Credit Unions APPG

First Registered: 30/07/2015 • Last updated on: 02/06/2021

Note: This APPG was last registered on 2nd Jun 2021. The APPG was not registered in the latest release of 14th Jul 2021 and may be defunct.

Official Page

To provide a forum for discussing the work of credit unions and the need to secure a legislative and regulatory regime which will allow credit unions to scale up and provide inclusive financial services for many more people.

Note: All-Party Parliamentary Groups (APPGs) are informal, cross-party groups formed by MPs and Members of the House of Lords who share a common interest in a particular policy area, region or country. APPGs have no official status within Parliament.


This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to Credit Unions

1. Credit Union Prizesaver pilot evaluation and summary
20/07/2021 - HM Treasury
- View source

Found: Background T here are currently 411 credit unions in the UK , serving over 2.1 million members

2. Christmas comes early for first £5k winner of new Treasury-backed savings account
22/12/2019 - HM Treasury
- View source

Found: the new PrizeSaver accounts with participating credit union Commsave. As well as the top prize winner

3. Credit Union Prizesaver pilot evaluation and summary
20/07/2021 - HM Treasury
- View source

Found: Executive Summary 3 Awareness and membership of credit unions 3 Financial resilience 3 Future Direction

4. Credit Union Prizesaver pilot evaluation and summary
20/07/2021 - HM Treasury
- View source

Found: Credit Union Prizesaver pilot evaluation and summary Following the end of the Credit Union

5. Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) (Amendment) (No. 2) Order 2020
09/09/2020 - Secondary Legislation

Found: Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration)

Latest Documents
Recent Speeches related to Credit Unions

1. Financial Exclusion: Access to Cash
21/05/2019 - Westminster Hall

1: should seize, including a particular mention for credit unions; and the importance of joining up to move forward - Speech Link
2: operators and others. I also want to mention credit unions and their role, and I hope that the Minister - Speech Link

2. Co-operative and Mutual Businesses
27/06/2019 - Commons Chamber

1: Co-operative Group through to social enterprises, credit unions, energy co-ops, community banks, childcare co-ops - Speech Link
2: in one of London’s prime spots. Armed forces credit unions are another powerful example of the difference - Speech Link
3: introduction of further legislative reform to help credit unions offer more services to their members and enable - Speech Link

3. UK as a Financial Services Hub
06/02/2019 - Westminster Hall

1: and liabilities—is a critical aspect of assessing credit-worthiness. In the new economy, banks struggle - Speech Link
2: the all-party group on credit unions, and one of the main purposes of credit unions is to provide that face-to-face - Speech Link

4. Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) (Amendment and Revocation) Regulations 2020
21/10/2020 - Lords Chamber

1: charitable organisations, friendly societies, credit unions and so on, which may be particularly vulnerable - Speech Link
2: societies and community benefit societies such as credit unions, following lobbying, in particular by Co-operatives - Speech Link
3: them, and I understand that the term includes credit unions. Do we also need to take special measures to - Speech Link

5. Co-operative and Community Benefit Societies Act 2014 (Amendments to Audit Requirements) Order 2017
01/02/2018 - Lords Chamber

1: co-operatives, community benefit societies, credit unions and building societies. In the mutuals sector - Speech Link
2: the registrar as well as the regulator for credit unions in Northern Ireland. I can find no comments - Speech Link
3: director of the London Mutual Credit Union, one of the biggest credit unions in London. These orders will - Speech Link

Latest Speeches
Recent Questions related to Credit Unions
1. Credit Unions
asked by: Gareth Thomas
18/01/2021
... what assessment he has made of the potential merits of bringing forward legislative proposals to allow credit unions to offer (a) insurance services and (b) credit card services.

2. Credit Unions
asked by: Janet Daby
08/09/2020
... how many (a) credit unions and (b) credit unions affiliated to faith groups there are in the UK.

3. Credit Unions
asked by: Lord Kennedy of Southwark
20/10/2020
...To ask Her Majesty's Government what assessment they have made of the resilience of the credit union sector.

4. Credit Unions
asked by: Gareth Thomas
17/11/2020
... (b) offer insurance products to members and (c) offer credit cards; and if he will make a statement.

5. Credit Unions
asked by: Gareth Thomas
06/10/2020
... if he will publish a credit union development strategy; and if he will make a statement.

