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Credit unions call on Trump administration to cut regulatory burden

US president Donald Trump has passed an executive order to review financial regulation, a measure which…

Scottish minister pledges support for credit unions

Scotland’s cabinet secretary for communities, social security and equalities, Angela Constance, has reiterated the her government’s support…

Report reveals how credit unions are helping members save as they borrow

A report from the Fairbanking Foundation shows the approach taken by credit unions to lending is enabling members…

Credit unions face rising costs as big banks lose profits

Britain’s biggest banks are passing on the costs of falling profits and low interest rates to…

Lloyds allocates £1m Fund to support 21 credit unions

Lloyds Banking Group is granting £1m to 21 credit unions through its Credit Union Development Fund. Credit…

Co-operative law under review in Singapore

New laws are being considered to improve the governance of co-ops in Singapore, with a review of…

Central Bank of Ireland is reviewing credit union regulations

Credit unions across Ireland could soon be allowed to invest their members’ funds in social housing projects.…

Co-operative Bank is up for sale

The Co-operative Bank has started a sale process inviting offers for all of its issued ordinary…

Co-operative Credit Union must be best choice for all members, AGM told

The Co-operative Credit Union must be the preferred option for all its members – or it…

Co-op banks in India investigated for alleged money laundering

Indian co-operative banks are being investigated for allegedly depositing money in banned currency after demonetisation. The…

Bill to let credit unions make more business loans is tabled in USA

Legislation to widen the scope of credit unions to make business loans has been put before the…

SWIFT co-operative to use blockchain technology for cross border payments

SWIFT co-operative is exploring blockchain technology in an attempt to deliver a new standard in cross-border…