British Credit Union Historical Society

City Save Credit Union Ltd

was initially registered in 1988 as the Birmingham Council Employees Credit Union, to provide easily accessible savings and borrowing facilities to its staff. From May 2003, provided ethical and affordable financial services to all those who live or work in Birmingham. Citysave provides savings and loans to over 10,000 members from the wider community. The organisation now has an asset base of almost £7m and is the largest community-based Credit Union operating in the Midlands area. Partnering employers include the Birmingham City Council, NHS, Service Birmingham, Capita, Amey plc, Mitie, Aston University, Trident Reach and Aquarius. Because of all the hard work and determination, Citysave has won an award for excellence in active partnerships at the national Credit Union awards in 2012. In 2018 the credit union has moved to a new home in Colmore Gate in Birmingham city centre and will begin to modernise the service delivery   Making Citysave accessible to a wider range of members.

https://www.citysave.org.uk/ 

 

Mendip Community Credit Union Ltd

Was registered in 2000 and has just achieved the milestone of lending out more than £2 million since it started.  Somerset based Mendip Credit Union was awarded "Best Community Support Organisation" at the Mendip Business Awards in June 2015. The award was sponsored by Aster Communities, one of the local social housing providers who have set up a loan guarantee with the credit union for their tenants. A ‘hand-up not a hand out’ fund by Mendip credit union is targeted at helping people who need to borrow a relatively small amount of money for an urgent need, for example, to buy a bed or to pay a utility bill. Traditionally, the Government’s Social Fund met these requirements, but many people are now ineligible and the fund also runs dry before the end of the financial year. Frome Town Council has opened a savings account with the Mendip Credit Union, an organisation entirely run by volunteers, and is working closely with Fair Frome to look at how best to develop this service for the people living in the BA11 postcode area. It is intended that the profile of the credit union facilities will be raised within the local Frome community, alongside the opening of more service points, which will enable people to access the service more easily. In addition to the Library on a Saturday morning, it is hoped to open the next service point at The Key Centre in Frome. Contact  www.mendipcommunitycu.org.uk

Your Credit Union Ltd.

 One of Britain’s newest credit unions, Your CU was founded in 2013 and now has more than 1,000 savers and 450 borrowers.Proudly serving Kensington & Chelsea, Westminster, Hammersmith & Fulham, Queen’s Park and Kensal Green in Brent and St Mary’s Park and Queenstown in Wandsworth. The Bishop of Kensington, Rt Revd. Paul Williams joined Your Credit Union as part of a church wide celebration of International Credit Union Day. A number of churches and faith groups have recently opened deposit accounts with YourCU including St Peter’s Hall Charity and the Latymer Christian Centre 1st December 2014 saw the launch of YourCU’s first Individual Savings Account or ISA. 2015 Helping parents avoid loan sharks and high interest borrowing is behind a joint project between YourCU and Colville Primary School in Portobello. YourCU has been working with local branches of Barclays Bank for the last 12 months promoting the union’s products and services through the bank’s branch network.

http://www.yourcu.co.uk/

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Latest comments

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.

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14.07 | 04:57

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

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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

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15.07 | 00:20
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