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UK >

Church’s flagship credit union is ready to launch

Tim Wyatt

by Tim Wyatt

Posted: 19 Dec 2014 @ 12:16

THE Church of England's flagship credit union has been approved by the financial regulators, paving the way for it to open its doors officially in February.

The Churches Mutual Credit Union (CMCU), a joint venture with the Methodist Church, the Church of Scotland, the Scottish Episcopal Church, and the Church in Wales, was authorised by the Financial Conduct Authority and the Prudential Regulation Authority on Tuesday.

Clergy, lay ministers, church trustees, church ...

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