Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Britains CU shared business model gathers steam
MANCHESTER, England (8/2/12)--A new shared business model project for British credit unions to help strengthen the credit union movement already has 60 credit unions signed up, said the Association of British Credit Unions Ltd. (ABCUL) Monday.

ABCUL is developing the project with Cornerstone Mutual Services and credit unions to increase collaboration in the sector (ENP Newswire July 31).

"The more than 60 credit unions that have signed up so far have shown great leadership in coming together to realize the sector's long-held vision for British credit union development," said ABCUL Chief Executive Mark Lyonette.

"This project is a great opportunity for credit unions in Britain to come together and develop the shared business model and services which could significantly grow our movement and bring the benefits of credit union membership to many more people across the country," he said. "Across the world, the most successful credit union movements have reaped the benefits of greater collaboration bringing about significant growth for their sectors."

ABCUL had asked credit unions for expressions of interest in the proposed project by July 31. It plans to build a team of credit union leaders to steer the development of the shared business model.


RSS print
News Now LiveWire
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
1 hours ago
#creditunion CEO confidence continues upward trend #NewsNow http://t.co/gi1IamDlA8
1 hours ago
.@NJCUL to hold info session for #cugreenloans in Sept. See #NewsNow http://t.co/5h65CplhS9
2 hours ago
.@TheCCUL meets with rep of @SenatorTimScott http://t.co/7uBfUrex30
3 hours ago
Save to Win hits $1M in savings at 6 Wash. #creditunions #NewsNow http://t.co/Hbs3bnESuj
3 hours ago