British Credit Union Historical Society

All Flintshire Credit Union Ltd

Holywell and District Credit Union Limited was registered in December 1997 Mrs Freda Hynes thought of the idea of forming a credit union after seeing how successful they could be while spending time in Canada in the 1960s. Mrs Hynes took an active role in the running of the Union and served in many roles, including vice chair, acting secretary and publicity officer. Freda was after many years of service was presented with a retirement gift by her colleagues. Mr. Tecwyn Jones also a founder of the credit union says it all began in 1992 in Holywell with two members, with only £25 available to lenders and the branches in Mold and Deeside followed soon after. Three joined together in 2001 to form the All Flintshire Credit Union, with a membership of 1,800. It was quite a lengthy process to have the group recognised.  The website introduced in 2013 offered simple navigation for local people to find out details of the services offered by the credit union. The Bryn Gwalia Communities First, in conjunction with the All Flintshire Credit Union, unveiled the new junior credit union at Bryn Gwalia Primary School in 2013. The school was delighted to be involved with the scheme and has encouraged all the children to participate. Members celebrated the Credit Union reaching a record landmark in the group’s 18-year history. Credit Unions across Wales in 2018 will receive over £844,000 of funding over two years for projects supporting communities who are struggling financially.

Gateway Credit Union Ltd

On the 19th November 1996 the Register of Friendly Societies formally registered the Pontypool and District Credit Union Ltd. We opened quietly on February 7th 1997. The Benefice Council took it upon itself to form a working party that would look into the implications of a Credit Union, to find the level of interest that might already be in the community, to stimulate some interest and seek some kind of response. This small group took a practical approach and immediately set about contacting as many groups as possible in the area.  Fifteen people at the meeting expressed an interest and a willingness to train. We saw the formation of the Steering Group. Training was financed by a grant awarded by the County Council. As we have grown we have made a deliberate effort to market the Credit Union in certain places. 

On the 7th August 2008, at the invitation of North Abergavenny Communities First, we expanded our common bond to include Monmouthshire and became Gateway Credit Union Limited. We currently have a presence in most towns in our area, served from the Head Office at 21 Commercial Street, Pontypool, which we now own.


Islwyn Community Credit Union Ltd

It was at the start of November 1998 that the Register of Friendly Societies formally registered the North Islwyn Credit Union. Following on from this the first collection point was held in the Wesley Centre on Saturday November 7th. Started by Judith Morgan and Marie Walsh. The formal registration came as a result of, near on, two years of training by the Steering Group.  The support given by The Wesley Centre in Blackwood was vital. Not only did they provide the  first collection point but also an office to operate from. BAGS Credit Union also gave us practical day to day advice. These good working relationships, built up in those early days, still continue today even in our schools. Early in 2003 we expanded our common bond to include all parts of the Islwyn constituency and changed our name to become Islwyn Community Credit Union Limited (ICCU), and opened the Risca collection point. 2018 Celebrating 20yeares of growth the credit union has lent more  than  £2.8  million  through 3,700 loans. The work is made possible by the dedicated staff and volunteers whose support and work enables the credit union to flourish and meet the needs of members.


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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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