Ulster Federation of Credit Unions51 member credit unions The seeds of the UFCU were sown in 1986. The National federation of credit unions based in Bradford England assisted
in the development of credit unions in Northern Ireland; in time the NFCU (Northern Ireland) became larger than the main NFCU body in Great Britain and in 1995 the Ulster credit unions broke away and formed their own UFCU. www.ufcu.co.uk
The aims of the Ulster Federation of Credit Unions are:
- To provide a local and easily contacted central office to answer queries, help with difficulties, offer advice and to provide stationery, rule books, etc.
act as a powerful body when negotiating with the Registrar, Banks, Solicitors, Accountants, Insurance Companies and other financial and legal bodies.
- To encourage self-support amongst member Credit Unions and to broker a simple internal means of borrowing
and lending from and to each other.