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NHS Credit Union celebrated its 20th anniversary

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23 Nov 18

This week NHS Credit Union celebrated its 20th anniversary of service to members at a special event in Glasgow. The event in Trades Hall marked a special birthday for the credit union in the 70th anniversary year of the National Health Service.

Senior personnel from ABCUL joined guests from America, Ireland and all over the UK as NHS Credit Union to mark the event. The occasion held special significance for ABCUL CEO, Robert Kelly, who for 10 years led the organisation’s development to become one of Scotland’s biggest credit unions with over 17500 members and total assets of more than £23 million.

Writing in a recent blog post for the credit union, Interim CEO, Maureen Paterson said: “When Nye Bevan founded the National Health Service in 1948, he did so with the values of social justice and universal access at its core. I’m proud to say that these beliefs still run just as strongly throughout our credit union.

“Like many of our colleagues in the healthcare industry, those of us in the ethical finance sector are driven by the desire to enact change, and to help others. I’m absolutely confident of the fact that this is our key driving factor here and it’s this belief that’s been motivating us since 1998”.

As a measure of the importance the Scottish Government places in credit unions, Local Government Minister Aileen Campbell attended the event to pass on her birthday wishes.

 She congratulated the credit union on 20 years of putting its members first. She added that it was great to celebrate with the team and to spread the word about fantastic credit unions through the Scottish Government’s recently-launched People not Profit campaign.

The event also heard from Unison General Secretary, Dave Prentis, who took the opportunity celebrate the values of democracy, equality and equity shared by credit unions and the trades union movement.

As part of the celebration the credit union’s founder, Robert Rae, helped launch a new educational scholarship for members of the organisation.  Marshall Boutwell, CEO of American partner Peach State Credit Union, came over from Atlanta, Georgia, to add his congratulations and pledged $10,000 from Peach State to the new scholarship fund.

Throughout the afternoon, a key focus was on providing services to the NHS staff it serves. Reflecting on the last 20 years and how the credit union must continue to improve and not lose sight of its key objective to improve financial wellbeing of who they serve, Maureen added:  “Just as it’s a great time to be involved in credit unions, it’s a great time to be a member of our credit union. We’re improving how we do things, from communicating with members, to making our services more accessible and visible to those who can benefit from joining.

“In our industry, it’s crucial not to stay still, but to evolve and adapt with the current climate and the challenges we face. We can’t wait for what the future holds – for ourselves, our current members, and our future members too”.

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