Credit Unions APPG

First Registered: 30/07/2015 • Last updated on: 21/04/2021

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. 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

2. 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)

3. Financial top tips for service personnel
15/06/2020 - Ministry of Defence
- View source

Found: by the services’ mobile population in acquiring credit and offers advice on how to overcome these.

4. RPC opinions 2015-17: Financial Conduct Authority (page 2 of 3)
21/05/2018 - Regulatory Policy Committee (RPC)
- View source

Found: www.gov.uk/rpc 1 Reform of the legacy Credit Unions Sourcebook Financial Conduct Authority

5. Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2019
02/07/2019 - Secondary Legislation

Found: landlords36FA.—(1) There are excluded from article 36A (credit broking) activities carried on by a registered

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. Savings (Government Contributions) Bill
12/12/2016 - Commons Chamber

1: specified conditions relating to the working tax credit.”Currently those aged under 25 only qualify - Speech Link
2: declare an interest as a member of the M4Money credit union and as chair of the all-party group on mutuals - Speech Link
3: an interest as a member of the Cardiff and Vale credit union and I am also pleased to be, like my hon - 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: Janet Daby
08/09/2020
... how many (a) credit unions and (b) credit unions affiliated to faith groups there are in the UK.

2. 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.

3. Credit Unions
asked by: Gareth Thomas
23/10/2020
... by region of the UK.

4. 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.

5. Credit Unions
asked by: Gareth Thomas
06/10/2020
... how many people have belonged to a credit union in each of the last 10 years; and if he will make a statement.

Latest Questions
6 Current APPG Officers
Bim Afolami Portrait
Bim Afolami
Chair & Registered Contact
Conservative - Hitchin and Harpenden
Joined: 21st November 2018
Lord Hunt of Wirral Portrait
Lord Hunt of Wirral
Vice Chair
Conservative - Life peer
Joined: 21st November 2018
Lord Kennedy of Southwark Portrait
Lord Kennedy of Southwark
Vice Chair
Labour - Life peer
Joined: 30th July 2015
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

Former APPG Officers
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