British Credit Union Historical Society

London Community Credit Union Ltd

London Community Credit Union

Began as Tower Hamlets Credit Union and registered with the FSA in December 2000 expanding rapidly to delivering services to members. In 2010, they rebranded as LCCU after expanding into Hackney, Newham and surrounding boroughs. In 2015 they as part of that expansion, took over the former Newham based credit union NewCred with staff and premises transferring across. The merger meant that NewCred’s 5,500 members would bring the credit unions total membership to over 14,000. It is now a large credit union in London with over 17,000 members and five branches. The credit union offers a full range of banking services, including Current Accounts to the members.

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Northeast Warrington Credit Union Ltd

1992: Training course for volunteers

In 1992, Ian Telfer (Warrington Borough Council Community Development Officer) instigated a training course for volunteers, the long-term aim of which was the introduction of credit unions to Warrington. 1993: Poulton North Savings Club As a result, Poulton North Savings Club was established. 1994: Credit Union Status The Savings Club prospered and in 1994 was granted the right to operate as a credit union by the Registrar of Friendly Societies.  This was the recognition and vote of confidence the volunteers had been working hard to achieve.  As a result, the credit union opened with some 180 members. 2000: Common Bond Area Extended In March 2000, the credit union extended its Common Bond area to include the New Town area of Birchwood ward. 2002: Merger with Poplars' Credit Union The credit union subsequently amalgamated with Poplars' credit union in 2002. 2002: Formation of NEWCU With the merger and Common Bond area approved, the organisation became North East Warrington Credit Union, reflecting more completely the catchments’s area it now served.  From the original 3 square miles, NEWCU now operated across 24 square miles with a resident population in the region of 60,000. 2014: NEWCU embraces Warrington NEWCU's Common Bond area now covers the whole of Warrington with a resident population of just over 200,000 2018: The credit union celebrated 25 years  in the presence of the lady Mayor Councillor Karen Mundry

Community First Credit Union Ltd

First began by a group of people from Barnsley trading as Barnsley Credit Union ltd since June 2002 until 2009. Open to anyone who lived or worked in Barnsley Metropolitan Borough. It started with Coalfields Grant and the Local authority did allow payroll deduction, but only in the Town Hall. In October 2006, they were awarded the Growth Fund contract.  July 2008, they Merged with Little Dearne Credit Union with 800 active members and also in July 2008 managed Danum CU Growth Fund contract. May 2010 saw the merger with Danum Credit Union with 2000 active members. The South Yorkshire Credit Union was trading from May 2009 with the expansion of the common bond and joining forces with The Ridings Credit Union Ltd who were trading from October 2012. The trading name changed to MY Money credit Union in the August of 2016. By June 2017 the Community First Credit Union Came into being and has grown continuously since. November 2018 the credit union had won multiple categories at the Edward Filene Credit Union Awards for Excellence. Channel five featured the credit union in the same year delivering services to their members. The credit union operates a number of volunteers who run collection points in a number of schools in the area to foster the ethos that saving as a habit is best introduced at an early age.  The credit union is open to people living or working in Barnsley, Doncaster, Rotherham, City of York and North and South Yorkshire. 

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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.

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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