British Credit Union Historical Society

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Pennine Community Credit Union Ltd

On April 23rd 1982, a Saver Group was launched with just 15 members and the first collection produced a total of £75 in share savings. We registered as Nelson Community Credit Union (NCCU) on August 31st in the same year.

On the 5th of February 1991 at the Annual General Meeting held at the St. Georges Social centre1991 a Declaration of dividend was declared by the board of 6.75%.

122 members along with representatives from British leukaemia Research Association, Kirkholt Credit Union, Farther Bernard Charnock, Burnley General, Burnley West and from St. George’s third world group.

Having enjoyed success after success, it was agreed that the benefits of NCCU should be available to the whole of Pendle, and in October 2005 NCCU merged with Colne & District Credit Union to form Pendle Community Credit Union.

September 2012 saw us expand again as Pennine Community Cedit Union to cover Burnley. Now well over 5,400 adult members have collective savings of over £3.2 million, and since its creation we have lent out over £21 million to local people! PCCU's assets now amount to more than £3 millioWe have three branches covering Burnley and Pendle. Our head office collection point is at 54 Manchester Road, Nelson. In Colne, you can find us in Shackleton Hall (on Church Street), and our Burnley branch is now open within Calico Homes, Centenary Court, Croft Street, Burnley, (opposite the bus station). 


On the 1st October 2013 Pendle Community Credit Union merged with Burnley Area Community Credit Union to create Pennine Community Credit Union. Now well over 5,600 adult members have collective savings of over £4.3 million, and since its creation we have lent out over £35 million to local people! PCCU's assets now amount to more than £4.9 million. The 2017 Tracy Slane Award has been presented to Debbie Smith-Hands at the ABCUL Annual General Meeting in Manchetser. Debbie started working with PCCU as an administrative assistant in 2013. The award is presented each year to a young person who has made an outstanding contribution to their credit union. The award is dedicated to the memory of Tracy Slane, who worked as ABCUL’s Conference Officer until her untimely death in 2004 at the age of 25.

The Credit Union has set its targets high for the next year. They have in 2017 opened a new branch within SPE Furnishings which sells new branded furniture, paint and electricals in Briercliffe Road, Burnley. The social enterprise uses the profits made in store to operate the local food bank and street soccer programme. PCCU are in store to offer affordable finance on furniture, providing an ethical alternative to the high interest pay weekly stores. Now serving the whole communities of Burnley and Pendle with over 5500 members, has taken its total lending to the community to £44m, and the 2017 account holders have saved over £7m. 

A record in savings, loans issued and overall lending were milestones that were celebrated at PCCU in 2018. The credit union announced that collective savings have surpassed the £6m mark for the first time, staff issued its 34,000th loan and overall lending reaching £50m. 


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18.08 | 14:55

I am very proud to be a part of the credit union and the ethos of people helping people.

Congratulations to No1 CopperPot.

14.07 | 04:57

A very inspiring and educational experience. It awaken my interest to serve the community.

01.07 | 13:06

As schools Development Worker for Unify Credit Union, I found the schools project resources very useful.... some really good ideas, Thank you x

23.11 | 16:41
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