association of british credit unions founded 1984 1967 type industrial and provident society location holyoake house hanover street manchester m60 0as website abcul.org the association of british credit unions limited commonly known as abcul is the leading trade association for credit unions in great britain . abcul represents around 70 % of credit unions who in turn provide services to 85 % of the british credit union membership . 1 the irish league of credit unions organises in northern ireland on an all island basis . 2 both abcul and ilcu are members of the european network of credit unions and world council of credit unions . contents 1 history 2 activities 3 see also 4 references 5 external links history edit see also history of credit unions in 1967 hornsey co operative credit union and other west indian credit unions formed the credit union league of great britain which became the association of british credit unions abcul in 1984 . 3 separately in 1964 wimbledon credit union joined forces with two other credit unions operating from roman catholic churches in highgate and hove to form the national federation of savings and co operative credit unions ; this later became the national federation of credit unions natfed . the federation and the league agreed in 1967 to form a single national organisation but the project never became reality and the federation continued separately until its dissolution in 2000 . 4 in fact the two bodies came to represent distinct factions within the early movement abcul represented industrial credit unions exclusively while natfed affiliates were drawn from community credit unions . furthermore whereas abcul pursued a growth orientated strategy of individual member unions achieving critical mass and market share natfed placed greater emphasis on self help and expansion through the proliferation of smaller member unions . 5 the ulster federation of credit unions which grew out of the northern ireland regional association of the national federation in 1995 provides an alternative to the irish league with a distinct ulster british identity . 6 activities edit in common with its member credit unions abcul is registered under the co operative and community benefit societies act 2014 . it is governed by a board of directors who are elected by the members . the credit union foundation limited is a registered charity and a company limited by guarantee with a board of trustees consisting of the directors of abcul and independent trustees . as a registered charity the foundation s rules allow it to carry out a different but complementary role to that of abcul . 7 see also edit credit unions in the united kingdom british co operative movement references edit making a difference association of british credit unions retrieved 9 february 2015 about the irish league of credit unions irish league of credit unions retrieved 9 february 2015 50 years of credit unions in britain credit union news vol . 16 no. 1 association of british credit unions march 2014 voinea anca abcul marks the 50th anniversary of the first credit union in britain co operative news 26 march 2014 bickerstaffe tim george the significance of the common bond in credit unions pp. 7 10 thesis submitted in accordance with the requirements for the degree of phd the university of leeds department of sociology and social policy september 2001 the ufcu success story ulster federation of credit unions retrieved 9 february 2015 about the foundation the credit union foundation retrieved 11 february 2015 external links edit association of british credit unions irish league of credit unions ulster federation of credit unions v t e credit unions in the united kingdom community alford and district community bank the co operative eastern savings & loans east london cherwell community bank leeds city lincolnshire london capital london community london mutual london plus louth community bank northamptonshire north london plaid cymru rainbow saver anglia thamesbank wandsworth plus white rose yourcu industrial changemaker churches mutual 1st class manchester unity national fire savers nhs ou employees pcs penny post plane saver police rmt scvo tcu money dissolved district of canterbury hornsey co operative north west london radio taxicabs london associations association of british credit unions gb irish league of credit unions ni ulster federation of credit unions ni retrieved from https en.wikipedia.org w index.php title association of british credit unions & oldid 743097530 categories cooperative federationscredit union leaguescredit unions of the united kingdomcompanies based in manchestercompanies established in 1967 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 7 october 2016 at 20 14 . text is available under the creative commons attribution sharealike license ; 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