Latest Questions
Former APPG Members
Bim Afolami Portrait
Bim Afolami
Chair & Registered Contact
Conservative - Hitchin and Harpenden
Joined: 21st November 2018
Departed: 2nd June 2021
Lord Hunt of Wirral Portrait
Lord Hunt of Wirral
Vice Chair
Conservative - Life peer
Joined: 21st November 2018
Departed: 2nd June 2021
Lord Kennedy of Southwark Portrait
Lord Kennedy of Southwark
Vice Chair
Labour - Life peer
Joined: 30th July 2015
Departed: 2nd June 2021
2 APPG Memberships
Beer , District Councils
Chris Evans Portrait
Chris Evans
Treasurer
Labour (Co-op) - Islwyn
Joined: 30th July 2015
Departed: 2nd June 2021
Jim Fitzpatrick Portrait
Jim Fitzpatrick
Vice Chair
Labour - Former Member for Poplar and Limehouse
Joined: 30th July 2015
Departed: 5th November 2019
No other APPG Memberships
Hugh Gaffney Portrait
Hugh Gaffney
Vice Chair
Labour - Former Member for Coatbridge, Chryston and Bellshill
Joined: 21st November 2018
Departed: 5th November 2019
No other APPG Memberships
Jeremy Quin Portrait
Jeremy Quin
Chair & Registered Contact
Conservative - Horsham
Joined: 8th November 2017
Departed: 18th July 2018
No other APPG Memberships
Seema Kennedy Portrait
Seema Kennedy
Chair & Registered Contact
Conservative - Former Member for South Ribble
Joined: 24th November 2016
Departed: 2nd May 2017
No other APPG Memberships
Peter Grant Portrait
Peter Grant
Vice Chair
Scottish National Party - Glenrothes
Joined: 30th July 2015
Departed: 2nd May 2017
No other APPG Memberships
Mark Durkan Portrait
Mark Durkan
Vice Chair
Social Democratic & Labour Party - Former Member for Foyle
Joined: 30th July 2015
Departed: 2nd May 2017
No other APPG Memberships
Robin Walker Portrait
Robin Walker
Chair & Registered Contact
Conservative - Worcester
Joined: 30th July 2015
Departed: 12th October 2016
No other APPG Memberships
Madeleine Moon Portrait
Madeleine Moon
Vice Chair
Labour - Former Member for Bridgend
Joined: 30th July 2015
Departed: 12th October 2016
No other APPG Memberships
Contact Details

Registered Contact:

Bim Afolami MP, House of Commons, London, SW1A 0AA.

Email: bim.afolami.mp@parliament.uk

Public Enquiry Point:

Daniel Arrowsmith, Association of British Credit Unions Limited, Holyoake House, Hannover Street, Manchester M60 0AS. Tel: 0161 819 6996

Email: daniel.arrowsmith@abcul.org

Secretariat:

Association of British Credit Unions Limited acts as the group's secretariat. http://www.abcul.coop

Group's Website:

https://www.abcul.coop/news-and-comment/credit-unions-in-parliament/credit-unions-in-parliament-appg

Benefits in Kind
Date
10 Mar 2020
Source
Association of British Credit Unions Limited
Description
Secretariat   From : 10/03/2020 To : 09/03/2021
Value
£1,501
Date
17 Oct 2019
Source
Association of British Credit Unions Limited
Description
Secretariat   From : 17/10/2019 To : 16/10/2020
Value
£1,501
Date
4 Jun 2019
Source
Lloyds Banking Group
Description
Reception
Value
£4,501
Date
17 Oct 2018
Source
Association of British Credit Unions Limited
Description
Secretariat   From : 17/10/2018 To : 16/10/2019
Value
£1,501
Date
18 Oct 2017
Source
Citibank
Description
Reception
Value
£6,001
Date
17 Oct 2017
Source
Association of British Credit Unions Limited
Description
Secretariat   From : 17/10/2017 To : 16/10/2018
Value
£1,501
Date
28 Feb 2017
Source
Lloyds Banking Group
Description
Reception held on 28 February 2017
Value
£4,501
Date
30 Nov 2016
Source
Fiserv Inc
Description
Reception held on 30 November 2016
Value
£3,001
Date
19 Oct 2016
Source
Citigroup
Description
Reception held on 19 October 2016
Value
£4,501
Date
3 Mar 2016
Source
Money Advice Service
Description
Breakfast meeting held on 03/03/2016
Value
£1,501
Date
1 Jan 2016
Source
Association of British Credit Unions Ltd
Description
Secretariat   From : 01/01/2016 To : 23/06/2017
Value
£1,501
Date
14 Oct 2015
Source
Citi Bank
Description
Reception held on 14 October 2015
Value
£4,501
Date
9 Jul 2015
Source
Scape Group
Description
Reception
Value
£1,501
Date
24 Jun 2015
Source
Lloyds Banking Group
Description
Reception held on 24/06/15
Value
£7,501
Date
13 Jan 2015
Source
FISERV
Description
Reception held on 13/01/15
Value
£6,001
Date
1 Jan 2015
Source
Association of British Credit Unions Ltd
Description
Secretariat   From : 01/01/2015 To : 31/12/2015
Value
£1,501

No direct financial benefits are on record for the Credit Unions APPG