1992: Training course for volunteers – 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
The Credit Union Ceased trading In May 2022. Members of the credit union need not worry, as their money is safe. The FSCS will automatically pay back members money, according to the account details theyreceive from the credit union and will contact you by post.
News and Clips HERE
Want to find out more?
Visit the NEWCU Union website, or get in touch with their team:
Telephone – 01925 492688
Email – newcu@btconnect.com
Copyright British Credit Union Historical Society 2018 – All rights reserved
British Credit Union Historical Society 