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Clergy credit union seeks backers

Posted: 03 Feb 2011 @ 00:00

by Ed Thornton

PLANS are under way to establish a credit union — a “mutual” owned and controlled by its members — for members of the Anglican clergy.

The credit union, which would be called the Anglican Mutual Credit Union (AMCU), is the idea of the Revd Antony MacRow-Wood, Team Rector in the North Poole Team Ministry, in Dorset, who is also president of the Associa­tion of British Credit Unions, and a former accountant.

There are 480 credit unions in the UK, all authorised and ...

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