Organisation and Structure

UKCreditUnions Ltd (UKCU) is a co-operative based national trade association for authorised and registered credit unions, credit union steering groups, savings groups, mutual aid societies and credit union support organisations.

UKCU has evolved from the Association of Independent Credit Unions (AICU). The AICU represented credit unions in England and Northern Ireland.

In April 2004 UKCU was launched with a remit to offer its services to any credit union in the whole of the UK. Each member credit union of UKCU holds one share. Member credit unions are also asked to pay a quarterly affiliation fee based on their share assets.

Each year at the Annual General Meeting, individuals from our member credit unions can be nominated to stand for election onto the Committee of Management.

There are 12 Directors that make up the  committee, all the Directors are volunteers and are not paid. The current Directors are from credit unions based around the UK, their credit unions range from small church based community credit unions to large  employee based credit unions.