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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email: info@credit-union.coop

Wed 16-Aug-2017
NewsPeople helping people – the credit union way
Print
26 September 2015
People helping people – the credit union way
Credit unions around the world celebrate International Credit Day every October to highlight the importance that credit unions have to millions of people across the globe and to attract more members. This year’s theme is ‘People helping people’.

London Capital Credit Union has always celebrated its links with other like-minded people around the world and it is pleasing to see this year’s theme is about people helping other people, a core principle for credit unions.

Says Helen Baron, President of London Capital Credit Union: “Credit unions and their members will be celebrating on 15 October, to remember all the important achievements that credit unions have delivered in providing much needed finance to people on every continent.”

The latest figures for the international credit union movement show that global membership has risen to over 217 million, an increase of approximately 10 million people in a year. 

The latest report from the World Council of Credit Unions, which represents credit unions around the globe, shows that there are over 57,000 credit unions in 105 countries and that these credit unions have $1.5 trillion in savings and shares!

Although the credit union sector in this country is still quite small, it is growing rapidly thanks to the likes of London Capital Credit Union. According to the latest statistics from the Bank of England, there are now almost 1.6 million adult credit union members in the UK, up by almost 5% in a year.

International Credit Union Day is just one way in which credit unions promote their existence to bring membership to more people. If you use social media, why not join millions of fellow members around the world and use #ICUDay?


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