About the Foundation

The Credit Union Foundation Ltd is a registered charity and a company limited by guarantee with a board of trustees consisting of directors of the Association of British Credit Unions (ABCUL) and independent trustees. 

Our Objects

The Objects of the Foundation are

(a) To advance education amongst the public in matters pertaining to credit unions and their potential in relieving poverty and need, and to provide education and training in the knowledge and skills pertinent to the establishment and management of credit unions;

(b) To relieve poverty and need amongst communities in the United Kingdom and throughout the World which are in need of such relief, by advising needy persons within those communities how to establish and manage credit unions.

(c) To relieve poverty by providing grants, items, support and other services to credit unions to allow them to extend their services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.

As a registered charity, The Credit Union Foundation’s rules allow it to carry out a different but complementary role to that of ABCUL. The Foundation works with all credit unions, not just those which are members of ABCUL.

The Memorandum of Association of the Foundation can be downloaded from the bottom of this page.


  • Lord Roy Kennedy (Chair)
  • Karen Bennett
  • Gren Bingham
  • Richard Munro
  • Annette Thomas
  • David Martin
  • Dan Denning
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