 2024, Co-op News gave insight into the action-packed agenda, with the need for community development high on the agenda as the credit union sector...

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ABCUL Annual Conference 2024 Celebrates Credit Unions Turning 60

Last week, ABCUL Members returned to the Midland Hotel for its annual conference event. This year, the conference brought together over 250+ attendees who were welcomed by expert speakers within...

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Just Credit Union Empowers Financial Education at Local Primary School

As part of its initiative to improve financial education across communities in Shrewsbury, Shropshire-based Just Credit Union recently visited a local school to provide essentials in the subject matter, emphasising...

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Lewisham Plus Credit Union Receives £200k to Increase Affordable Lending to Residents

In February, Lewisham Plus Credit Union received £200k from Fair4All Finance to increase affordable lending across South East London. Lewisham Plus received the £200k long-term subordinated debt through Fair4All Finance’s...

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ABCUL’s Young Professionals Network Chair Major US Conference

Last week, the Cooperative Trust ran its 15th annual conference event in Washington DC, USA and ABCUL’s Young Professionals Network Chair, Emily Alexander attended the event in a week-long study...

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Delegates Set to Arrive for the ABCUL Annual Conference 2024

On Friday 15 March 2024, over 250 credit union professionals across the country will be attending the Association’s flagship event, the ABCUL Annual Conference 2024.  

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