Management & Governance: Keeping Your Money Safe
As an ethical organization, we are transparent about our performance and operations (whilst of course maintaining confidentiality of personal information and data).
Credit unions are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and are subject to strict controls on membership, interest and fees.
We are covered by the Financial Services Compensation Scheme (FSCS). This means your money is safe, even in the unlikely event that the credit union fails.
We are a member of the Association of British Credit Unions (ABCUL), the UK trade body for credit unions and abide by their rules and guidelines.
Our Board are independent and elected (or re-elected) annually at our Annual General Meeting (AGM). Our AGM gives our members the opportunity ask questions of the Board and Supervisory Committee and we warmly invite all members to attend.