English Credit Unions

Compared to the rest of the UK, credit unions in England had a relatively slow start. The first English credit unions were established in Wimbledon and Hornsey in 1964 by West Indian immigrants who brought the idea from their homeland.

While this was a similar time as the first credit unions in Scotland, started by Irish immigrants, the idea didn’t gain momentum in England until 1979 – when the Credit Union Act was passed.

Since then the credit union philosophy of self-help has proven very popular. In the UK, over a million people have recognised the value of credit unions, with total savings of well over £100 million. There are thousands employed in the sector and many more thousands involved in the movement as volunteers.

A 2016 report by Co-operatives UK recognises the significant role the credit union movement has played in the growth of the wider co-operative sector. British credit union membership has doubled over the last decade to more than 1.2 million, while the sector’s assets have trebled to more than £1.3 billion.

Over the years, we have collected various video content covering the history of English Credit Unions.

Former Credit Union Clips HERE

Select Your Credit Union

Want to know about the history of your own credit union? Click on your name from the list below.

ABCDEFGHIJKLMNOPQRSTUVWXYZ#

M

M4money Credit Union

Manchester

Manchester Unity

Medway

Mendip Community

Metro Moneywise (Rochdale)

Money Matters

Money Spider

Moneywise (Newcastle)

Morecambe Bay

MWS (Wrekin)

My Community Bank (Brent Shrine)

N

National Federation of Retail Newsagents

National Fire Savers

New Central

No1 CopperPot

Norris Green

North East First

Northeast Warrington (NEWCU)

Northumberland Community Bank

North London

North Tyneside Employees

Norwich

Nottingham

O

Oldham Credit Union

Open University Employees

Oxfordshire

P

Partners

P.B.F.A.

Pennine Community

Penny Post

Pentecostal

Pioneer

Pitney-Bowes Employees

Plane Saver

Police

Prince Bishops

Q

R

Rainbow Saver Anglia

Reading Njangi of Cameroonians (Rencam)

Rugby Borough

S

Sale

Salford

Sefton

Sheffield

Small Heath and District

Somerset Community

South Bank Savings

South Central Middlesbrough

Southdene

South Manchester

South Tyneside

South Yorkshire

St Aidan and Oswald’s K.S.C. Royton

St Albans District

St Bernadette’s (Whitefield)

St Gregory’s

St Helens

St Malachy’s

St Mary’s & St Joseph’s (Newton Aycliffe)

Stockport

St Wilfred & Mother of God

Steam Ahead

Stevenage

Stroud Valleys

Suffolk

Swan

T

Taunton Deane & West Somerset

Thamesbank

The Co-op

Tower Hamlets (Green light)

Transave

U

Unify

V

Voyager Alliance

W

Walsave

Warrington

Watford

West Cheshire

Westcountry Savings and Loans

West Leeds & Bramley

West Midlands Punjabi

West Norwich

Wherry Dragon

Wiltshire and Swindon

Wimbledon

Wirral

Whitehaven, Egremont and District

Wolverhampton City

Wyvern Savings and Loan

X

Y

Your

YourB

Z

#

2 Shires

6 Towns


Copyright British Credit Union Historical Society 2018 – All rights reserved

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close