Avoid a New Year financial hangover
2020 is not a year many of us will forget in a hurry – regardless of how much we want to. We have all been affected in different ways... Read More
Latest News
Online loan sharks circle on social media this Christmas
Loan sharks are turning to social media to hook people into a cycle of dangerous debt, according to the Wales Illegal Money Lending Unit (WIMLU) and Credit Unions of... Read More
Welsh shoppers prepare for a frugal Christmas 2020
A survey has revealed that shoppers plan to spend less money this Christmas, with seven in 10 shopping early due to the impact of the Coronavirus pandemic and lockdowns.... Read More
Teach Your Child a Lesson in Finance
Teaching children how to save from an early age is an important lesson for their long-term financial wellbeing. Children start to build their money habits as early as five... Read More
Time to Talk Money
It’s Talk Money Week, an annual campaign run by the Money and Pensions Service to encourage people to open up about their money and pensions. According to the Money... Read More
Celtlc Credit Union saves members £2.1 million in debt repayments
Celtic Credit Union has revealed it saved more than 2,700 people across Neath Port Talbot and Swansea Bay around £2.1 million in debt repayments over the past year, compared... Read More
Celebrate Halloween Without A Financial Horror Story
With only a few days to a lockdown Halloween, how can your family enjoy the spooky fun and ghostly treats without turning your budget into a horror story? Although... Read More
Gateway Credit Union saves members £1 million in debt repayments
Gateway Credit Union has revealed it saved more than 1,300 members across Torfaen and Monmouthshire around £1 million in debt repayments over the past year, compared to using a... Read More
Dragonsavers Credit Union saves members £1.3 million in debt repayments
Dragonsavers Credit Union has revealed it saved more than 2,100 people across Rhondda Cynon Taf around £1.3 million in debt repayments over the past year, compared to using a... Read More
Credit Unions of Wales Awards 2020
On International Credit Union Day (Thursday October 15) we’d normally be holding the Credit Unions of Wales Awards at The Pierhead Building in Cardiff Bay. Sadly the Covid-19 restrictions... Read More
Credit Unions Move in Where High Cost Lenders Move Out
On International Credit Union Day (Thursday 15 October 2020), Credit Unions in Wales are celebrating a year of growth, moving into areas where high cost lenders have shutdown. Over... Read More
Lifetime Achievement Award for Flintshire Credit Union Pioneer
A founder of All Flintshire Credit Union who steered it from just £25 to a turnover of £2m, is being honoured with a posthumous lifetime achievement award. Tecwyn Jones,... Read More
SaveEasy Credit Union Receive Financial Access Award
SaveEasy Credit Union has been honoured for helping people gain access to financial services by opening a series of new branches and collection points in towns and rural communities..... Read More
Blaengwrach schoolchildren named super savers of the year
Schoolchildren in Neath Port Talbot are celebrating their success after winning a prestigious award from the Credit Unions of Wales. Pupils of Blaengwrach Primary School in Cwmgwrach near Neath,... Read More
Teacher wins national award for Gambia School Fundraising
An Abercynon schoolteacher has received a prestigious award from the Credit Unions of Wales for her devoted fundraising efforts in aid of children in Gambia. Sharon Rees Williams was... Read More
Brecon Credit Union saves members £800 per year in debt repayments
Brecon Credit Union has revealed its members save around £800 per year in debt repayments over the past year, compared to using a payday lender. As Christmas rapidly approaches,... Read More
Merthyr Credit Union saves members £1.1 million in debt repayments
Merthyr Tydfil Borough Credit Union has revealed it saved more than 2,000 members around £1.1 million in debt repayments over the past year, compared to using a payday lender.... Read More
Newport City Council Wins National Credit Union Title
Newport City Council has received a national award for helping to improve the financial wellbeing of its staff. The Credit Unions of Wales Award was in recognition of the... Read More
Housing Association Wins National Credit Union Title
Linc Cymru Housing Association has received a Credit Unions of Wales Award for helping to improve the financial wellbeing of its staff. The company was nominated for the Payroll... Read More
Scheme to help tenants affected by Coronavirus
A new £8 million Tenancy Saver Loan scheme to help tenants struggling with rent arrears due to coronavirus has been launched, Minister for Housing and Local Government Julie James... Read More
Merthyr Legal Secretary Wins Savings Award
A Merthyr Tydfil legal secretary at a local solicitors’ firm has won a prestigious award for encouraging her fellow workforce to become “super-savers”. Samantha Birrell-Roberts, a Legal Secretary at... Read More
Credit Union volunteer wins national award
Volunteer Meryl Cullen has received a national award from the Credit Unions of Wales for promoting the ethical savings and loans movement after being a victim of payday lenders.... Read More
Legal & General Wins National Credit Union Award
Legal & General has received a national award for improving the monetary health of its workforce. The Cardiff-offices of the financial services company won the Payroll Partner (Third Sector)... Read More
National Credit Union Awards 2020 Announced
Volunteers, members, schools, housing associations and private businesses are among the cohort of 2020 Credit Unions of Wales Awards recipients. For the third year the Credit Unions of Wales... Read More
Newport Credit Union saves members £470,000 in debt repayments
Newport Credit Union has revealed it saved more than 1,200 members around £470,000 in debt repayments over the past year, compared to using a payday lender. As Christmas rapidly... Read More
Deputy Minister welcomes the new Credit Unions of Wales Strategy
Deputy Minister for Housing and Local Government, Hannah Blythyn has voiced her support for the Credit Unions of Wales Strategy 2020 – Building a Credit Union Nation. Speaking following... Read More
Credit unions launch ambitious strategy after saving people in Wales £16m
People in Wales are estimated to have saved almost £16 million by using their credit union for small loans last year, but as we face the financial fallout of... Read More
Credit Unions of Wales welcomes £1m fund from Welsh Government
Credit Unions of Wales has welcomed news of a £1m fund from Welsh Government to support credit unions during the pandemic. Read More
Welsh Capital’s New Credit Union Branch Unveiled
Member-owned Cardiff & Vale Credit Union has opened a flagship branch in the heart of the Welsh capital, bringing affordable loans and ethical savings to the city centre. The... Read More
Millions of Teenagers Eligible for Baby Bonds Payout
Millions of teenagers are set access their own pot of money in Child Trust Funds which could be worth up to £50,000 each. The first of the UK’s “child... Read More